Las Vegas has the reputation as being a libertarian city, but like anyplace else, certain business interests would rather use the force of government to stifle competition rather than compete in a free market. Cab drivers in Las Vegas have immense political power. In 2005, then Governor Kenny Guinn vetoed a bill that would have outlawed cabdrivers from receiving kickbacks for delivering customers.
[This article is excerpted from An Austrian Perspective on the History of Economic Thought (1995), volume 2, chapter 9: “Roots of Marxism: Messianic Communism,” section 2, “Secularized Millennial Communism: Mably and Morelly.” An MP3 audio file of chapter 9, narrated by Jeff Riggenbach, is available for download.]
[Austrian Perspective on the History of Economic Thought, volume 2, chapter 3: “James Mill, Ricardo, and the Ricardian System.”]
In his recent wonderful book, Classical Liberalism and the Austrian School, Ralph Raico gives Eugen Richter (1830-1906), the neglected hero of authentic German liberalism, his due. As I read the chapter, I kept feeling as if I was reading about Ron Paul.
Just as Ron Paul has been “Dr. No” in Congress, Richter was a veritable “Herr Nein” (or as one German historian called him, “the eternal nay-sayer”) in the Reichstag.
[This article is excerpted from An Austrian Perspective on the History of Economic Thought (1995), volume 2, chapter 9: “Roots of Marxism: Messianic Communism.” An MP3 audio file of this article, narrated by Jeff Riggenbach, is available for download.]
[This article is excerpted from An Austrian Perspective on the History of Economic Thought (1995), volume 2, chapter 1, section 7: “Say’s Law of Markets.” An MP3 audio file of this chapter, narrated by Jeff Riggenbach, is available for download.]
