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Mises argued that governments were incapable of managing money; central banks inevitably destroy a country's currency, create hyperinflation, and set society on the road to fascism.
This sort of portrayal from companies and advertising agencies only helps to set society's stereotypes in concrete.
At the same time, headline-grabbing tragedies -- the Columbine High School massacre, elementary-school-age rapists -- have set society's teeth on edge.
Hopefully they'll just milk the situation for cash for Northern Ireland rather than trying to set society back 50 years.
The fact is that the onus for solution of many of our social ills and the burden to help set society right has fallen on our schools.
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In some places, such as Mexico and Central America, this has turned a problem of policing into one of national security that becomes a drag on development and deters investment.Special report So near and yet so far Two centuries of hopes and fears It's only natural Efficiency drive The jet set Societies on the move The dark side Democracy, Latino-style A Latin American decade?
Even more galling, over the past four decades many Asian countries have begun to close their income gap with the United States.Special report So near and yet so far Two centuries of hopes and fears It's only natural Efficiency drive The jet set Societies on the move The dark side Democracy, Latino-style A Latin American decade?
Whether these trends can be sustained depends in part on what lessons the politicians draw from the region's relative buoyancy in the recession.Special report So near and yet so far Two centuries of hopes and fears It's only natural Efficiency drive The jet set Societies on the move The dark side Democracy, Latino-style A Latin American decade?
That would have profound implications, for everything from politics to business.Special report So near and yet so far Two centuries of hopes and fears It's only natural Efficiency drive The jet set Societies on the move The dark side Democracy, Latino-style A Latin American decade?
Brazil would never again be governed from Lisbon.Special report So near and yet so far Two centuries of hopes and fears It's only natural Efficiency drive The jet set Societies on the move The dark side Democracy, Latino-style A Latin American decade?
Yet the leaders of the region's main powers have stayed silent about these abuses.Special report So near and yet so far Two centuries of hopes and fears It's only natural Efficiency drive The jet set Societies on the move The dark side Democracy, Latino-style A Latin American decade?
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