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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Posted on Author Sean Dempsey
Let me justify why i posted this meme, before i’m too-badly blasted by my lefter-leaning friends. I usually despise the “Obama vs Hitler” juxtapositions as ridiculous and un-founded. So to clarify: I am NOT saying that President Obama is Hitler or that under his Presidency America will ever become a fascist, blood-hungry state. That’s lunacy […]
Fighting the War on Drugs: What Real Political Courage Looks Like
Posted on Author Sean Dempsey
In the aftermath of Rand Paul’s recent support of the War on Drugs ( http://reason.com/blog/2013/05/13/rand-paul-assures-evangelicals-that-he-d ), many people have defended Senator Paul, saying, “He was speaking before the most socially conservative audience in the country. What do you want him to do? Tell them that the government has no business legislating morality? Tell them that […]