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The government's coercive taxing power necessarily creates two classes: those who create and those who consume the wealth expropriated and transferred by that power.
Sheldon Richman
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Sheldon Richman
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The alternative to the market process is government control, and we know where that principle leads.
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Freedom is never more in peril than when politicians feel the pressure to 'do something.'
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When government 'creates jobs' by taking money from the private sector and 'investing' in favored projects, it is not truly productive activity. Rather, the government has preempted the economic process, forbidding it to serve consumers so that it can instead serve the objectives of politicians and bureaucrats.
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Government spending reduces the capital that could be invested to serve consumers and to produce new employment opportunities.
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No matter how much the government controls the economic system, any problem will be blamed on whatever small zone of freedom that remains.
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The housing and financial crisis could not have occurred in the absence of government housing and monetary policies.
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Today, the people who would use guns to violate rights have little trouble getting them, while those who would use them to defend their rights have increasing trouble getting them. ... Gun control is in effect a subsidy for criminals.
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