The case for the privatization of roads has much to recommend it if only in terms of how it would affect the power of the police to detain us, search us, and seize our property.
Mises explicitly explained that fascism (which he called by its Italian name, “stato corporativo”) is nothing but an outgrowth of socialism and is incompatible with a free market.
If we can spend a few trillion overnight to bail out investors and send out 150 million stimulus checks, why not also launch a universal basic income and a slavery reparations program?
There are two kinds of inequality. One develops as societies innovate and become more productive. The other kind results from government corruption and intervention.
Our high levels of malinvestment mean that negative interest rates will not have the steroidal effect that's hoped for. But they will deliver another few years of subpar debt-fueled economic activity.
Reparations advocates wish to tax countless millions of Americans descended from people who only arrived in the US after slavery was outlawed, and thus couldn't have possibly been responsible for slavery.
