Tag: Philosophical theories

1129: Spike Cohen – Libertarianism is Not Fringe

W1129: Spike Cohen – Liberty is Not Fringe
To those who say Libertarianism is a fringe ideology: There is nothing fringe about wanting control over your own lives and money. —Spike Cohen
To those who say Libertarianism is a fringe ideology: There is nothing fringe about wanting control over your own lives and money. —Spike CohenDownload Print Quality (3840×2010) 4.82MB  |  Normal Quality (1920×1005) 228KB
To those who say Libertarianism is a fringe ideology: There is nothing fringe about wanting control over your own lives and money. —Spike CohenDownload Print Quality (3840×2744) 7.08MB  |  Normal Quality (1920×1372) 308KB

To those who say Libertarianism is a fringe ideology: There is nothing fringe about wanting control over your own lives and money. —Spike Cohen

1030: Henry Hazlitt – Predicted 2008 Housing Collapse

F1030: Henry Hazlitt - 2008 Housing Collapse
Government-guaranteed home mortgages, especially when a negligible down payment or no down payment whatever is required, inevitably mean more bad loans than otherwise. They force the general taxpayer to subsidize the bad risks and to defray the losses. They encourage people to buy houses that they cannot really afford. They tend eventually to bring about an over-supply of houses. They temporarily over stimulate building, raise the cost of building for everybody. May mislead the building industry into an eventually over expansion. In brief, in the long run they do not increase overall national production but encourage malinvestment. —Henry Hazlitt
Government-guaranteed home mortgages, especially when a negligible down payment or no down payment whatever is required, inevitably mean more bad loans than otherwise. They force the general taxpayer to subsidize the bad risks and to defray the losses. They encourage people to buy houses that they cannot really afford. They tend eventually to bring about an over-supply of houses. They temporarily over stimulate building, raise the cost of building for everybody. May mislead the building industry into an eventually over expansion. In brief, in the long run they do not increase overall national production but encourage malinvestment. —Henry Hazlitt

1026: Henry Hazlitt – Government Spending Destroys Jobs

F1026: Henry Hazlitt - Government Spending
For every dollar that the government spends on public works one less dollar was spent by the taxpayers to meet their own wants and for every public job created one private job was destroyed. —Henry Hazlitt
For every dollar that the government spends on public works one less dollar was spent by the taxpayers to meet their own wants and for every public job created one private job was destroyed. —Henry Hazlitt