Prolonged Inflation Never 'stimulates' The Economy. On

It Is Often Sadly Remarked That The Bad Economists Present Their Errors To The Public Better Than The Good Economists Present Their Truths. It Is Often Complained That Demagogues Can Be More Plausible In Putting Forward Economic Nonsense From The Platform Than The Honest Men Who Try To Show What Is Wrong With It.

Economics Is Haunted By More Fallacies Than Any Other Study Known To Man

..either Immediately Or Ultimately Every Dollar Of Government Spending Must Be Raised Through A Dollar Of Taxation. Once We Look At The Matter. In This Way, The Supposed Miracles Of Government Spending Will Appear In Another Light.

Arbitrary Government Power Is Being Multiplied Daily By The Now Practically Unchallenged Assumption That Wherever There Is Any Problem Of Any Kind To Be Solved, Government Is The Agency To Step In And Solve It.

Bureaucrats Denounce Private Enterprise For The Consequences Of Their Own Reckless Policies And Demand Still More Governmental Controls.