Only a radical plan will avert economic disaster. This afternoon, Congressman Ron Paul released his “Plan to Restore America,” which would cut $1 trillion in spending during the first year of the Paul administration. The plan “eliminat[es] five cabinet departments (Energy, HUD, Commerce, Interior, and Education), abolish[es] the Transportation Security Administration and ... MOREEmily Schultheise: Ron Paul Announces Economic Plan
Only a radical plan will avert economic disaster. This afternoon, Congressman Ron Paul released his “Plan to Restore America,” which would cut $1 trillion in spending during the first year of the Paul administration. The plan “eliminat[es] five cabinet departments (Energy, HUD, Commerce, Interior, and Education), abolish[es] the Transportation Security Administration and ... MOREDestroying Value Is What Government Does Best
by Sheldon Richman. In Cleveland and other American cities homes are being demolished because five years after the housing bust there is nothing better to do with them. Therein lies a lesson in Austrian business cycle theory. In a world of uncertainty, waste — the destruction of value — is inevitable. Human action, which aims to replace inferior ... MORE
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