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
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 […]
On Latin American Politics and Ending the War on Drugs
Posted on Author Lysander
The second half of this video addresses the benefits of legalizing drugs on the violence in Latin America. The point that prohibition only tends towards more violence created by a fight for market share by the various underground organizations in the black market is certainly a legitimate point that should be enough to convince any […]
A New Health Care Mandate?
Posted on Author Lysander
“While the law outlined a framework for the CLASS Act,” Health and Human Services Secretary Kathleen Sebelius told members of Congress in February, “we determined pretty quickly that it would not meet the requirement that the act be self-sustaining and not rely on taxpayer assistance.” Whoops! Looks like the Obama regime will be forcing everyone […]