What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
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Ken Burns’s The War
Posted on Author Glaucon
Further to my previous post, here is a great summary of Ken Burns’s recent documentary “The War”, which is actually worse than his Civil War one.
Things Jesus Never Said
Posted on Author Sean Dempsey
There is no virtue in compulsory government charity, and there is no virtue in advocating it. A politician who portrays himself as “caring” and “sensitive” because he wants to expand the government’s charitable programs is merely saying that he’s willing to try to do good with other people’s money. Well, who isn’t? And a voter […]