History

Bastiat the Great

Thursday, July 24th, 2014 by posted in Economics, Education, History.
bastiat-pic teaser

This article originally appeared as the introduction to Bastiat’s Economic Sophisms (FEE, 1962). Reprinted from Mises.org Frédéric Bastiat was born at Bayonne, France, on June 29, 1801. His father was a wholesale merchant, but Frédéric was orphaned at the age of nine and

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The Treaty That Wall Street Wrote

Wednesday, July 16th, 2014 by posted in Banking, Capitalism, History, Politics.
Ship-At-Panama-Canal-1 teaser

[From Inquiry (1977); reprinted in Wall Street, Banks, and American Foreign Policy (1995).] Reprinted from Mises.org The Panama Canal question has already established itself as the hottest political issue for the coming year. Ronald Reagan, who almost rode to the Republican nomination last year on

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The Rebirth of Austrian Economics

Wednesday, July 9th, 2014 by posted in Economics, History, Philosophy.
South_Royalton_Vermont teaser

Reprinted from Liberty.me Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important? Because the economists

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A New Natural Law

Monday, June 23rd, 2014 by posted in History, Law, Philosophy.
naturallaw

I’m often given the opportunity to speak to young interns about liberty and economics. These discussions cover a whole range of topics including anti-trust laws, private police, anti-discrimination legislation, and national defense. On some occasions, I give them Bryan Caplan’s

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The Rise of Capitalism

Thursday, June 19th, 2014 by posted in Capitalism, History.
industrial_revolution teaser

[Liberty & Property (2009)] Reprinted from Mises.org The precapitalistic system of product was restrictive. Its historical basis was military conquest. The victorious kings had given the land to their paladins. These aristocrats were lords in the literal meaning of the word,

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The New Totalitarianism

Thursday, June 12th, 2014 by posted in History, Politics.
Franco-reviewing-troops_1939 teaser

Reprinted from LewRockwell.com Regular readers of LRC are no doubt familiar with the criticisms of Marxism to be found within the classical liberal, traditional conservative and modern libertarian intellectual traditions. However, I come from another tradition that contains within itself those thinkers

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The Levellers and Early Libertarian Thought

Wednesday, June 11th, 2014 by posted in Capitalism, History, Politics.
John-Lilburn-0011 teaser

Reprinted from Mises.org The first-ever libertarians were the Levellers, an English political movement active in the seventeenth century. The Levellers contributed to the elaboration of the methodological and political paradigm of individualism, and they are at the origin of the

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Peter Boettke Interview

Wednesday, March 5th, 2014 by posted in Economics, History, Philosophy.
Opera-Vienna-Austria-2005 teaser

Reprinted from TheBestSchools.org Austrian economics, of course, is the school of thought which holds that the free market is basically self-regulating and that the government’s role should be limited to providing a reliable and predictable legal structure within which all

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Gandhi, a Libertarian Saint?

Friday, November 1st, 2013 by posted in History, Philosophy.
Gandhi_spinning teaser

Can the Jews resist this organised and shameless persecution? Is there a way to preserve their self-respect, and not to feel helpless, neglected and forlorn? I submit there is. No person who has faith in a living God need feel

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40 Years Later: Mises’s Lasting Legacy

Tuesday, October 22nd, 2013 by posted in Economics, History.
MisesReading teaser

Reprinted from Mises.org Each year in early October, the world looks to Sweden and Norway, where the annual Nobel Prize winners are announced in the fields of literature, medicine-physiology, physics, chemistry, and peace-making. The great Swedish entrepreneur, Alfred Nobel did

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The Untold History of Canadian Confederation

Sunday, June 30th, 2013 by posted in Economics, History, Politics.
9780773534056

 “British businessmen played a crucial role in the achievement of Canadian Confederation. Without the support of a small but influential group of investors, Confederation would have not occurred in 1867, if at all.” [1] That is how Andrew Smith begins

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Orderly and Humane?

Wednesday, December 19th, 2012 by posted in History, Socialism, Trade.
World War 2 teaser

Reprinted from Peter Hichen’s Blog at U.K. Mail Online Some time ago I decided to write a book about the damaging and deluded cult of national victory which has done this country so much damage since 1945. No doubt it

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Vindicated by History: Statism’s 19th Century Critics

Tuesday, December 18th, 2012 by posted in Education, History, Law.
19th century America teaser

Reprinted from the Cobden Centre What is the single most important fact about the 20th century? The answer must surely be that it was the century which saw the birth and spread of totalitarian socialism. That is not what most

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HuffPo’s 11 Myths About the Fed, Refuted

Wednesday, October 24th, 2012 by and posted in Economics, History, Regulation.
Federal Reserve symbol teaser

Reprinted from Liberty Classroom The other day the Huffington Post ran an article by a Bonnie Kavoussi called “11 Lies About the Federal Reserve.” And you’ll never guess: these aren’t lies or myths spread in the financial press by Fed

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Canada’s One Month Republic

Monday, August 20th, 2012 by and posted in History.
Canada Republic Flag teaser

Reprinted from the Institute for Liberal Studies Despite our love of a gut-wrenching body-check, Canadians are some­times thought of as nice folks who embody “peace, order, and good government,” happy to have the government as both our nanny and our

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Early Secular Communism

Wednesday, July 4th, 2012 by posted in History.
18th century Paris teaser

[This article is excerpted from An Austrian Perspective on the History of Economic Thought (1995), volume 2, chapter 9: "Roots of Marxism: Messianic Communism," section 2, "Secularized Millennial Communism: Mably and Morelly." Reprinted from Mises.org] During the havoc and upheaval

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Civil War and the American Political Economy

Wednesday, December 21st, 2011 by posted in Capitalism, Economics, History, Law, Politics, Regulation.
Haupt-railroad

  [Originally published in the Freeman, Volume 61, Issue 3, April 2011] The task before us is to assess in largely material terms the political-economic system arising during and after the American Civil War. Ideological issues existed, certainly, but much

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Those Who Control the Past Control the Future

Tuesday, December 6th, 2011 by posted in Capitalism, Economics, History, Law, Politics, Regulation.
Railroad and Regulation

There’s a popular historical legend that goes like this: Once upon a time (for this is how stories of this kind should begin), back in the 19th century, the United States economy was almost completely unregulated and laissez-faire. But then

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Should Libertarians Oppose Wealth Inequality?

Tuesday, November 8th, 2011 by posted in Capitalism, Education, History, Philosophy, Regulation.
O and W

With the Occupy Movements developed in several major American and Canadian cities, the issue of wealth inequality has again come to the attention of many people. The Occupy Movement claims to be the voice of the so called “99%” in contrast to the

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Socialism – Part 1

Thursday, December 30th, 2010 by posted in Capitalism, History, Philosophy, Politics, Socialism.
B119

PART I   LIBERALISM AND SOCIALISM Chapter 1 – Ownership 1 The Nature of Ownership Regarded as a sociological category ownership appears as the power to use economic goods. An owner is he who disposes of an economic good. Thus the

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