Birthday of a Bloodbath

This October-November 2017 marks the 100th anniversary of the launch of the Bolshevik Revolution in Russia — the bloody communist state that would produce a political-ideological killing spree unlike any the world has ever seen.

And yet, communism continues to find supporters. Here are three personal anecdotes:

I did a conference this past week on the legacies of communism. One liberal professor complained that no pro-communist speakers were included. I wasn’t surprised.

Paul Kengor is professor of political science and executive director of Th

Hayek on Good and Bad Unemployment Policies

In 1944 Professor Hayek emphasised that sustainable employment depends on an appropriate distribution of labour among the different lines of production. This distribution must change as circumstances change. Sustain able employment thus depends on appropriate changes in relative real wage-rates. If established producers—both unions and capitalists—prevent such relative changes from becoming effective, there follows an unnecessary rise in unemployment. Sustainable employment now depends on successfully tackling these established labour and capital monopolies. - Sudha R.

Bibliography

Abramovitz, Moses, and Vera F. Eliasberg. The Growth of Public Employment in Great Britain. Princeton, NJ: National Bureau of Economic Research, 1957.

Abrams, Ray H. Preachers Present Arms. New York: Round Table Press, 1933.

Adams, George P., Jr. Wartime Price Control. Washington, DC: American Council on Public Affairs, 1942.

Alchon, Guy. The Invisible Hand of Planning: Capitalism, Social Science, and the State in the 1920’s. Princeton, NJ: Princeton University Press, 1985.

Duties Imposed Against Chinese “Dumping” Hurt American Consumers

For years, special interests have called on the U.S. government to “level the playing field” in the form of duties, levies, and other antiquated measures. Democrats and Republicans alike have aired their grievances over the trade deficit, grumbling about exporters hurting American workers by flooding the market with cheap goods. These complaints are deeply misguided.

The New York Times and the “Lost Cause” of Bolshevism

A century ago , the Bolshevik Revolution in Russia ushered in a century of mass murder, starvation, summary execution of millions of people, destruction of ancient social institutions, wars, a vast network of death camps, and the evisceration of liberty, at one time, of a third of the planet.

According to the New York Times, we should be mourning the passage of this era and all of its promises of a better life for all.

You read that correctly.