Murray Rothbard

On Natural Rights, the Egoists Have Nothing

Monday, April 7th, 2014 by posted in Law, Philosophy.
Trevor Blake

The question of natural rights has bogged the thinking of philosophers for centuries. In a recent book review of Trevor Blake’s Confessions of a Failed Egoist and Other Essays, Nicholas James Pell brings up an interesting argument against the moral

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Equilibrium of Fear

The state of fear

Stateless market society—a peaceful social arrangement based on voluntary relations among individuals in which the state is not present—is not a popular idea. Many people believe that this society would lack the capacity to define and enforce property rights, and

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Leverage, floating rate notes and high frequency trading

Monday, August 6th, 2012 by posted in Economics.
High-frequency-trading

(republished from “A View from the Trenches” : www.sibileau.com ) Click here to read this article in pdf format:  August 6 2012 Today is a holiday in Canada and our letter is published later than usual. We will make a

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Money and Gold in the 1920s and 1930s: An Austrian View

Wednesday, May 16th, 2012 by posted in Banking, Economics, History.
money-gold-coins teaser

Originally appeared in the October 1999 • Volume: 49 • Issue: 10 of the Freeman In consecutive issues of The Freeman, Richard Timberlake has contributed an interesting trilogy of articles advancing a monetarist critique of the conduct of U.S. monetary

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Alan Greenspan Asked for Advice, Do People Ever Learn?

Saturday, May 12th, 2012 by posted in Banking, Capitalism.
Alan greenspan

Unbelievable. That is the only way to express this author’s utter bewilderment that former Federal Reserve chairman Alan Greenspan is still given an outlet to speak his mind.  Actually, I am surprised Mr. Greenspan has the audacity to show his

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The Real Cost of a College Education

Sunday, April 29th, 2012 by posted in Capitalism, Politics, Regulation, Socialism.
public schooling

Last week, the total amount of debt emanating from student loans in the U.S. reached $1 trillion.  With the Great Recession still present in the daily lives of the middle class, salaried jobs for college graduates are tough to come

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EPA Official’s Admitted Philosophy – “Crucify”

Thursday, April 26th, 2012 by posted in Environment, Regulation.
epa feed me

This really is quite remarkable.  Once in a while, an enforcer for the law-passing goons of the state, who are too cowardly to carry out their own decrees, is caught off guard admitting the real impetus behind thrusting his jackboot

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Should Anti-Statists Accept Food Stamps?

Wednesday, April 4th, 2012 by posted in Philosophy, Politics.
food stamps

Receiving food stamps has become an unfortunate American pastime. Since the housing bust and subsequent financial crisis threw millions out of work, many have turned to the dole.  The number of Americans on food stamps has reached record numbers.  Zerohedge

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Harper Considering Free Trade? More Like Contemplating The Unlocking of the Serf’s Chains

Monday, March 26th, 2012 by posted in Trade.

In a truly free world, trade is uninhibited and at the discretion of both parties involved.  The arbitrary boundaries imposed by various states are irrelevant.  Whether it be with the local grocer or a clothing merchant on the other side

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More Government Please? Give Me a Break

Thursday, December 1st, 2011 by posted in Economics, History, Regulation.
Government Solutions

Thomas Frank’s “Easy Chair-More Government Please!”(More_Government_Please) which recently appeared in Harper’s Magazine is yet another short sighted plea in a mainstream publication for the benevolence of government to aid in the effort of putting people back to work.  In what amounts

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The Federal Reserve A Populist Movement? Puhhhlease

Monday, November 14th, 2011 by posted in Capitalism, Economics, History, Politics.
Progressive_NWO

Gregory D. L. Morris, a member of the editorial board of the Museum of American Finance, recently came out with a piece in Bloomberg entitled “How a Populist Outage Gave Birth to the Federal Reserve: Echoes” which goes over the

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40 Years of Fiat Currency – Is Gold as ‘Cheap’ as it was in 1971?

Thursday, August 18th, 2011 by posted in Capitalism, Economics, Education, History, Politics, Politique.
From 1971 the US Dollar was backed by Elvis Presley's Gold records - All 141 of them!

Originally Published on http://greshams-law.com/ Monday was the 40th anniversary of the irredeemable fiat dollar. Unlike the preceding 39 anniversaries, this one was actually noticed! Here, I present several charts that show the changes to the Fed’s balance sheet since 1971.

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Money Inflation and Price Inflation

Tuesday, March 29th, 2011 by posted in Capitalism, Economics, History, Politics.
Time Magazine, Sept. 21, 1981

The Reagan administration seemed to have achieved the culmination of its “economic miracle” of the last several years: while the money supply had skyrocketed upward in double digits, the consumer price index remained virtually flat. Money cheap and abundant, stock

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The Practical Science of Austrian Economics

Thursday, February 24th, 2011 by posted in Capitalism, Economics, Education, History.
35183_dilorenzo_thomas

The Austrian Economics Newsletter – An Interview with Thomas J. DiLorenzo Winter 1999 Volume 19, Number 4 AEN: Your recent book, The Food and Drink Police, is quite timely. DILORENZO: We’ve seen an explosion of litigation designed to destroy whole

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