The August Issue of The Free Market Is Now Online! Hans-Hermann Hoppe is back with a new lecture on the social virtues of the entrepreneur this month:

  http://atlanta.cbslocal.com/2014/08/26/professor-bans-college-students-from-saying-bless-you-in-class/  

Imagine hiring a private tutor, and then, after the fact, the tutor decides that in addition to the regular course work, you must watch a video of a propaganda speech by some politicians. This is of course no different, from higher education adminsitrators deciding that students must sit for an extraneous speech by some bureaucrat. Except in the case of the higher education, the organization is spending six figures to bring in the speaker.

A recent column by Steve Forbes on money is a peculiar mixture of insight and error.  Forbes rightly says, “The blunt truth is that an active monetary policy has never, ever led to sound, sustainable growth.

Axel Kaiser at Mises Brasil has penned a helpful update on the situation in Chile where socialist president Michelle Bachelet was elected to a second non-consecutive term in Chile.

Whenever you see the words “Lockheed Martin” you should think “taxpayer-funded cronyism,” so when I saw the recent Drudge headline that read “LOCKHEED seeks to clean up space...” I mentally added the clause “with money stolen from taxpayers.” The space junk crisis is apparently the latest looming global disaster that requires a government solution.

The 100th anniversary of the beginning of World War I seems like an ideal opportunity to spread a message of peace and economic cooperation; sadly, 2014 has so far been a year of new and renewed conflict far more than one of reconciliation. By now, talk of the horrors of war is nothing new. Everyone knows about the total destruction war brings; in fact, we’ve known for millennia.

According to Terry L. Anderson and Daniel Botkin, “Fighting Western Fires with Economics” is a good idea.