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Does Cutting Government Spending Risk a Recession? |
Paul F. Cwik |
Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads to recessions. Economic experience, however, shows us this is a false theory, something Austrian economists have known for a long time. |
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Why Do We Live in a Two-Faced World? |
George Ford Smith |
In normal human affairs, actions like lying, theft, and murder are considered to be immoral and anti-social. However, people are quick to accept those same behaviors from government agents and they will even defend such actions as “necessary” for the “good of society.” |
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