There have been two very serious train accidents in Spain in the past few days with a significant loss of life. I do not wish to discuss these specific events at this time as it is a time of mourning. The aim of this article instead is to discuss, from an Austrian economic perspective, the argument that is being presented within the context of these accidents.
Ron Paul has often told the story of visiting Fed Chair Paul Volcker at his office and Volcker would immediately ask what the price of gold was that particular day. Perhaps he was checking on the damage to the dollar that he had done. Volcker had been “the point man at the Treasury Department in 1971 who managed the dollar’s untethering from gold,” wrote Christine Harper.
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Since our beginning in 1982, we’ve hosted seminars and conferences featuring the world’s leading scholars in Austrian economics, libertarian political theory, and revisionist history. But early on, the only way to benefit from these valuable lectures was to be physically present.
Writers of historical fiction do not necessarily depict events that actually happened. Even though their narratives are constructed around events that did happen, they are free to take liberties with the historical facts. They invent parts of the plot, create dialogue from their imaginations, omit historical characters who existed, invent new characters, merge several characters into one, and the like. They do whatever the creators deem necessary to help the plot along, although they often stick reasonably closely to the historical timeline so that the events are broadly recognizable.
On January 9, The Telegraph reported,
Ukraine and the United States are planning to sign a “prosperity” deal to rebuild the country at a gathering of world leaders in Davos.
Last week, I joined Fr. Robert McTeigue on the Catholic Current podcast to discuss birth rates and how government policy affects families and families formation. I also noted that the state’s natural enemies are families and the church. Related articles here at mises.org include:
