“Acknowledging that they had greatly underestimated the problems plaguing the nation’s banks, federal officials on Tuesday proposed a $45 billion plan financed by the industry to rescue the ailing insurance fund that protects bank depositors.” (New York Times, Wednesday)
Government deposit insurance is a most insidious form of intervention.
FEE Timely Classic
“Privatize Deposit Insurance” by Jeffrey Rogers Hummel
My article “Patent Nonsense,” which makes the libertarian case against “intellectual property,” was published and posted by The American Conservative magazine. ... Go to blog
The system that most immediately threatens individual liberty is corporatism. ... Go to blog
The next time anyone starts talking about job creation, stop listening. Jobs come into existence when entrepreneurs are free to ... Go to blog
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