High school students in the United States are usually required to take a course in government where they learn about the structure of government but rarely discover the appropriate role of government or the justifiable limits for the use of force in our society. If they did, one of their required readings would be Frédéric Bastiat’s essay, The Law, a seminal mid-nineteenth century work that describes eternal truths about life and how we pursue justice.
The Institute of Austrian Asset Management has awarded Lew Rockwell with the prestigious 2018 Roland Baader Award, for his contributions to Austrian economics.
From a translation of the IfAAM press release:
The Institute for Austrian Asset Management (IfAAM) announces that the journalist Llewellyn Harrison (Lew) Rockwell Jr. receives the “ROLAND BAADER Award 2018”. The ceremony will take place on 2 June 2018 at the 9th Hamburg Mark Banco Anlegertagung in the Historisches Museum Hamburg.
Listen to Ryan McMaken’s commentary on the Radio Rothbard podcast.
2017 may have been the worst year for homicide in Mexico since the government began keeping track in the 1990s.
It’s a safe bet that the homicide rate isn’t coming anywhere near what it was in the years surrounding the revolution. But it may be the worst rate in several decades.
The Broward County Sheriff’s office announced this afternoon that Deputy Scot Peterson resigned after being suspended for not engaging the shooter at Marjory Stoneman Douglas High School. He had been making over $75,000 a year as the school’s Student Resource Office, a position he had held since 2009.
With “Radio Rothbard” I’ll be doing short podcasts highlighting some of our columns and authors, while also providing audio versions of my own columns. But, I’ll also add just a little extra commentary and also read it the way I’d want it to sound in your head.
Before Carl Menger, various German economists had criticized the labor theory of value specifically and rejected the doctrine of inherent value in general. Menger’s view that value was subjective (personal, individual) in nature was not exceptional among German authors of the first half of the nineteenth century.
The Swedish government and its central bank have long been in the vanguard of the war on cash. Now they are suddenly having second thoughts about its potential outcome. The value of notes and coins in circulation has crashed to its lowest level since 1990 and now stands at 40% below its level in 2007. “No cash” signs are popping up everywhere in restaurants and retail establishments and even museums throughout Sweden.
