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Free Not to Vote

Friday, October 17th, 2014 by posted in Politics.
Vote

The 2014 U.S. midterm elections are coming up, and I don’t intend to vote. A vote is like virginity: you don’t give it away to the first flower-bearing suitor. I haven’t been given a good reason, let alone flowers, to

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An opportunity to educate the public is squandered

Friday, October 10th, 2014 by posted in Banking, Economics, Law, Politics.

From today’s Open Europe news summary: Hans-Werner Sinn: Some countries should be allowed to temporarily leave the euro Open Europe yesterday hosted the launch of Professor Hans-Werner Sinn’s new book, ‘The euro trap: on bursting bubbles, budgets and beliefs’. At

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A Lapse in State Security

Tuesday, October 7th, 2014 by posted in Politics, Regulation, Socialism.
fence_jumper

The recent break-in at the White House by a crazed man has predictably sparked a debate over national security. The intruder, 42-year-old Army veteran Omar Gonzalez, hopped the surrounding fence and breached what is supposed to be the most guarded

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Is the US making the same mistakes as Zimbabwe?

Sunday, October 5th, 2014 by posted in Economics, Politics.

I have started reading a new book about the collapse of the Zimbabwean dollar–When Money Destroys Nations, by Philip Haslam and Russell Lamberti. One of the main causes of the hyperinflation was the decision of the Zimbabwean government to give

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A Strategy for the Right Part 2

Wednesday, October 1st, 2014 by posted in Economics, Politics.
white_house_teaser

Reprinted from Mises.org It is instructive to turn now to a prominent case of right-wing populism headed by a dynamic leader who appeared in the last years of the Original Right, and whose advent, indeed, marked a transition between the

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The Folly of Compulsory Voting

Tuesday, September 30th, 2014 by posted in Politics.
electionscanada

In many ways, Canada has been surpassing the United States as a bastion of freedom in North America, with lower tax rates and an increasing trend towards deregulation of business. While this is all very wise, a recent idea dreamed

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Will an ordinary German citizen challenge the lawless ECB?

Tuesday, September 30th, 2014 by posted in Banking, Economics, Law, Politics.

From today’s Open Europe news summary: German economist Hans-Werner Sinn writes in the FT, “Deflation is not a danger for southern Europe, but an essential precondition for restoring competitiveness.” He describes the ECB’s latest asset purchase plan as “nothing less than

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A Strategy for the Right Part 1

Tuesday, September 30th, 2014 by posted in Philosophy, Politics.
political_rally_teaser

Reprinted from Mises.org What I call the Old Right is suddenly back! The terms “old” and “new” inevitably get confusing, with a new “new” every few years, so let’s call it the “Original” Right, the right wing as it existed

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Is New York City’s Proposed Ban on the Use of Supplemental Nutrition Assistance Program Benefits for Purchases of Sugar-Sweetened Beverages Effective Policy?

Tuesday, September 30th, 2014 by posted in Economics, Politics, Regulation.

In 2011, New York City mayor Michael R. Bloomberg proposed a ban on using Supplemental Nutrition Assistance Program benefits (commonly known as food stamps) for the purchase of sugar-sweetened beverages. While the plan has been criticized by food and beverage

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Is Science Investment Always a Good Thing?

Monday, September 22nd, 2014 by posted in Economics, Politics.
shrimptreadmill

The worship of science is a peculiar feature of our age, especially given the incredibly broad and non-specific nature of the term, and the vast quantitative and qualitative differences in  outcomes from various types of research within the scientific disciplines.

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Secession, Decentralization, and Competition

Monday, September 15th, 2014 by posted in Politics.
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As Scotland prepares to vote on whether or not to secede from the United Kingdom and become an independent country, much of the talk has revolved around specifics – which currency will be used? How will the control over the

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Fiat Lux

Sunday, September 14th, 2014 by posted in Philosophy, Politics.
lux

“Naive trust in the power of words to command reality is found in all mass delusions.” This line was written by Garet Garrett in his 1922 novel and celebration of entrepreneurship, The Driver. It slips by, easily unnoticed in a

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The insanity of majority vote at the ECB

Thursday, September 11th, 2014 by posted in Banking, Economics, Politics.

From today’s Open Europe news summary: The FT reports that the ECB will press ahead with its plans to purchase Asset Backed Securities (ABS) despite both the French and German government rejecting the bank’s calls for them to provide public guarantees to

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Scotland’s goal: Out of the frying pan and into the fire!

Thursday, September 11th, 2014 by posted in Economics, Politics, Regulation, Socialism.

Re: Alex Salmond says Scotland could join the EU in 18 months Why in the world would Scotland want to jump from one socialist union to an even bigger socialist union? Independence from the UK is Scotland’s chance to become the

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Americans Must Choose Non-Intervention for Peace, Prosperity

Thursday, September 11th, 2014 by posted in Economics, Foreign Policy, Philosophy, Politics.
Ron_Paul_WRLC teaser

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

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The Death of Minarchism

Friday, September 5th, 2014 by posted in Civil Liberties, Politics, Regulation.
cops_teas

Reprinted from Liberty.me As incredible as it seems, the bourgeoisie seem to be turning against the police. In the wake of Ferguson, polls say that about half of us don’t trust them. Obviously, blacks remain way ahead of the curve

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Sin City’s Darker Twin

Thursday, September 4th, 2014 by posted in Politics.
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As the camera zooms in on the dried monkey skeletons on display, a scowling vendor angrily waves it away, cursing in Mandarin. “Here, photography is not always welcome” says the narrator. This scene from The Mong Lah Connection took place

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The Cycle of Dependency Can be Broken

Sunday, August 31st, 2014 by posted in Economics, Politics.
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People respond to incentives. We all know this, and it is the basis for a great majority of economic policy decisions. The behavioralist school has increasingly argued in favor of “nudge” policies to induce people to behave as government would

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The Moral Blindness of Government Agents

Friday, August 29th, 2014 by posted in Civil Liberties, Law, Politics, Regulation.
javert teaser

Reprinted from Liberty.me Those of us who have watched the scenes in Ferguson, Missouri, have been stunned at the brutality of the police. Most striking is their presumption that they have total control, that people are mere subjects, that all

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Elizabeth Warren’s 11 Commandments

Thursday, August 28th, 2014 by posted in Capitalism, Economics, Politics.
warren1 teaser

Reprinted from Mises.org In a recent speech of which Politico claims absolutely energized the “Progressive” left, Elizabeth Warren laid out her so-called 11 Commandments of Progressivism. In what follows, I will first give Warren’s “commandment,” and then explain how each so-called commandment cannot

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