individualism for the masses
BK Marcus is an amateur political economist with no formal education in the subject.
He works from Charlottesville, Virginia, as an editorial consultant for the Ludwig von Mises Institute.
He is no longer a house husband, nor a faculty spouse, but he is still a dilettante, and a layabout, at least in spirit.
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"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
Ludwig von Mises: "Capital does not reproduce itself." - Socialism
It would be instructive to see how many banks would survive if the massive governmental props were finally taken away.
Murray N. Rothbard,
Making Economic Sense,
Chapter 79:
Anatomy Of The Bank Run
Benjamin Tucker Marcus
April 10, 2008