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On this day ninety-one years ago President Franklin D. Roosevelt via executive order seized gold legally held by Americans, criminalizing the use of sound money. Our economy and our nation has never recovered from this act.
Nick Gillespie joins Bob to make the case that American Libertarians are too pessimistic.
Bolivia has been mired in poverty, hyperinflation, and state control of the economy for generations. It is time for a change, and the Alasitas Fair is leading the way.
Bolivia has been mired in poverty, hyperinflation, and state control of the economy for generations. It is time for a change, and the Alasitas Fair is leading the way.
While government officially measures inflation using weighted averages incorporated into the Consumer Price Index, in truth it is impossible to establish an average price level. It really is the proverbial apples-to-oranges comparison.
F.A. Hayek coined the term spontaneous order to point out that the prosperous societies are also societies where people are free to pursue their own goals. The result is, ironically, harmony that cannot come about through central state planning.