Money and BanksMoney and Banking
Since real savings enable the production of capital goods, obviously real savings are at the heart of the economic growth that raises people's living standards.
Entrepreneurial action provides the fuel for the constant mining of consumer value. If entrepreneurs cease acting in this way, consumers will cease to see innovation and growing value in the marketplace.
“Economic power,” then, is simply the right under freedom to refuse to make an exchange. Every man has this power. Political power, on the other hand, is something very different.
Bureaucracy and Regulation
Government anti-trust policy often results in destroying cost-saving measures adopted by larger firms, thus driving up prices for ordinary consumers.
Philosophy and Methodology
If governments do anything more than protect property rights, then they're too big.
If we compare the federal government's debt load to its income (i.e., tax receipts) the debt load is bigger than its ever been.
Austrian Economics OverviewInterventionism