Is smaller better? Sometimes. But we also know that the power of the state is often used to grow institutions beyond what would be their natural size in a freer world.
In this interview with Jeff Deist, Lew Rockwell discusses the founding of the Mises Institute, Murray Rothbard, and whether or not the good guys are winning.
For Quinn Slobodian, economic arguments for the market are mere business propaganda. He does not grasp that the argument for free exchange follows from elementary economic theory.
"He used Menger’s edifice as a framework, and then he solidified its foundations and proceeded to build an entire basilica on top of it. It was an enormous achievement."
Ferguson concludes an orderly society requires a strong state, but more insightful readers might draw a different conclusion from his critique of the state.
