Myths of the Mixed Economy
If the mixed economy is such a disaster, why do we have one? Because it enables the well-connected to loot the rest of us in a social democracy disguised as "democratic capitalism."
If the mixed economy is such a disaster, why do we have one? Because it enables the well-connected to loot the rest of us in a social democracy disguised as "democratic capitalism."
From the Great Depression to the Cold War, to the War on Terror, the regime repeatedly seeks to keep its citizens in a state of fear. And there's one "enemy" that is always there for the state to save us from: "greed" and capitalism.
Franz Oppenheimer explains in detail the manner in which the state seizes control of society, one stage at a time.
Kennedy and his new brand of economists conducted a relentless campaign for easy money right from inauguration day.
It is absurd to say we wish to do away with religion, education, property, labor, and the arts simply because we oppose government subsidies. Rather, we merely oppose stealing from one group of citizens and handing over their wealth to others.
The salient fact, and one which most writers fail to stress, is that, insofar as the working people then had a "choice of alternative benefits," they chose the conditions which the reformers condemned.
It is striking that the major resurgence of Scholastic ideas came out of Austria in the late 19th century, a country that had avoided a revolutionary political or theological upheaval. If we look at Menger's own teachers, we find successors to the Scholastic tradition.
Hardly anyone talks of the table of virtues and vices anymore, but in reviewing them, we find that they nicely sum up the foundation of bourgeois ethics, and provide a solid moral critique of the modern state.
Murray Rothbard was a pioneer in analyzing taxation from an Austrian or causal-realist standpoint. However, he never explicitly engaged the standard theory of deadweight loss from taxation. This article develops the Austrian analysis of taxation further toward this end
As Mark Thornton has shown, the big legislative change that FDR made at the start of his presidency, the decision that affected every single American citizen from one coast to the other, was the repeal of the thirteen-year hell of Prohibition.