Political Theory

To the common sense of these women a program of low prices will make a strong appeal.

I’ve always been perplexed by the dichotomy that often divides people’s avowed beliefs and their actions.

No one wanted to hear the message that voting by itself produces nothing, and that force by itself wastes resources and "produces" less and less.

Economic depression is good for the state. Even if the state knew how to end it, why would we suppose that it has the incentive to do so?

"Public estimation of eminence runs in reverse ratio to its genuineness," writes Mencken, anticipating Obama, "the sort of eminence that the mob esteems most highly is precisely the sort that has least grounding in solid worth and honest accomplishment."

The government can prevent market forces from operating by channeling resources into artificial channels.

"We are seeing the disintegration of the fractional-reserve banking system all over the world. It is being held together by bailouts, which are the government equivalent of bailing wire and chewing gum."

It's a hard truth for Americans to face that neither team in Washington is going to guard what we love the most. That is something we are going to have to face. Liberty is for the citizens to guard themselves.

Shawn Ritenour reviews Gary North’s article, “Millenialism and the Progressive Movement,” Journal of Libertarian Studies

Credit expansion is what creates a delusion of prosperity while it lasts and economic depression when it ends. It is all that needs to be stopped to end the boom-bust cycle.