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My letter to the Financial Times, London re: The FT sides with counterfeiters and confiscators

Friday, August 28th, 2015 by posted in Banking, Civil Liberties, Law, Regulation.

Re: The case for retiring another barbarous relic Dear Sirs: I was appalled at your supposed “case” for eliminating cash, which you yourselves describe as the peoples’ “go-to safe asset”. And what IS your case? One, “cash…limits the central banks’

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My letter to The Times, London re: Legal tender laws protect unsound money

Thursday, August 20th, 2015 by posted in Economics, Law, Politics, Regulation.

Dear Sirs: I will not take the time required to refute point-by-point Mr. Ed Conway’s latest attack upon a gold-backed currency. It is obvious that he is completely ignorant of monetary theory and history. Rather, I will ask Mr. Conway

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The Man Who Almost Stopped Julius Caesar

Wednesday, August 19th, 2015 by posted in History, Politics, Regulation.
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Reprinted from the Freeman In the estimations of many historians, two men hold the honor as the most notable defenders of the Roman Republic. Marcus Tullius Cicero was one. Marcus Porcius Cato, or “Cato the Younger,” was the other. Since

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The Market and the State

Thursday, August 13th, 2015 by posted in Economics, Politics, Regulation.
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Originally published in German in 1968. Reprinted from Mises.org For every species of animals and plants the means of subsistence are limited. Hence every living being’s vital interests are implacably opposed to those of all members of its own species.

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Oh, the horror of cheaper Chinese goods!

Wednesday, August 12th, 2015 by posted in Economics, Politics, Regulation, Socialism, Trade.

Re: Cheaper Chinese Currency Has Global Impact China’s money dictators have decided to put all Chinese exports on sale, allowing people in foreign countries to buy more Chinese goods for the same amount of local currency or invest in any

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Orwell’s Big Brother: Merely Fiction?

Thursday, August 6th, 2015 by posted in History, Philosophy, Politics, Regulation.
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[Rothbard’s review of George Orwell’s Nineteen Eight-Four (Harcourt, 1949) appeared in Analysis, September 1949, p. 4] In recent years, many writers have given us their vision of the coming collectivist future. At the turn of the century, neither Edward Bellamy

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5 Unintended Consequences of Regulation and Government Meddling

Wednesday, July 29th, 2015 by posted in Economics, Politics, Regulation.
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Reprinted from the Freeman Voters frequently support measures that sound noble and beneficial but end up causing serious mischief — and often hurt the very groups the measures were intended to help. A well-known example is price controls, which include

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The Parenthood Market

Friday, July 24th, 2015 by posted in Civil Liberties, Economics, Regulation.
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Reprinted from the Freeman Economist Abigail Hall is under fire for her defense of selling babies. A research fellow with the Independent Institute, Hall makes a case for deregulating the adoption market in a post for the institute’s website, provocatively

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My Advice for Greece

Monday, July 6th, 2015 by posted in Capitalism, Economics, Law, Politics, Regulation, Trade.

  Leave both the European Union (EU) and the European Monetary Union (EMU). These are very flawed institutions. In his prescient book Tragedy of the Euro, Professor Philip Bagus uses the term “misconstructed”, which I think is very descriptive of

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UberPop: une “Pétition des fabricants de chandelles” version 2015

Thursday, June 25th, 2015 by posted in Economics, Politique, Regulation, Socialism, Uncategorized.

Avec tout le saccage que les conducteurs de Taxi furieux contre Uber Pop ont causé aujourd’hui à Paris. Rien ne vaut la célèbre satire du protectionnisme de Frédéric Bastiat pour nous remémoré l’absurdité de cette politique. Alors sans plus tarder,

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What Bastiat Had to Say about Police Abuse

Wednesday, June 24th, 2015 by posted in Civil Liberties, Regulation.
Police-Brutality-teaser

[Reprinted from the Freeman] When it comes to being employed by the government, membership has its privileges. How far do these privileges extend? It’s a question that is central to political philosophy. It is most poignantly addressed by one of

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The Dutch West India Company

Tuesday, June 23rd, 2015 by posted in Economics, History, Regulation.
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[This article is excerpted from Conceived in Liberty. Reprinted from Mises.org] The Dutch West India Company began operations in 1623, and in the same year the first party of permanent Dutch settlers landed in the New World — apart from

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Millions in Brazil Follow a Teen Leader to Freedom

Thursday, June 18th, 2015 by posted in Capitalism, Economics, Politics, Regulation.
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Reprinted from the Freeman “I like a little rebellion now and then,” Thomas Jefferson famously wrote. The primary author of the Declaration of Independence and America’s third president regarded rebellion as “like a storm in the atmosphere.” It clears the

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The Principles of Liberalism in 17th-Century England

Monday, June 15th, 2015 by posted in History, Politics, Regulation.
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[Conceived in Liberty (1975)] Reprinted from Mises.org At the beginning of the 17th century, virtually all of England’s export trade consisted of unfinished woolen cloths, which were sent to the Netherlands for finishing and dyeing and to be reexported to the

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In Defense of Private Property: Mises and Aristotle

Friday, June 12th, 2015 by posted in Philosophy, Regulation.
mises teaser

Reprinted from the Freeman I’ve just reacquainted myself with two seminal texts: Aristotle’s Politics and Ludwig von Mises’s Socialism. Though written nearly two and a half millennia apart, it’s remarkable how these two gigantically important treatises parallel each other. They

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“Paid Family Leave” Is a Great Way to Hurt Women

Wednesday, June 10th, 2015 by posted in Economics, Regulation.
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Reprinted from the Freeman In an article in the New Republic, Lauren Sandler argues that it’s about time the United States join the ranks of all other industrialized nations and provide legally guaranteed paid leave for pregnancy or illness. Her

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The Righteous Bosses of the New Deal

Tuesday, June 9th, 2015 by posted in History, Regulation.
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[The Roosevelt Myth (1948)] Reprinted from Mises.org There never has been in American politics a religion so expansively and luminously righteous as the New Deal. From the beginning to the end it was constant in one heroic enterprise — war

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The Man Behind the Hong Kong Miracle

Monday, June 8th, 2015 by posted in Capitalism, Economics, Regulation.
hong-kong-teaser

Reprinted from the Freeman Three cheers for Hong Kong, that tiny chunk of Southeast Asian rock. For the twentieth consecutive year, the Index of Economic Freedom—compiled by The Wall Street Journal and the Heritage Foundation—ranks Hong Kong (HK) as the

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My letter to the Financial Times, London re: Do bank regulations actually work?

Friday, May 29th, 2015 by posted in Banking, Regulation.

Re: Banks face pushback over surging compliance and regulatory costs Re: ECB warns of risks posed by shadow banking sector Dear Sirs: Nowhere in your excellent article about shareholder concern over whether banks are spending their regulatory compliance money wisely

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My letter to the NY Times re: Why laid off American workers can’t find jobs

Re: The Perils of Globalization Dear Sirs: I believe that Binyamin Appelbaum may have unwittingly answered his own question about why American workers who lose their jobs–as illustrated by the former Maytag employees in Galesburg, Illinois–have such a difficult time

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