Businessmen or manufacturers can either be genuine free enterprisers or statists; they can either make their way on the free market or seek special government favors and privileges. They choose according to their individual preferences and values. But bankers are inherently inclined toward statism.The foundation of rent-seeking in America today.
Monday, October 17, 2011
Wall Street, Banks, and American Foreign Policy
Due to popular demand, we re-publish this link to Murray Rothbard's excellent monograph and Wall Street, the banks, and American foreign policy. If you haven't read it, give yourself an education: