Archive for March, 2013

Tenured Austrian Economists vs. Murray Rothbard

Friday, March 29th, 2013 by posted in Economics, Education.
RothbardChalkboard teaser

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

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Disam Them and Make Them Spy On Each Other

Thursday, March 28th, 2013 by posted in Law.
cuomo

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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Socialism and Communism

Thursday, March 28th, 2013 by posted in Economics, History.
Communist village teaser

Reprinted from “Planned Chaos“ 3 Socialism and Communism In the terminology of Marx and Engels the words communism and socialism are synonymous. They are alternately applied without any distinction between them. The same was true for the practice of all

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Misunderstanding High Wages

Wednesday, March 27th, 2013 by posted in Capitalism, Economics.
trader joe

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

Wednesday, March 27th, 2013 by posted in Economics, Environment, History.
sun over Earth teaser

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

Tuesday, March 26th, 2013 by posted in Foreign Policy.
bill kristol

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

Tuesday, March 26th, 2013 by posted in Philosophy.
tibor Machan

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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Gray Markets Meet Social Networks

Monday, March 25th, 2013 by posted in Capitalism, Economics.
bartering

Reprinted from PeterCEarle.com I’d heard a bit here and there, but yesterday I came across an article definitively alluding to the “sharing economy”, a cutesy term for describing the marrying of what are sometimes called gray markets with the now-familiar

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Give Me a King

Monday, March 25th, 2013 by posted in Politics, Regulation, Socialism.
king crown

Leftists today find themselves in a terrible contradiction. On one hand, they hold to the rigged principle that society needs governing by a domineering state. The commoners are not to be trusted so it takes badges and guns to maintain

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Remembering Hugo

Monday, March 25th, 2013 by posted in Economics, History.
Chavez teaser

Republished from Taki’s Magazine You will be missed, Hugo Chavez. The world has lost a man who was larger than life, and we don’t only mean your Body Mass Index. We will always love and admire you, even though you

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How Greenpeace Defines Happiness

Sunday, March 24th, 2013 by posted in Capitalism, Environment.
greenpeace_nothing_greener

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

Saturday, March 23rd, 2013 by posted in Banking, Civil Liberties, Law.

 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

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John Mackey on Whole Foods and Capitalism

Friday, March 22nd, 2013 by posted in Capitalism.
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

Friday, March 22nd, 2013 by posted in Capitalism.
rich man

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

Friday, March 22nd, 2013 by posted in Capitalism.
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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The Myth of Fed Independence

Friday, March 22nd, 2013 by posted in Banking, Capitalism.
Federal Reserve teaser

Republished from Mises.org [Excerpted from The Case Against The Fed.] By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA

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Machinery and Productivity

Thursday, March 21st, 2013 by posted in Capitalism.
men digging teaser

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

Wednesday, March 20th, 2013 by posted in Economics.
Pope Francis teaser

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

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Cyprus and the reality of banking: Deposit haircuts are both inevitable and the right thing to do

Wednesday, March 20th, 2013 by posted in Uncategorized.
Burning-Euro

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

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Send in the Clowns- How Unsound Money Gives Us Weak Leadership

Wednesday, March 20th, 2013 by posted in Banking, Capitalism, Economics.
Bernanke smiling teaser

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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