(original version in Italian: http://www.movimentolibertario.com/2014/10/einstein-il-socialismo-e-la-relativita-dellintelligenza/ – translation by author) The fact that socialism, in every single one of its expressions (“right”, “left”, “no-global”, incoherently pro-market, etc.), is linked to an objective and specific deficiency of intellectual ability, is well known
Mario Draghi, in one of his latest speeches, prodded governments to ease austerity to spur aggregate demand (an oxymoron). The IMF director, Christine Lagarde, recently urged the ECB to continue its easy monetary policy until aggregate demand picks up. U.S.
Reprinted from Voices of Liberty August 26, 2014 – Ron Paul and Mark Spitznagel are passionate about non-interventionism, free markets, and Austrian economics. In spite of their years, these passions former Congressman Paul and Mr. Spitznagel hold dear are growing in
In the ongoing march of scientism, the flawed worldview that everything in life is ultimately reducible to numbers and equations, researchers have been increasingly interested in attempting to measure people’s happiness in order to determine which economic and social policies
Libertarians tend to agree with each other on most things. We all favor less government regulation, lower taxes, less involvement in international conflicts, and more personal freedom. There are a few areas, however, in which the movement remains sharply divided.
Reprinted from Forbes Had he not passed away at the tender age of 92 in 1973, Ludwig von Mises would have turned 131 years old today. In my humble opinion, he was the greatest social thinker of the twentieth century.
Mainstream economists have long derided the Austrian School as a “cult”. Professor Walter Block recounts stories from Nobelists Gary Becker and James Buchanan off-handedly referring to the cultish Austrians. When pressed by Professor Block, Becker said, “By a cult I
[This article is excerpted from volume 2, chapter 10 of An Austrian Perspective on the History of Economic Thought (1995). An MP3 audio file of this chapter, narrated by Jeff Riggenbach, isavailable for download.] Reprinted from Mises.org Another important reason for Marx’s
[Adapted from Rothbard’s book review of Freedom and the Law by Bruno Leoni. This review first appeared in New Individualist Review , edited by Ralph Raico.] [In his book Freedom and the Law,] Professor [Bruno] Leoni’s major thesis is that even the staunchest free-market economists