Why Plea Deals Are a Gross Miscarriage of Justice
Lew Rockwell on the College Cheating Faux Scandal, the Sinister FBI, and How the CIA Kills People
Capital and Interest in the Austrian Tradition, Part 3 of 3
3 Modern Arguments for Tariffs, Debunked
[Adapted from “Some Subtler Arguments for Tariffs,” published December 2003.]
Many proponents of tariffs recognize the absurdity of tariffs as a general rule. However, they feel that there are certain, special cases in which tariffs are justified, and indeed vital to a nation’s survival. In this article, I will analyze three such arguments:
Fed Nominee Judy Shelton Wants Sound Money—and Lots of It
There is good news and bad news regarding President Trump’s nomination of Judy Shelton for one of the two vacant positions on the Federal Reserve Board of Governors. The good news is that Ms. Shelton is not a technically trained academic economist, indoctrinated in the prevailing orthodoxy.
Schumpeter vs. Kirzner on Entrepreneurs
[This is a selection from “Driving the Market Process: ‘Alertness’ Versus Innovation and ‘Creative Destruction’” in the Quarterly Journal of Austrian Economics. The full article is here.]
Do We Really Have a Decade Left to Solve Climate Change?
Wise alecks on social media noted with amusement how Beto O’Rourke recently claimed humans had only ten years to act on climate change, thus one-upping Alexandria Ocasio-Cortez who had previously gone out on a limb by putting the deadline at twelve years.
Juan de Mariana on Creating Money Out of Thin Air
[A Selection From: “On the Coinage” by Juan de Mariana Translated by Hazzard Bagg for the Quarterly Journal of Austrian Economics 21, no. 2 (Summer 2018).]
French Incomes Place Below Some of America’s Poorest States — And the Protesters Know It
With the rise of the Yellow Vest Movement in France — which began last October and continues today — French activists and writers have begun to re-evaluate the state of French income and poverty.
