Written in 1704
There is in England more labor than hands to perform it, and consequently a want of people, not of employment.
No man in England, of sound limbs and senses, can be poor merely for want of work.
All our workhouses, corporations and charities for employing the poor, and setting them to work, as now they [...]
Some thoughts for friday. Week before the GM is stamped finally “Too Big To Fail”
Japan’s Economy Shrank 15.2% last quarter. Therefore, the U.S. follows japanese 20 year monetary plan precisely..
history shows us that the sectors that led the downturn are never the ones to emerge as leaders in the next sustainable bull market. Do I [...]
written by Frank Shostak from Mises. org
In his interview with the New York Times on May 3, 2009, President Obama said,
“I know how to ask good questions of my doctor. But ultimately, he’s the guy with the medical degree. So, if he tells me, you know what, you’ve got such-and-such and you need to take [...]
Ai: what is government purpose, written by Thomas J. DiLorenzo from Mises.org
The purpose of government is for those who run it to plunder those who do not. Throughout history, governments have used violence, intimidation, coercion, and mass murder to enforce this system. But governments’ first line of “defense” is always a blizzard of lies — [...]
Ai note: thanks to government the fraudulance couldn’t be punished.
The general freedom of buying and selling is therefore the only means of assuring, on the one hand, the seller of a price sufficient to encourage production, and on the other hand, the consumer, of the best merchandise at the lowest price. This is not to [...]