Interest rates should be determined by the market, according to its needs, to operate efficiently and effectively distribute society’s financial resources.
World News
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The yearning for a state-controlled system is not born of compassion for others but rather of infantile selfishness.
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United States is now a full-blown “tax state” in that lawmakers can raise taxes with minimal effort without meaningful legal resistance from any other domestic institution.
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For every $5 the government collected in taxes, about $1 went to pay interest.
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Human Action by Ludwig von Mises is not just another book on economics, although its economic content is excellent and timeless. It is a passage through one truth after another,…
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The authors of multiple peer-reviewed studies in the British medical journal The Lancet, say the actual death toll is much higher.
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“Overall, it should be evident that the Constitution was a counterrevolutionary reaction to the libertarianism and decentralization embodied in the American Revolution.”
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It is said that a political gaffe is when a politician accidentally tells the truth. This is a clear demonstration that a major American political party has readily accepted the…
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Post Content
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Republican failure to effectively oppose Obamacare is because of failure to acknowledge that the pre-Obamacare healthcare system was seriously flawed because of government interventions.