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.
"It would be helpful if libertarians understood the government policies they oppose." My 2 cents in talking with Ron Paul today on his Liberty Report.
States know that treason and sedition laws are about much more than matters of law and order. They are essential components of enhancing state power.
States know that treason and sedition laws are about much more than matters of law and order. They are essential components of enhancing state power.
On this episode of Radio Rothbard, Ryan and Tho are joined by Karl-Friedrich Israel to discuss the economic conditions in Europe.
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