05-22-2016, 04:26 AM
(05-22-2016, 03:49 AM)Kinser79 Wrote:(05-22-2016, 03:41 AM)Galen Wrote: The Classical Liberals weren't perfect but they are vastly superior to what is called liberal now.
It is interesting you bring up Classical Liberalism. More and more it seems like I'm being pulled into that direction.
You have been digging around in history enough to see that Classical Liberalism actually worked.
(05-22-2016, 03:49 AM)Kinser79 Wrote: Quite true. It isn't fair trade either. NAFTA, CAFTA and TPP really are signing over economic sovereignty for cheap imported goods.
I completely agree with you on this point.
(05-22-2016, 03:49 AM)Kinser79 Wrote: As for the size of government, I would say it is the federal government that must be smaller. State Governments are limited in their size by more natural means and an inability to run up sovereign debt.
The several states could create money but it would have to gold coin and not paper. This provision of the Constitution exists because of the experience with states trying to print their way out debt which ended badly after the American Revolution. The Constitution is best understood as a free trade and mutual defense pact.
On the whole you are correct about the limitations the state governments would be under.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises