Philipp Bagus: Europe 25 years after the fall of the iron curtain

Thanks to Xiong Yue for providing Chinese subtitles to Philipp Bagus’s 2014 talk at the European Parliament about the fall of the Berlin Wall. There are English subtitles too, which are very helpful because the EP has managed to mess up the audio in multiple places. 

Presented to the Europe of Freedom and Direct Democracy Group at the European Parliament, live streamed on November 12, 2014. 

(Although the video thumbnail is not showing, the video does work as of the time of posting.)

There’s No Political Freedom Without Economic Freedom

Can we have political liberty without first having economic freedom? Is the form of government predetermined by the form of economic organization? At first blush the opposite would seem to be self-evident, i.e., that our form of government determines all else, including our economic structure. But Mises advises otherwise. In Human Action (page 283 of the Mises Institute’s scholars’ edition), Mises explains (my emphasis):

The Mises Institute on Drudge Today

The Drudge Report, one of the top news sites in the world for traffic, has picked up on the secession trend. Drudge today links to today’s Buzzfeed article examining Ron Paul’s speech of January 24th’s Mises Circle in Houston:

Former Republican presidential candidate and congressman Ron Paul says secession is happening and it’s “good news.” Paul later predicted the states would stop listening to federal laws.