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The Decline and Fall of the Roman Denarius

Monday, February 27th, 2012 by posted in Banking, Capitalism, Economics, History, Politics.
Fall of Rome

History repeats itself, so the scholars say.  But according to Mark Twain it just rhymes.  Literary quips and hair-splitting aside, I’ve found that one of the most valuable things anyone can do to advance their knowledge and understanding of the


The Culture of Violence in the American West: Myth versus Reality

Friday, February 24th, 2012 by posted in History, Law, Politics.
The Wild West

[Originally published in The Independent Review, Volume 12, Number 2, Fall 2010] The Not-So-Wild, Wild West In a thorough review of the “West was violent” literature, Bruce Benson (1998) discovered that many historians simply assume that violence was pervasive—even more


Responsibility and Initiative in Communal Concerns

Friday, February 17th, 2012 by posted in Economics, Politics, Socialism.

[The following chapter is an excerpt from Ludwig von Mises’ Economic Calculation in the Socialist Commonwealth. Buy it here.] The problem of responsibility and initiative in socialist enterprises is closely connected with that of economic calculation. It is now universally


Mises and Free Love

Thursday, February 16th, 2012 by posted in Capitalism, Philosophy, Politics.

Quite a Valentine’s Day-esque controversy has erupted over Mises’ stance toward birth control and feminism over the past week.  The affair began when Mike Konczal of the Roosevelt Institute, writing under the pseudonym rortybomb, took libertarians to task by pointing


Deliver Us From “Student Government”

Wednesday, February 15th, 2012 by posted in Education, Lifestyle, Politics.

[Posted on mises.org, Wednesday, July 14th, 2004] Colleges offer their students a taste of reality by simulating the political atmosphere of society with the presence of student government associations (SGAs). The election process alone succeeds in mimicking the cutthroat environment

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How Sound is Canada’s Fiscal House?

Monday, February 13th, 2012 by posted in Economics, Politics.

Finance Minister Jim Flaherty recently urged European finance leaders to get their fiscal houses in order. A lack of fiscal constraint in Europe is breeding problems in far-off places. Canada in particular is apparently exposed to Europe’s debt crisis, if

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Greece Police Ready to Arrest IMF Officials?

Saturday, February 11th, 2012 by posted in Politics.

What happens when two groups used to having the guns of government as their backing start disagreeing?  From Reuters: (Reuters) – Greece’s largest police union has threatened to issue arrest warrants for officials from the country’s European Union and International


Are Libertarians “Anarchists”?

Wednesday, February 8th, 2012 by posted in Philosophy, Politics.

[This article was written in the mid-1950s under the byline “Aubrey Herbert,” a pseudonym Rothbard used in the periodical Faith and Freedom. It was never published. Originally posted on Mises.org] The libertarian who is happily engaged expounding his political philosophy


Socialism in Sports vs The Economy

Monday, February 6th, 2012 by posted in Capitalism, Economics, Politics, Socialism.

The following video was shared with me, either in the hopes of convincing me Socialism is good or as a joke, by someone who believes in socialist ideas. Although it may have been shared only in jest, it is very


There’s No Such Things as a Stable State

Monday, February 6th, 2012 by posted in History, Politics, Socialism.

Twenty years ago, and much to the shock of just about everyone, the mighty Soviet Union, the very embodiment of Hegel’s view of the state as the divine on Earth, dissolved and disappeared. The malicious foe of the U.S., the

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Education grants not loans!

Friday, February 3rd, 2012 by posted in Education, Politics.

Ever heard that one before? Sounds great, doesn’t it? In this, my first blog, I will argue how both grants and loans are to the detriment of the aspiring student – and most importantly, to the poor and the lower

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Worship of the Mob

Friday, February 3rd, 2012 by posted in Philosophy, Politics.
economic injustice protestors

[Originally posted on mises.org, January 30th, 2012] Several months ago, I was visiting some friends in Sydney and was invited to the house of a friend-of-a-friend for some late night drinks and a chat. My host and his friends were left-wing

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The History of Freedom

Wednesday, February 1st, 2012 by posted in Civil Liberties, History, Law, Politics.

As I’m usually doing these days, I was listening to a CD from the LIFE Freedom Pack called ‘History of Freedom’ by Orrin Woodward and Chris Brady. These are two gentlemen who have studied so much history, and understand what it means to be free.

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The Triumph of Hope Over Experience: Why Government Failure Should Be No Surprise

Monday, January 30th, 2012 by posted in Capitalism, Economics, Politics, Regulation, Socialism.
Government Failure

[Originally published in Le Quebecois Libre, August 15th, 2011, No 291] On the morning of Sunday, July 31, Montrealers awoke to a depressingly familiar scene: the city’s infrastructure crashing to the ground. This time, it was a 15-meter concrete slab

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War, Peace, and the State

Friday, January 27th, 2012 by posted in Foreign Policy, Philosophy, Politics.
War Peace

[“War, Peace, and the State.” The Standard, April 1963, pp. 2-5; 15-16, and Egalitarianism as a Revolt Against Nature and Other Essays, R.A. Child, Jr., Ed., Washington: Libertarian Review Press, 1974; 2nd edition, Auburn, Alabama: Mises Institute, 2000, pp. 115-132.

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Capitalism or Money in Crisis?

Monday, January 23rd, 2012 by posted in Capitalism, Politics, Socialism.
The Real Crisis

When the Financial Times started its series on “Capitalism in Crisis,” I winced. Here we go yet again, an attempt to blame private enterprise for what are actually the failures of the state and paper money. And some writers — but

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The 3 Ways to Spend Money

Thursday, January 19th, 2012 by posted in Economics, Politics.

During my study of Austrian Economics, it has become very clear how government spending is bad economics. However, when I engaged in conversation with someone on the issue, it has always been difficult to have them understand the rational behind the school when

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Liberalism vs. Fascism

Thursday, January 19th, 2012 by posted in Capitalism, Foreign Policy, Philosophy, Politics.
Economics of Fascism

Fascism differs from its close cousins, Communism and aristocratic conservatism, in several important ways. To understand these differences is to see how classical liberalism offers a completely different view of social and economic organization, a perspective that departs radically from

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The Gilded Age: A Modest Revision

Tuesday, January 17th, 2012 by posted in Capitalism, Economics, History, Politics, Regulation.
Gilded Age

[Originally published in The Freeman, Volume 61, Issue 8, October 2011] Mark Twain named the decades after 1865 the “Gilded Age,” and Progressive historian Vernon Louis Parrington sketched them in some detail in 1927. For Parrington (Main Currents in American Thought, volume

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Fifty Six Reasons for Libertarians to Oppose the Keystone XL Pipeline

Sunday, January 15th, 2012 by posted in Capitalism, Politics.

By its own count, the company currently has 34 eminent domain actions against landowners in Texas and an additional 22 in South Dakota. http://www.nytimes.com/2011/10/18/us/transcanada-in-eminent-domain-fight-over-pipeline.html?pagewanted=all Someone recently showed me a link to this video. As is said around half a minute

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