Left-wing intellectuals such as Polanyi are always weeping about the "Coca-Colaization" of the rest of the world, bemoaning the supposedly lost glories of "folk culture" in the undeveloped countries, writes Rothbard.
So many to choose from but Scott Trask picks ten of the most glaring economic errors that have bespotted the history of American economic policy.
Inflation erodes morals in creeping, insidious ways. It replaces social bonds with government controls.
Everyone seems to agree that Reagan slashed the size and scope of government. Murray N. Rothbard exposes the truth.
It is a myth that scientific research left to the mercies of the free market would be insufficient for modern technological needs. In fact, centrally planning innovation will only stifle it.
Menger's was an analytical method that began with the smallest empirical phenomena and proceeded logically from there. He called this the "empirical method."
The French Revolution is a large and complex event worthy of a Gibbon, but it may not have happened at all if the French monarchy had balanced its budget.
Rothbard shows that the failures of government are no accident but rather stem from the very nature of the means.
Frédéric Bastiat reminds us of the dangers to all sides of using military force as a means of securing resources or to bring freedom to foreign peoples.
Robert Taft fought military conscription in 1946, stating, "If adopted, it will color our whole future. We shall have fought to abolish totalitarianism in the world, only to set it up in the United States."
