Be that as it may, of one thing I am sure—von Mises would be horrified at the size of the most recent federal budget deficits. 
In failing to intelligently analyze particular conditions, we have convinced ourselves that without immediate action from Washington, the sky will indeed fall. What’s going on? is not a question to ask anyone in Washington these days because if you’re confused, your confusion is minimal compared to that down on the Potomac. With such in mind let me examine a few generally accepted assumptions held today in Washington, discuss their implications, and then offer some alternatives. First is […]
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