Philosophy and Methodology

Austrian economics has nothing to do with the economics of Austria. Austrian Economics (AE) began with Carl Menger in 1871. It is based on an analysis of individual action, not aggregates or groups.

Albion’s Seed is a great book about the four migration folkways into the colonies from Great Britain during 1629 through 1775. The groups had many characteristics in common which may be what made future union possible, but the groups were also different. Puritans hated Quakers. Everybody hated Catholics. The competing regional cultures created quite a laissez-faire outcome between the community-based groups and more individualistic groups.

Walter Block talks about Plumb Line Libertarianism at the 2002 Austrian Scholars Conference.

Recorded at Mises University 2003.

Boom, Bust, and the Future (19:39) January 18-19, 2002

Recorded at the Reassessing the Presidency seminar; March 2004.

With his lack of principles and scruples, Churchill was involved in one way or another in nearly every disaster that befell the 20th century, writes Adam Young. He helped destroy laissez-faire liberalism, he played a role in the Crash of 1929, he helped start WWI, and by bringing in America to help, prolonged the war and created the conditions for the rise of Nazism, prolonged WWII, laid the groundwork for Soviet domination, helped involve America in a cold war with Russia, and pioneered in the development of total war and undermining western civilized standards.

An extraordinary and wide ranging interview with Hans-Hermann Hoppe: "The apologists of the central state claim that a proliferation of independent political units would lead to economic disintegration and impoverishment. Today, however, manny small countries are all wealthier than their surroundings. Moreover, theoretical reflection also shows that this claim is just another statist myth."

What possible difference can another book make? Why should anyone care about the message of one book as compared with its many millions of competitors? It comes down to this, writes Lew Rockwell. Though there is an astounding proliferation of words in our time, there is a drastic shortage of something that is essential to the survival of civilization: defenses of liberty against its ubiquitous enemies and its main enemy, the state.

The gym has Fox television on, and perhaps I should be grateful, because otherwise it would not have dawned on me just how popular and widely embraced stupid is.