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Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...
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I understand the need for sound money. That hit me as clear as a punch on the nose, so there’s no need to go into that at all. What I want to do is understand why carefully targeted ‘stimulus spending’ is necessarily bad, both under a gold standard and under fiat money. I’m going...
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Inquiry & Analysis. I am interested in a discussion of the foundations of the Austrian view- as the participants of this forum understand them. I have been reading in this area and I have a lot of material at my disposal; so I am not seeking links or suggested reading; I have fundamental questions...
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The intuitive idea that appeals to socialists is that Capitalism wastes resources because it creates useless products for the comfort and satisfaction of petty wants for those who have money while there are people in the streets who do not even get their basic needs satisfied. So therefore, the government...