Though I have written extensively about the Recession of 1920, it is worth revisiting it per Glenn Beck’s show last night.  Beck rightly pointed out that the policies of decreased taxes and decreased government spending implemented by both Harding and Coolidge paved the way for the dramatic economic growth of the roaring 20s. What Beck [...]

From Albert Jay Nock’s Our Enemy, the State:

What we and our more nearly immediate descendants shall see is a steady progress in collectivism running off into military despotism of a severe type.  Closer centralization; a steadily growing bureaucracy; State power and faith in State power increasing, social power and faith in social power diminishing; the [...]

Government cannot fix America’s problems.  Only innovative, responsible individuals acting according to their own free will can help cure what ails us.  If government could solve all our problems, then government might as well centrally plan society, but as we have seen in every instance in which this has been tried, the sole result has [...]

Shutters are closed up and down Main Street but Wall Street is in the money. How could that be? The bull market in stocks has gone farther for longer than I thought possible.
Just surveying the salient points of the economic situation in 2009 led me to a more bearish view. The anti-business party controls the [...]

Tom Slee has written a book entitled No One Makes You Shop at Wal-Mart. The introduction of the book ends with “why we need to rely on collective action rather than individual choice to take us to where we want to be”.
Poor Tom! He fantasizes that once the tools of coercive collective action are created, [...]