[Freedom’s Progress?: A History of Political Thought. By Gerard Casey. Exeter, Imprint Academic, 2017. x+964pp.]

Paul Krugman has butchered numbers when writing about fiscal policy in nations such as France, Estonia, Germany, and 

[This article originally appeared in the publication New Libertarian in April 1985.]

In the market economy, a vote takes place with every purchase. By deciding to buy a specific product and not another one, the consumers elect those companies that manufacture this good to go on with their production. By this vote, the consumers chose these companies and entrepreneurs lead the production process. The ballot in capitalism consists in money, the vote is the purchase.

Colonel Lawrence Wilkerson, speaking at a Ron Paul Institute conference this past weekend, predicted US troops would remain in Afghanistan another 50 years — just as they have in Germany and Korea. He also termed the ongoing US-backed campaign in Yemen the “most brutal war on earth,” a war western media overwhelming ignore. 

Demand for a good arises because of its perceived benefit. For instance, people demand food because of the nourishment it offers them. This is however not so, with regard to the pieces of paper we call money — why do we accept them?

Today is Ron Paul’s 83rd Birthday! Dr. Paul is not only a Distinguished Counselor for the Mises Institute, but a founding member and perhaps the most influential advocate for Austrian economics the world has ever seen. 

In 1984, Dr. Paul wrote about the role Austrian economics and Ludwig von Mises played in his deciding to pursue politics, and how it equipped him with the “intellectual ammunition” he needed to stand up to the pressures of Washington, D.C.: 

Ludwig von Mises’s Nation, State, and Economy is a rationalist-utilitarian analysis of the three manifestations of German imperialism: