Free Republic

How’s this for a depressing passage: “There’s just a lot more regulation going on,” Zelizer said. “There’s a lot of intersection between the economy and Washington.” “There’s just a lot more regulation going on.” My liberal friends, “regulation” is the mother’s milk of the crony capitalist state, the “fascist light” state. Our system of “regulation” is in most regards now just a vehicle for rent seeking. Blindly defending regulations in 2014 because liberals are supposed to be for regulation, is to give power to a vested corporate oligarchy. Am I saying that all regs are bad? No. Am I saying...

In 1944, Ludwig von Mises published one of his least-known masterworks: Omnipotent Government: The Rise of the Total State and Total War. Drawing on his prewar experience in Vienna, watching the rise of the National Socialists in Germany (the Nazis), who would eventually take over his own homeland, he set out to draw parallels between the Russian and German experience with socialism. . . . The difference between the systems, wrote Mises, is that the German pattern "maintains private ownership of the means of production and keeps the appearance of ordinary prices, wages, and markets." But in fact the government...

In 1944, Ludwig von Mises published one of his least-known masterworks: Omnipotent Government: The Rise of the Total State and Total War. Drawing on his prewar experience in Vienna, watching the rise of the national socialists in Germany (the Nazis), who would eventually take over his own homeland, he set out to draw parallels between the Russian and German experience with socialism. It was common in those days, as it is in ours, to identify the Communists as leftist and the Nazis as rightists, as if they stood on opposite ends of the ideological spectrum. But Mises knew differently. They...