Government planning not only fails; it tends to produce outcomes that are the opposite of what its proponents say that they favor. The only stable and productive social system is one that embraces human liberty in its totality, and defends the market economy, private property, sound money, and peaceful international relations, while opposing government intervention as economically and socially destructive.
Llewellyn RockwellCapitalism, and capitalism alone, has rescued the human race from degrading poverty, rampant sickness and early death.
Llewellyn RockwellAmerican federalism was the embodiment of political tolerance and decentralization - the expression of the liberal conviction that society can manage itself and needs no central plan.
Llewellyn RockwellRepeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.
Llewellyn Rockwell