Trumping to Serfdom

Ryan Murphy of SMU has confirmed what F.A. Hayek wrote decades ago. It turns out Washington D.C. has more psychopaths per capita than anyplace else in the country. Insert my shock face here.

The best chapter of the seminal “Road to Serfdom” is ‘Why the Worst get on Top,’ where Hayek wrote,

How the United Kingdom Became a Police State

This article will demonstrate how the United Kingdom has steadily become a police state over the past twenty years, weaponizing its institutions against the people and employing Orwellian techniques to stop the public from seeing the truth. It will demonstrate, contrary to official narratives, that both overall levels of crime and violent crime have been increasing, not decreasing, as the size of the state in the UK has gotten bigger.

Neema Parvini is a Senior Lecturer in English at the University of Surrey

PC and the Bureaucratization of the Economy

The recent incident at a Philadelphia Starbucks in which police arrested two black men who were waiting for a friend to join them has stirred a lot of controversy and brought bad publicity to the coffee chain. Facing demonstrations accusing the company of racism, the Starbucks management even closed some of its stores for one day in May so that employees can undergo training to deal with racial biases.

Is Libertarianism Utopian?

Libertarianism – and any political position that leans towards a greater degree of freedom from the state – is opposed both ethically and economically on a number of substantive grounds. The proposition that without the state we would have inequality, destitution for the masses, rampant greed, and so on is a familiar charge which attempts to point out that libertarianism is undesirableand/or unjustifiable.

Myth: Gold Makes Boom-Bust Cycles Worse

According to some commentators on the gold standard, an increase in the supply of gold generates similar distortions as money out of “thin air” does.

Let us start with a barter economy. John the miner produces ten ounces of gold. The reason why he mines gold is because he believes there is a market for it. Gold contributes to the well-being of individuals.

He exchanges his ten ounces of gold for various goods such as potatoes and tomatoes.

Now people have discovered that gold apart from being useful in making jewelry is also useful for some other applications.