individualism for the masses!
("Liberty" being subject to definition and infringement by the commander in chief for purposes of national security as he defines them.)Tom Toles is right about der führer, of course.
B.K. Marcus is an amateur political economist with no formal education in the subject. He works from Charlottesville, Virginia, as an editorial consultant for the Ludwig von Mises Institute. He is no longer a house husband, nor a faculty spouse, but he is still a dilettante, and a layabout, at least in spirit.
"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
| Ludwig von Mises: "The distinction between an economic sphere of human life and activity and a noneconomic sphere is the worst of their fallacies." - Theory and History |
Fluctuating fiat moneys, as the world has discovered once again, since 1971, are unsatisfactory. They cripple the advantages of international money and virtually return the world to barter. They fail to provide the check against inflation by governments and central banks once supplied by the stern necessity of redeeming their monetary issues in gold.
Murray N. Rothbard, |
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