An important aspect of the freedom to exercise reason is the freedom of speech: the liberty to express opinions and to persuade others, whether to advertise one’s products, to raise capital, to contract suppliers, or to recruit employees. Taking this freedom away also severely undermines companies’ ability to create material values.
How can a central bank manage a quantity without being certain just how to define, let alone measure, that quantity? How is it possible for the quantity of money supplied to differ from the quantity demanded? When those things do differ, how can one tell? Finally, just what does “the demand for money” mean?
What, exactly, is “monetary policy” about? Why is there such a thing at all? What should we want to accomplish by it — and what should we not try to accomplish?
In Germany, it appears that all you need to do to land in jail is be accused by a judge of having a “clear right-wing background.” Has Germany learned nothing from its prior experiences with fascism?
The fact is both Hillary Clinton and Donald Trump represent variations on the same political theme: the interventionist-welfare state, only applied in different ways as they pander to different coalitions of special interest and ideological groups among the American electorate.
Is the premise that catastrophic man-made climate change is happening and that corporations, particularly those involved in producing fossil fuels, are largely culpable, valid?
British companies can even outperform those outside of the EU—if the British government does not compromise on the principle of liberty. That is the big ‘if.’ But the Brexit has opened up a huge opportunity for a freer, more prosperous Britain.
The American Spirit of Independence, Innovation and Benevolence
CAPITALISM REVIEW