We’ve all heard the news over the past week; Members of congress and the worlds largest news organizations have been hammering the claim that “if the debt ceiling isn’t raised, the federal government will go into default and our credit rating will drop, resulting in through-the-roof taxes and economic armageddon throughout the world!”. Is this true or a myth? The answer is: it’s a myth. And its obvious right on it’s face.Read more »
Where people are hungry, it is because of war (Somalia, Ethiopia) or government policies that, in the name of modernization and industrialization, penalize farmers by taxing them at prohibitive rates (e.g., Nigeria, Ghana, Kenya), not because population is exceeding the natural limits of what the world can support.Read more »
A great article hit my inbox from the Mises Daily today. It is about individual sovereignty by Helio Beltrao.
The article at one point uses The Matrix as analogy... that some individuals resist the herd and take the red pill -- waking to the reality that government is myth and that most people are obliviously perpetuating their serfdom by feeding the government beast.
Anyhow, it is a great article. Enjoy!Read more »
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