“The establishment media and many economists and other social scientists continually bemoan the varying income differences generated by voluntary and ever changing consumer choices on the market. In the U.S., the political class regularly and forcibly extracts a massive amount of income from productive workers, investors, and entrepreneurs via taxation and money creation (‘quantitative easing’ and ‘zero interest-rate policies’) and funnels these stolen funds into its own pockets and those of privileged financial institutions, giant agribusiness corporations, government military contractors, construction unions, etc.”
http://bastiat.mises.org/2013/09/plundering-the-provinces/
Related posts:
As Silk Road 2.0 Pops Up, The Government Needs To Avoid Moral Panic
Another Reason Obamacare Costs Are Headed Through the Roof
Illinois teacher in trouble for advising students about 5th Amendment before drug screening
The United States Plummets to 18th in New Economic Freedom of the World Rankings
Pilot puts aviation career on hold to work on Bitcoin startup
What We Saw at the Lemonade & Raw Milk Freedom Day
White House To Ignore Court Ruling, Keep Issuing Obamacare Subsidies
SpaceX rocket blasts off only to return to its launch pad — without exploding
FATCA, Place of Birth in Passports & Second Class Citizenship
Cisco Won't Buy Any US Companies Or Hire Any US Workers Until The Tax Code Is Changed
The moment a female protester is shot by snipers in Egypt
German Family Seeking Asylum to Continue Homeschooling Kids in US Fights Deportation
Speed Cameras Tear Apart Ohio Town
Rapper Lupe Fiasco thrown out of inaugural party after criticizing Obama during performance
Apple may buy 1/3 of world’s gold production to meet iWatch demand
