Rechtsstaat

"Man is free if he needs to obey no person but solely the laws." - Immanuel Kant
Oh Ron Swanson - Imgur

Oh Ron Swanson - Imgur

Socialism, that is, full government control of all economic activities, is impracticable because a socialist community would lack the indispensable intellectual instrument of economic planning and design: economic calculation.

—Lugwig Von Mises - Bureaucracy 

"…the sequester, cuts of $1.2 trillion to various parts of the federal budget over the next ten years..” (cuts off*)
Why the long faces?

"…the sequester, cuts of $1.2 trillion to various parts of the federal budget over the next ten years..” (cuts off*)

Why the long faces?

The Big Mac Index
Pretty cool illustration of how currency exchange rates work.

The Big Mac Index

Pretty cool illustration of how currency exchange rates work.

When the laws and principles which government established are no longer valued by those in power you will witness tyranny rise from the ashes.

When the laws and principles which government established are no longer valued by those in power you will witness tyranny rise from the ashes.

Can't Stop, Won't Stop... Keeping Spending Money.

American political thought is consumed with the idea of protecting the middle class… What are we protecting them from, vultures?

A “healthly middle class”, if it were to ever be defined, is the result of a good economy… Not the cause for it. Simply put, when people are allowed to pursue their dreams and personal financial goals, the majority of people end up within a median income bracket known as the middle class…

The middle class is not a race of people, it is normal distribution curve at work.

(I’m still mad at WSJ for the damn pay wall…)

Economics at its finest 

Economics at its finest 

Though we may sometimes be forced to choose between different evils, they remain evils.

—F.A. Hayek (Road to Serfdom)

We have seen before how the separation of economic and political aims is an essential guaranty of individual freedom…

—F.A. Hayek (Road to Serfdom)