Source: When Boom Turns Into Crack-Up Boom | Economic Prism
Greenspan got it right in 1996
21
Jan
Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money, by issuing government bonds, to finance welfare expenditures on a large scale.
– Alan Greenspan, “Gold and Economic Freedom” [1966]
Glenn Greenwald: New Biden Admin Trying to Criminalize Any Opposition to the Ruling Class (1.20.21) –
21
Jan
John Brennan’s smears.
It’s Time for a National Divorce | Mises Wire
19
Jan
There is no longer a United States of America. Time to acknowledge the obvious.
Source: It’s Time for a National Divorce | Mises Wire
Economics for Beginners | Mises Institute
19
Jan
What every American should know, especially policymakers in DC and the state capitals.
Source: Economics for Beginners | Mises Institute