Financial MarketsMonetary Theory
Works Published inMises Daily Article
Gary M. Galles is a professor of economics at Pepperdine University. He is the author of The Apostle of Peace: The Radical Mind of Leonard Read.
Taxes and Spending
If Social Security was efficient, equitable, reliable and sustainable, defending the status quo might be sensible. But it is none of those things.
Friedrich Hayek’s The Road to Serfdom reached its 75th anniversary this year, and there is no shortage of qutable insights we can glean from its pages.
Bureaucracy and Regulation
Los Angeles city bureaucrats want fewer cars on the streets. Unfortunately, their plans have side effects which endanger human life and safety.
Big GovernmentBureaucracy and RegulationInterventionism
Social Security acts as a sort of "reverse insurance," doling out money now, leaving less for the future.