Mises Wire

Simple: Government should completely control supply and demand

Simple: Government should completely control supply and demand

The NYT offers a solution to the drug problem in the U.S. but it is out of fantasy land: "The federal government needs to do more to slow the flow of money and guns that finance and arm the cartels in Mexico and Central America. There is little hope of ever defeating the traffickers abroad if the government isn't doing enough to reduce demand at home."

Now that is punditry as if reality doesn't matter at all. It brings to mind a thought by Benjamin Tucker: "Some people don't know why the thousands of officeholders who are pulling away at the public teats are getting fat while the people are getting poorer.... It is very unfortunate that such people are entrusted with the editing of newspapers."

All Rights Reserved ©
Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute