Without market prices for capital goods, accounting is not possible. You don't know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.
Llewellyn RockwellAlways and everywhere, the only serious political issue is what the state should and should not do. All the rest distracts.
Llewellyn RockwellThe laws of economics tell us that the expansion of the central state can't go on forever. Its limit is reached when the looted turn on the looters.
Llewellyn RockwellThe danger to a free society is not the guns owned by the citizens but an unconstrained government.... An armed society is a self-governing society, just as a disarmed people are vulnerable to arbitrary power of every kind.
Llewellyn RockwellNever forget that no government has wealth of its own to spend. The money has to come from taxation, monetary inflation, or debt expansion that must be paid later. And government's spending choices will always be uneconomic relative to how society would use that wealth. That is to say, the money will be wasted.
Llewellyn Rockwell