Who wouldn’t want to be rich and who wouldn’t want us all to be rich equally? These are the old, well-known demands of left-wing political parties. It’s like a marvelous music for many ears. However, the forced realization of wellbeing and equality never turn out well. Why?
The law should protect us from the will of the rulers, arbitrary decisions of the elected or non-elected politicians, any of us acting in an anti-social way, as well as any wrongdoing. Classical liberals are simply striving for a lawful society.
The 20th century could be referred to as the century of inflation. Monstrous inflation took place in many countries, such as hyperinflation in Germany in the 1920s, in Hungary after World War II, or in Zimbabwe and Venezuela in the recent past.
