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How the Business Cycle Happens Part 1

October 22, 2015

How the Business Cycle Happens Part 1 [This excerpt from the first chapters of Murray Rothbard’s America’s Great Depression (1963)] Reprinted from Mises.org Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without “pre-judgment” is futile. A cycle takes place in the economic world, and therefore a usable cycle theory must […]

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Ayn Rand & Murray Rothbard: Diverse Champions of Liberty

August 29, 2015

Ayn Rand & Murray Rothbard: Diverse Champions of Liberty Differences and Similarities No one should attempt to treat Ayn Rand and Murray N. Rothbard as uncomplicated and rather similar defenders of the free society although they have more in common than many believe.  As just one example, neither was a hawk when it comes to deploying […]

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Why The Recurring Economic Crises?

August 28, 2015

Why The Recurring Economic Crises? Authored by Murray Rothbard via The Mises Institute, A selection from Chapter 42 of Economic Controversies. Why, then, does the business cycle recur? Why does the next boom-and-bust cycle always begin? To answer that, we have to understand the motivations of the banks and the government. The commercial banks live and profit […]

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Organized Plunder, a.k.a. The State

July 9, 2015

Organized Plunder, a.k.a. The State Whose Side Are You On? On one side: the Fed… the NSA… the CIA… Fannie Mae… Freddie Mac… the trade unions… Wall Street… the dollar… Obamacare… New York’s taxi system… QE… the wars on terror, poverty, illiteracy, and drugs… Dodd-Frank… the TSA… the ATF… millions of retirees and disability scammers… […]

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CAN CENTRAL BANKS GO BANKRUPT?

April 26, 2015

CAN CENTRAL BANKS GO BANKRUPT? A TDV subscriber forwarded us an article that said the Federal Reserve was dangerously close to going “bankrupt,” stating, “In direct figures, the Fed has $4.485 trillion in assets, but a whopping $4.428 trillion in liabilities, leaving only $57 billion, or about 1.28%”. The article stated that, “if the value of the […]

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7 Habits of Highly Effective Libertarians

April 26, 2015

7 Habits of Highly Effective Libertarians How to sustain a lasting passion for liberty What does it mean to be an effective advocate of liberty? It means to love what you do and adopt sustainable patterns of thinking and living that contribute to making the world a freer place. Sustainability is key. Most of today’s […]

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Today’s Lunatic Foreign Policy – LewRockwell.com

October 28, 2014

The argument for imperialism has always been two-edged, what the great Old Rightist Garet Garrett called (in his classic The People’sToday’s Lunatic Foreign Policy – LewRockwell.com. In 1990, Murray Rothbard clearly identified the earliest signs of the ultimately successful decade-long push by the neocons to replace their dearly missed Cold War with a global, imperialist, and […]

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