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I personally veiw Minarchists as mini-statists.
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What about substitutes? If I intend to be aggressive and you ban hammers I'll just bash your head in with the bust of Bach on the mantle (or a toaster, or the ceramic dog dish, or a bowling trophy, etc...). Preventing me and any other willing person from engaging in trade or attempting to criminalize ownership of anything by using laws based on
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Forgive the simplicity of my question (I am a layperson in Economics) but would this inflexibility help explain the desire to fix prices, such as under FDR? It would seem that government-mandated inflexibility would help promote a Keynesian position.
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As off-topic as it might sound a great book is "The Making of the Roman Army". Because the military mirriored both the social and political climate of Rome itself I found it to be very informative not only with respect to the army itself but also in those areas that interest you specifically. I honestly picked it up strictly to learn about
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I'm not following the logic either. Production did not increase but the money supply did, more dollars chasing the same amount of goods. Further, as the value of the money left in the pockets of those furthest from the printing press decreases they have even less purchasing power than before. Not a great recipe for anticipating either investment
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A third option exists, one which has caused a huge shift away from NEA-dominated public schools here in Michigan and that is the Charter School. Charter schools, particularly those based in traditionally strong Union areas, are thriving and expanding while public schools continue to cut back as enrollment declines. The beauty of this third option lies