Tag Archives: intervention

Socializing Your Retirement More

Democrats in the house are now talking about socializing 401(k) plans.  The plan that is being put forward would stop tax breaks on your 401(k) and would begin “redirecting those tax breaks to a new system of guaranteed retirement accounts to which all workers would be obliged to contribute.” I assume these guaranteed retirement [...]

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Joe the Plumber (Outlaw)

Lew Rockwell has written a new article, Joe the Outlaw.  He points out that in the current presidential campaign:
one interesting point has emerged: the archetype chosen to represent mainstream America turns out to be a thorough-going outlaw in the best sense of that term. In this, he is a symbol of the age. We can [...]

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Intervention is the Problem

Economics in One Lesson is an excellent book by Henry Hazlitt that attempts to help people to correctly think through any economic situation. The one lesson is reduced to a single sentence on page 5 of the Mises edition:
The art of economics consists in looking not merely at the immediate but at the longer effects [...]

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The Cause of Economic Ups and Downs

The current economic crises involving Fannie Mae, Freddie Mac, AIG, and the government has caused a host of activity by the federal reserve and the treasury.  Most people are looking to the government to solve the problem.  If only the government would step in to “save” us from the evils of capitalism.  We are led [...]

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