Rothbard: Was the American Revolution Radical?
In chapter 80 of Conceived in Liberty, his history of the American Revolution, Rothbard addresses modern attempts to re-frame the American Revolution as some sort of “conservative” revolution that merely preserved a way of life, and was not a radical departure from the past:
Chinese Savings vs. American Spending
Government Spending Does Not Help the Economy
Some economists such as Nobel Laureate Paul Krugman hold that during an economic slump it is the duty of the government to run large budget deficits in order to keep the economy going. On this score — given that from 2011 to 2014 the rate of growth of real gross domestic product (GDP) hovered at around 2 percent — many experts are of the view that the budget deficit, which stood at $483 billion in 2014, wasn’t large enough.
Mises Daily Monday: To “Give Back,” Add Real Value
Mises Daily Monday by Peter St. Onge.
“Giving back” is big these days, but how can we know if we’re really making a contribution that someone values? Economics, fortunately, gives us an answer: the best way to “give back” is to earn honest money.
Terrorism and Police States in Exodus: Gods and Kings
Those looking for a profound spiritual or religious message in Ridley Scott’s new film Exodus: Gods and Kings, will probably be better off re-watching Raiders of the Lost Ark instead.
Mises Daily Weekend: Hoppe on Democracy, Progress, and the State
Mises Daily Weekend by David Gordon:
David Gordon explains how Hans-Hermann Hoppe, while avoiding undue pessimism, takes the conventional view of “progress” in Western society and turns the narrative on its head.