Founder of the Austrian School of economics, Carl Menger, some of his most famous intellectual descendants like Ludwig von Mises, 1974 Nobel Laureate in Economics F.A. Hayek, and author of the best-selling Economics in One Lesson Henry Hazlitt could be said to have literally saved civilization via their educational efforts on multiple occasions.
I typically avoid Twitter skirmishes, but James Lindsay’s diatribes against key dissident thinkers such as Paul Gottfried and Hans-Hermann Hoppe warrant scrutiny. As someone who knows Paul Gottfried personally, I can confidently clarify a few points. Yes, he was under the tutelage of Herbert Marcuse, but the Old Right has a greater influence on him than Marcuse. Paul is fond of people like M.E. Bradford, Wilmore Kendall, and Southern conservatives. Secondly, he is not preoccupied with white identity politics and IQ gaps.
On Sunday, after the Colombian government turned away two US military aircraft full of detained migrants, Trump announced he would place an emergency 25 percent tariff on all goods imported from Colombia.
Much of the debate over so-called “birthright citizenship” is over interpretations of the Fourteenth Amendment to the US constitution. Most of the people currently in power claim that the text means every baby born to every foreign national on American soil is an automatic US citizen. Others—like myself—believe that this interpretation is dubious and has always been a matter of debate.
As we begin the new year, pessimism is rife in the liberty movement. Many are struck by a pervasive and overwhelming feeling that the enemies of freedom are winning and our movement is in disarray. However, not all news from recent times has been grim. A particular sphere of American politics stands out as a place where liberty is winning.
Richard Feynman, one of the greatest physicists of the 20th century, used to say: “Imagine how much harder physics would be if electrons had feelings.” This witty remark invites us to reflect on the difference between the immutable laws of nature and human behavior—always unpredictable, emotional, and diverse. But what happens when we try to impose centralized hegemonic control over millions of people who act according to their own interests and emotions?
Here comes Javier Milei’s definition of the market:
The recent decision of the Supreme Court to uphold the ban on TikTok in the United States creates an entirely new dimension of change in the balance of power and individual freedoms in the country. This is very disturbing as it replicates the very authoritarian behavior of China, which has been exercising full control over digital platforms and personal data.
History is more than a mere litany of facts. It also involves a story, or a narrative, which provides the organizing framework or unifying idea for the particular facts selected. No single historical account can report all known facts—each account selects the facts most relevant to the argument being presented. It attempts to explain why specific events occurred, and the causal factors that gave rise to those events. John V.
Milton Friedman famously said, “monetary changes have their effect only after a considerable lag and over a long period and that the lag is rather variable.” This lingo has infected macroeconomic discourse and the speeches of Federal Reserve officials.
