The Fall Of The Berlin

The Difference Between Me And People Like Murray Rothbard Is That, Though I Want To Know What My Ideal Is, I Think I Also Have To Be Willing To Discuss Changes That Are Less Than Ideal So Long As They Point Me In That Direction.

The Proper Role Of Government Is Exactly What John Stuart Mill Said In The Middle Of The 19th Century In "on Liberty." The Proper Role Of Government Is To Prevent Other People From Harming An Individual. Government, He Said, Never Has Any Right To Interfere With An Individual For That Individual's Own Good.

We Economists Don't Know Much, But We Do Know How To Create A Shortage. If You Want To Create A Shortage Of Tomatoes, For Example, Just Pass A Law That Retailers Can't Sell Tomatoes For More Than Two Cents Per Pound. Instantly You'll Have A Tomato Shortage. It's The Same With Oil Or Gas.

Only Government Can Take Perfectly Good Paper, Cover It With Perfectly Good Ink And Make The Combination Worthless.

It Is My View That What Is Important Is Cutting Government Spending, However Spending Is Financed. A So-called Deficit Is A Disguised And Hidden Form Of Taxation. The Real Burden On The Public Is What Government Spends (and Mandates Others To Spend). As I Have Said Repeatedly, I Would Rather Have Government Spend One Trillion Dollars With A Deficit Of A Half A Trillion Than Have Government Spend Two Trillion Dollars With No Deficit.