If The Only Motive Was To Help

Italy May Well Be The Main Problem. It Has Benefited Most From The Euro By Having Been Able To Get The Euro Interest Rate Instead Of What Otherwise Would Have Been Its Own. That Would Be Much Higher Because Italy Has Been Accumulating So Much Debt. In The Past, Italy Has Inflated Away Its Debt. The Virtue Of The Euro Is That Italy Can't Do It Alone. A Tight Ecb Policy Wouldn't Permit That To Happen Again.

Higher Taxes Never Reduce The Deficit. Governments Spend Whatever They Take In And Then Whatever They Can Get Away With.

Positive Economics Is In Principle Independent Of Any Particular Ethical Position Or Normative Judgment...in Short, Positive Economics Is Or Can Be An "objective" Science.

In Response To A Suggestion That Total Free Trade Would End In Cheaper Foreign Products Flooding The Market And Causing Unemployment.

A Society That Aims For Equality Before Liberty Will End Up With Neither Equality Nor Liberty. And A Society That Aims First For Liberty Will Not End Up With Equality, But It Will End Up With A Closer Approach To Equality Than Any Other Kind Of System That Has Ever Been Developed.