E-Book Content
MAKING ECONOMIC SENSE Murray N. Rothbard
Copyright © 1995 by the Ludwig von Mises Institute. Online publication prepared by William Harshbarger. Cover by Chad Parish.
Table of Contents Preface Llewellyn H. Rockwell,Jr……………………………………….. MAKING ECONOMIC SENSE Is It the “Economy, Stupid?…………………………………….. Ten Great Economic Myths…………………………………….. Discussing the “ Issues”………………………………………… Creative Economic Semantics…………………………………... Chaos Theory: Destroying Mathematical Economics From Within?………………………………………………………. Statistics: Destroyed From Within?…………………………….. The Consequences of Human Action: Intended or Unintended?……………………………………. The Interest Rate Question……………………………………… Are Savings Too Low?………………………………………….. A Walk on the Supply Side……………………………………... Keynesian Myths………………………………………………... Keynesianism Redux……………………………………………. THE SOCIALISM OF WELFARE Economic Incentives and Welfare………………………………. Welfare as We Don’t Know It…………………………………... The Infant Mortality “Crisis”…………………………………… The Homeless and the Hungry………………………………….. Rioting for Rage, Fun, and Profit……………………………….. The Social Security Swindle……………………………………. Roots of the Insurance Crisis……………………………………. Government Medical “Insurance”………………………………. The Neocon Welfare State……………………………………… By Their Fruits………………………………………………….. The Politics of Famine………………………………………….. Government vs. Natural Resources……………………………... Environmentalists Clobber Texas………………………………. Government and Hurricane Hugo: A Deadly Combination………………………………………
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9 12 22 26 28 30 32 34 37 40 42 45
50 52 54 57 59 62 65 67 70 74 76 78 80 83
4 Murray N. Rothbard: Making Economic Sense The Water Is Not Running……………………………………….
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POLITICS AS ECONOMIC VIOLENCE Rethinking the ‘80s……………………………………………... Bush and Dukakis: Ideologically Inseparable…………………... Perot, The Constitution, and Direct Democracy………………... The Flag Flap………………………………