Some years ago, there was published a book in the German language with the title L.T.I. These three letters stood for three Latin words, lingua Tertii Imperii, the language of the Third Reich. And the author, a former professor of Romance languages at one of the German universities, described in this book his adventures during the Nazi regime.

A common retort to the claim that in voluntary exchange both parties expect to become better off (or they wouldn’t do it) is that exchanges are seldom, if ever, a matter of horizontal, equal exchange of values. Instead, any such interaction between people is ultimately a matter of their exercising power over one another. The implication, and often explicitly stated conclusion, is that there is no voluntariness, that exploitation is always present, that one party necessarily gains at the other’s expense.

While you were young, did you gain knowledge and learn skills that gave you the human capital necessary to become an entrepreneur or a small business owner? Human capital consists of the knowledge and habits developed as a youngster that form skillsets that later in life can be used in the business world. These skills are developed either through the family unit, culture, or regional location and determine the success or failure of entrepreneurial pursuits and performance.

The Committee on Energy and Commerce recently released more details of the so-called CLEAN Future Act, which “formally adopts the goal of achieving of a 100 percent clean economy by 2050.” Besides the manipulative name, the proposal (a) doesn’t even bother trying to justify its central goal and (b) includes a grab bag of proposals that progressive Democrats have always favored, regardless of climate change c

Free market economics is often ignorantly dismissed for being “ideological” rather than scientific. It probably sounds smart to the economically illiterate, but it is decidedly not. It doesn’t mean nearly what most people assume it does. The word “free” in free market economics is not used as a normative value judgment but indicates an economy that is unaffected by exogenous (from the outside) factors.

When we hear of political movements in favor of decentralization and secession, the word “nationalist” is often used to describe them.

We have seen the word used in both the Scottish and Catalonian secession movements, and in the case of Brexit. Sometimes the term is intended to be pejorative. But not always.