Reprinted from GaryNorth.com Reality Check The Austrian School of economics in the twentieth century was dominated by Ludwig von Mises. He died in 1973. His followers have divided into two main camps: the Rothbardians and the Lachmannites. They have adopted
Archive for March, 2013
Disam Them and Make Them Spy On Each Other
Reprinted from LewRockwell.com Benjamin M. Wassell of Silver Creek, New York, a wounded Iraq war veteran, is the first resident of that state to be arrested and face prosecution under its draconian new firearms law. He was arrested during an
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Misunderstanding High Wages
Private business unceasingly gets a bum rap in major print. No matter the rise in living standards or technological advances brought about through market forces, there will always be some wiry, neurotic journalist bemoaning over social justice and demanding that
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We Should Be Listening To Susan Crockford
Republished from The Global Warming Policy Foundation Foreword To Susan Crockford’s Ten Good Reasons Not To Worry About Polar Bears In 1978 three friends and I spent six weeks camped in a valley in Spitsbergen. The possibility that we would
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Neo-Con War Addiction Threatens Our Future
Reprinted from LewRockwell.com William Kristol knows what is wrong with the United States. As he wrote recently in the flagship magazine of the neo-conservatives, the Weekly Standard, the problem with the US is that we seem to have lost our
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Tibor Machan on Individualism and Its Progress in the 21st Century
Reprinted from The Daily Bell Introduction: Tibor Machan is currently Professor Emeritus, Department of Philosophy, Auburn University, Alabama, and holds the R. C. Hoiles Endowed Chair in Business Ethics and Free Enterprise at the Argyros School of Business & Economics,
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How Greenpeace Defines Happiness
Reprinted from NoFrakkingConsensus.com Yesterday was the first UN-declared international Day of Happiness. When tweeting about it Kumi Naidoo, the Executive Director of Greenpeace, couldn’t help himself. He had to cover it in green slime. “Let’s not buy anything on the
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The Misguided Crusade Against Hidden Bank Accounts
 With its latest budget – sorry, “economic action plan†– Canada’s government has taken a morally ominous turn. A provision in the budget proposes to empower the Canada Revenue Agency (CRA) with the ability to reward individuals who provide information
John Mackey on Whole Foods and Capitalism
Redmond is the director of the Ludwig von Mises Institute of Canada.
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On the Rich
Try as he might, JP Morgan CEO Jamie Dimon will never shake the label of being an overly privileged, money-grubbing banker elite. In business and politics, used to be heralded as a man of impeccable character. President Obama once called
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A Message to Bill Gates
The abundance of “rich-hating” in today’s Western culture has reached disgusting levels. Wealth is no longer seen as a sign of virtue and hard work but as a symbol of exploitation. For all his problems (wishing to “run” a country
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Machinery and Productivity
Republished from Salvation Through Inflation Major Douglas argued that “the increased utilisation of mechanical power and machinery. . . tends to contract the area of the distribution of wages.†Why should this be true? Some people are released from a
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The New Pope’s Bad Economics
As the commentary continues to pour in regarding the new Pope, Francis I, the discussion has been relatively sparse concerning his views on economics – at least about those that relate to the economics of polities and societies. When it
Cyprus and the reality of banking: Deposit haircuts are both inevitable and the right thing to do
Republished from detlevschlichter.com I, too, was shocked yesterday morning. Not so much by the news that depositors at Cypriot banks would face a haircut, or a ‘levy’ or a ‘tax’, on their deposits as a contribution to yet another Eurozone bailout
Send in the Clowns- How Unsound Money Gives Us Weak Leadership
The adverse consequences of fiat money credit expansion keep piling up. Sometimes it seems that almost everything wrong with society today can be traced back to unsound money. I know that I may sound like the heroine’s father in the
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