Capital and Interest TheoryMoney and Banking
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.
Financial markets are neither perfectly efficient, nor animally spirited, but eventually adjusting.
The real money-creating machines are commercial banks. Loan dollars become deposit dollars. Lots of lending means the money aggregates increase. Little lending means the opposite.
Big GovernmentThe EnvironmentSocialism
You don’t make people better off by artificially making energy more expensive. You only make them poorer.
Bureaucracy and RegulationU.S. History
The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.