Ryan McMaken on National Parks on the Lions of Liberty Podcast
On the Lions of Liberty podcast, Marc Clair and Ryan McMaken discuss the government shutdown and the need to decentralize the national parks:
Joe Salerno on “The Truth About F.A. Hayek”
Joe Salerno recently joined Tom Woods to discuss the legacy of F.A. Hayek. From the site:
F.A. Hayek, illustrious member of the Austrian School of economics, won the Nobel Prize in 1974, and wrote prolifically on both economic and non-economic topics. He has been a source of controversy within libertarian circles because of some aspects of his work. Joe Salerno helps us sort everything out about this central figure. Read the original article at TomWoods.com.
FDR’s Worst Perversion of Freedom: The “Four Freedoms” Speech
Franklin Roosevelt did more than any other modern president to corrupt Americans’ understanding of freedom. Last week was the 75th anniversary of his 1944 speech calling for a second Bill of Rights to guarantee economic freedom to Americans. Nation magazine whooped up the anniversary, proclaiming that Democrats now have a “unique—and likely fleeting—opportunity to deliver where FDR fell short” with vast new government programs.
The Battle of the Ironclads, Part 3: Inventing the Monitor
Behind the Scenes at the Central Banks that Created our Modern Monetary System
[From the Summer 2018 Quarterly Journal of Austrian Economics. A review of How Global Currencies Work: Past, Present, and Future by Barry Eichengreen, Arnaud Mehl, and Livia Chitu, Princeton, N.J.: Princeton University Press, 2018, 250 pp.]
Herb Kelleher and the Free-Market Fight for Southwest
It is manifestly contrary to the interest of the consumers to prevent the most efficient entrepreneurs from expanding the sphere of their activities up to the limit to which the public approves of their conduct of business by buying their products.
~Ludwig von Mises
No, Paul Krugman, This Shutdown is Not a “Big Libertarian Experiment”
With the government shutdown now entering its fourth week, it seems that it’s left many political pundits clamoring for an excuse to wash their party’s blame from the situation.
Thomas Paine on Paper Money and Morality
The paper money that funded the American Revolution led to post-war grievances, the most well-known of which was Shays’s Rebellion in backcountry Massachusetts. For years after the war the Boston legislature imposed taxes, falling mainly on those least able to pay, for the full payment in specie of the highly-depreciated notes issued during the war and held mostly by well-to-do legislators and bankers. As a further aggravation, the war was fought mostly by those on whom the taxes fell, while the elites stayed home.
