Joe Salerno joined The Tom Woods Show this week to discuss the works of F.A. Hayek and why he has been a source of controversy within some libertarian circles.

The theater of the State of the Union Address is always the hardest part to stomach. The endless outbursts of applause, the parading up of guests with allegedly inspiring stories, and the calculated pauses all make me wish we could return to the days when Thomas Jefferson submitted his addresses to Congress in writing. 

Nevertheless, the SOTU speeches do often provide some good fodder for evaluating just how bad an administration’s plans are for the next year. 

Earlier this month, The New York Times reported on a remarkable development in Mexico. In an article titled “Losing Faith in the State, Some Mexican Towns Quietly Break Away“ we discover that some municipalities in Mexico are turning to de facto secession in order to put a stop to the rampant drug-cartel violence that has become so problematic:

In all democratic countries, in the United States even more than elsewhere, a strong belief prevails that the influence of the intellectuals on politics is negligible. This is no doubt true of the power of intellectuals to make their peculiar opinions of the moment influence decisions, of the extent to which they can sway the popular vote on questions on which they differ from the current views of the masses. Yet over somewhat longer periods they have probably never exercised so great an influence as they do today in those countries. This power they wield by shaping public opinion.

January 20 marks the first anniversary of Donald Trump’s swearing in as the 44th person to succeed George Washington as President.

George Monbiot, popular Guardian columnist, beacon light of global environmentalism, is also the kind of progressive who insists on seeing the world as he wishes it were and not as it really is. Wearing these kind of blinders will not help us get a better environment or better world.

Volume 20, no. 3 (Fall 2017)

Articles:

Subjective Expectations and the Process of Equilibration: The Views of Lachmann and Mises by G.P. Manish

Today’s big news is that Amazon.com’s founder Jeff Bezos has teamed up with Berkshire Hathaway’s Warren Buffett and JP Morgan’s Jamie Dimon to push down the skyrocketing healthcare costs in the US. One must wonder, however, if it is a serious play or but a marketing schtick.

The Russian Revolution of November 1917, now being marked by its centenary, ushered in a hundred years of political tyranny and terror, economic suffering, exploitation and corruption, along with unimaginable mass murder, among the tens of millions of people who came under the control and command of Marxist inspired socialist regimes around the world.