The "experts" solemnly tell us that deflation is even worse than inflation, and that deflation always will lead an economy into recession. The truth turns such "wisdom" upside down.
To no one's surprise, governments that interfere with their economies at every turn are at war with each other. Perhaps there is another path to peace.
Here is Robert LeFevre's classic argument for a purely free society, the essay that made him a leading, if controversial, spokesman for the libertarian position on government and society.