Big Government

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Rothbard: Essentials of Money and Inflation

Big GovernmentThe FedMoney and Banking


The best way to penetrate the mysteries of the modern monetary and banking system is to realize that the government and its central bank act precisely as would a Grand Counterfeiter, with very similar social and economic effects.

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California Weighs a $15 Per Hour Minimum Wage

Big GovernmentU.S. EconomyInterventionism


California is on the verge of increasing the statewide minimum wage to $15, from $10. According to one pro-minimum wage policy advisor, "It would mean a raise for one of every three workers in the state."

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Statistics: Achilles' Heel of Government

Big GovernmentCalculation and Knowledge


Statistics, so vital to statism, its namesake, is also the State's Achilles' heel.

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A Boom Town Recession That Could Save Us All

Big GovernmentBooms and BustsThe FedGlobal EconomyU.S. HistoryWar and Foreign PolicyBusiness CyclesGold Standard


Recessions are good for an economy because they involve a resolution process, but a big recession for this boom town could be great for the world economy.

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Mises: The Inequality of Wealth and Income

Big GovernmentFree MarketsInterventionism


Those who advocate equality of income distribution overlook the most important point, namely, that the total available for distribution, the annual product of social labor, is not independent of the manner in which it is divided.

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A Better Approach To Terrorism

Big GovernmentCalculation and KnowledgePrivate Property


If allowing markets to operate represents an "ideology" to most people, so be it. I would argue that markets represent a lack of ideology. More importantly, markets provide far and away the most practical approaches to difficult problems like terrorism.


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Rothbard: The Myth of Tax "Reform"

Big GovernmentTaxes and SpendingFiscal TheoryInterventionism


We must, in short, get past the tax reformers' favorite ploy of revenue neutrality. Why must total revenue remain the same? Instead, it should be lowered drastically, and as much as possible.

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Marc Faber: Some Misallocation Is Worse than Others

Big GovernmentFree MarketsU.S. History


Is government spending on infrastructure less of a misallocation than other spending?

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Hillary Clinton Wins the Federal Reserve Primary

Big GovernmentStrategyThe FedMoney and Banking


Hillary Clinton has received $18,747 in campaign contributions from Federal Reserve employees — over four times more than all other candidates combined.

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Rothbard: The Progressive Movement

Big GovernmentU.S. EconomyU.S. HistoryOther Schools of Thought


Murray Rothbard examines the origins of the Federal Reserve in light of the history of the Progressive movement.

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