All Posts Tagged With: "government bonds"
Bondholders and Victims
Victims of the State have a stronger claim to resources in its possession than those who freely speculated in and hoped to profit from its power.
22Jul2011 | Sheldon Richman | 19 comments | ContinuedGreece: The Canary in the U.S. Coal Mine?
With everything that was going on in the U.S. economy this past winter, the beginnings of the crisis facing the Greek economy were certainly easy to miss. As that crisis has now come to full flower, American observers overlook it at their peril: Greece’s problems, and those of other European countries, might well represent a [...]
29Jun2010 | Steven Horwitz | 13 comments | ContinuedExit Strategies
As noted in the movie War Games, sometimes the only way to win a game is not to play. And sometimes the best exit strategy is not to enter in the first place.
3Dec2009 | Steven Horwitz | 2 comments | ContinuedWelfare for the Rich
Advocates of the free market—including those considered “right-wing” and “conservative”—believe it is wrong to violate property rights. Consequently, they oppose egalitarian measures to steal from the rich and give to the poor. Such “income redistribution” represents naked theft and epitomizes the Founding Fathers’ fears of unfettered democracy. At the same time, champions of laissez faire [...]
1Apr2007 | Robert P. Murphy | 10 comments | Continued-
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