Money Creation, Then And Now
One good way to understand the current monetary system is to gain a basic understanding of banking history.
One good way to understand the current monetary system is to gain a basic understanding of banking history.
America’s reckless green energy policies evaluated.
The U.S. government has long been waging war on savings, making it the cause of, rather than the solution to, low savings rates.
Many attempts to defend property rights are founded on the wrong premises. The result, unfortunately, is ultimately destructive to the cause.
Profit-seeking employers qua profit-seeking employers are simply unconcerned with race. Their principle is: of two equally good workers, hire the one who is available for less money; of two workers available for the same money, hire the one who is the better worker. Race is simply irrelevant.
Do as I say, or else you will be fined or sent to prison.
In a free market, within the limit of his abilities, each person chooses that job which he believes offers him the best combination of money and nonmonetary considerations. In so doing, he simultaneously acts for his own maximum well-being and for that of the consumers who buy the ultimate products his labor helps to produce.
The oil shortage was “manufactured” by the government, through price controls, not by the oil companies and their perfectly natural and praiseworthy desire to earn profits.
Although Vietnam calls itself a socialist country, the way people here think is more in tune with capitalism than is the case in Europe.