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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label immoral laws. Show all posts

Thursday, February 21, 2013

The War on Coins

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Since minting coins have become more expensive and costs taxpayers more, governments are beginning to have second thoughts about issuing th...

Thursday, January 03, 2013

Quote of the Day: Price controls Create a Population of Liars

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Economists are trained in theory, statistics, modeling, and other skills. Historians are trained in the careful scrutiny and interpretatio...

Wednesday, October 03, 2012

Gary North on How to Gum Up Any Institutions

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Well if governments can make a mess of society through immoral statutes and regulations, people can reciprocate by goofing up the system t...

Wednesday, September 26, 2012

Quote of the Day: Overrated Sincerity, Incorruptibly Evil

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Another reason when corruption seems a better option… As far as I know, Robespierre, Lenin, Stalin, Mao, and Pol Pot were indeed unusua...

Wednesday, May 16, 2012

Philippines Moves to Ban Coin Collection

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The Philippine government has expanded her version of financial repression Using flimsy scapegoats, a bill has been filed to criminalize c...

Quote of the Day: Should We Obey Immoral Laws?

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Moral people can't rely solely on the courts to establish what's right or wrong. Slavery is immoral; therefore, any laws that sup...

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