VIDEO: Peter Klein on Shutdown Doublespeak
In this week’s The Mises View: Peter G. Klein explains that the “shutdown” is no shutdown and urges us to reject the economic version of Orwellian doublespeak.
In this week’s The Mises View: Peter G. Klein explains that the “shutdown” is no shutdown and urges us to reject the economic version of Orwellian doublespeak.
The website Paper Money Collapse written by Detlev Schlichter is closing down as the author is embarking on new adventures. The author is an Austrian economist with perceptive commentary on economy. Here is a good example of his writings where he discusses the Free Banking vs. 100% Reserve Banking. We all wish Detlev good fortune in his new adventures.
At The American Conservative today, philosopher Roger Scruton correctly notes that “[t]he free market is a necessary part of any stable community, and the arguments for maintaining it as the core of economic life were unanswerably set out by Ludwig von Mises.” Scruton then goes off course when he claims that ”[t]he free-market ideologues take one instance of spontaneous order, and erect it
We all know that in GovMedia speak, “spending cut” means reducing the rate of increase in spending, while “shutdown” means reducing the workforce by 40%.
Here I discuss inflation China, Mao, WWII, Hong Kong’s Capitalism, Government Shutdown, Stock Market, Obama’s spending, Debt Ceiling, Farming, Welfare, Green Environmentalists, Federal Reserve, Ron Paul, Bailouts, and Unions with Merlin Rothfeld and John O’Donnell on Power Trading Radio!
In 1990, Murray Rothbard wrote on the realities of government budget ‘crises’ and how they often seem to end up demanding that the taxpayers “sacrifice” or that the American people join in “fair sharing of the pain.” (Source: Making Economic Sense)
Here I reveal the two most important tenets of Libertarian thought, I also show how to see things through the prism of Libertarianism. Is government compatible with Libertarianism? Is it necessarily a violator of Libertarian principles and finally is The United States like a club? I explain this and more here!