and then, you can add the following by Erick Sprott to that.
H/T Bro Garry
"Objects in history may be closer than they appear" – Eeyore for Vlad
"Objects in history may be closer than they appear" – Eeyore for Vlad
and then, you can add the following by Erick Sprott to that.
H/T Bro Garry
The only thing the public schools teach is Keynesian economics, this failed theory is what the entire world has been following for almost the entire 20th Century, this is why more people don’t understand how right the man is, a major economic bust is coming and will be worse then the last one.
I agree, Richard, Keynesianism is fatally flawed. Ludwig von Mises and the Austrian School have it right http://mises.org/
Two books well worth the effort to read:
Human Action: A Treatise on Economics by Ludwig von Mises http://mises.org/store/Human-Action-The-Scholars-Edition-P119.aspx
Capitalism: A Treatise on Economics by George Reisman http://www.capitalism.net/
The sole purpose of legitimate government is the protection of individual rights. Government has absolutely no role to play in the running of the economy. Just as there should be complete separation of state and religion, so should there be complete separation of state and economics. Let the market system work.
I agree, Richard, Keynesianism is fatally flawed. Ludwig von Mises and the Austrian School have it right http://mises.org/
Two books well worth the effort to read:
Human Action: A Treatise on Economics by Ludwig von Mises
Capitalism: A Treatise on Economics by George Reisman
The sole purpose of legitimate government is the protection of individual rights. Government has absolutely no role to play in the running of the economy. Just as there should be complete separation of state and religion, so should there be complete separation of state and economics. Let the market system work.
Thank you for the tips on reading, I will try and get the local library to get them for me.
I will state that there can’t be a total separation of Church and State, the legal system of the West is built around the Judo-Christian faith and its teachings. What you can do and need to do for freedom is prevent the establishment of a state religion, this is what the First Amendment is suppose to do. Unfortunately it also makes it hard to outlaw any religion unless it can clearly be shown that the religion is working to destroy the US.
While it can be shown that Islam is working to destroy the US, at the current time outlawing Islam is politically unfeasible, and while I expect it to become politically feasible in the future I will regret the precedent that will be set by its outlawing.
I also agree that protecting individual rights is the only legitimate role for governments and that they should stay out of the markets, I don’t expect we will ever see them totally out of the markets. We will see their influence greatly lessened and the come back as the future generations refuse to learn from the current mess.