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Some Confusions of Language in Economic Thought

August 7, 2018

SOME CONFUSIONS OF LANGUAGE IN ECONOMIC THOUGHT Fifty years ago, in 1968, Austrian (and Austrian school) economist Friedrich A. Hayek published a monograph called The Confusion of Language in Political Thought [4]. Hayek argued that the words we use and the meanings we give to them greatly influence how we think about the political system and the […]

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Leonard Read’s Vision of a Liberty-Loving Government

October 30, 2017

Leonard Read’s Vision of a Liberty-Loving Government In a dramatic contrast with political candidates’ promises to violate moral principles and other people’s property, Leonard Read recognized that “Nothing is in our nation’s capital except that which is taken from individuals.” In Richard Ebeling’s “This Is What a True Liberty-Loving Politician Would Look Like,” he provides […]

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Governments Create Monopolies and Cause Worker Exploitation, Not Free Markets

May 19, 2016

GOVERNMENTS CREATE MONOPOLIES AND CAUSE WORKER EXPLOITATION, NOT FREE MARKETS The world is threatened with a renewed wave of anti-capitalism and anti-business sentiments and policies. Many who cheered the demise of Soviet communism in the early 1990s, presumed that this meant that, by default, the case for free markets and competitive enterprise had won in […]

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How I Became a Libertarian and an Austrian Economist

May 14, 2016

HOW I BECAME A LIBERTARIAN AND AN AUSTRIAN ECONOMIST I suppose I can date my interest in both libertarianism and Austrian Economics from the day I was born. The doctor grabbed me by my little feet, turned me upside down and spanked my tiny bottom. I began to cry out. That is when I realized […]

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Do As You’re Told! – The Case For Social Engineering

January 15, 2016

Do As You’re Told! – The Case For Social Engineering Wherever we turn we are confronted with politicians, political pundits, television talking heads, and editorial page commentators, all of whom offer an array of plans, programs, and projects that will solve the problems of the world – if only government is given the power and […]

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The Government Must Stop Printing Phony Money

January 10, 2016

THE GOVERNMENT MUST STOP PRINTING PHONY MONEY If advocates of freedom were to make up a list of New Year’s resolutions for 2016, one of the most important items should be ending government’s monopoly control over money. In a free society, people in the marketplace should decide what they wish to use as money, not […]

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Central Bank Money Printing—-The Rotten Philosophy Beneath

January 5, 2016

Central Bank Money Printing—-The Rotten Philosophy Beneath If advocates of freedom were to make up a list of New Year’s resolutions for 2016, one of the most important items should be ending government’s monopoly control over money. In a free society, people in the marketplace should decide what they wish to use as money, not […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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