The Austrian School is the Cause of All the World’s Problems
This is according Alternet.org, which offers what has to be the most upside-down history of the 20th century ever written. It includes gems like:
Does Gandhi Deserve a Place in the Libertarian Tradition?
If you abjure all violence, you must abjure the state. Thus, while not all libertarians are pacifists, all pacifists are libertarians, whether they realize it or not (and, admittedly, a great many pacifists have not realized it). Gandhi, it appears, did realize it.
Hazlitt and Keynes: Opposite Callings
Keynes and Hazlitt: their lives and loyalties are a study in contrast — and mostly of choices born of internal conviction, in Hazlitt’s case, or lack thereof, in Keynes’s case.
News from Anarcho Italy
Italians love cash and avoid credit and debit purchases at the highest rate of all the euro region. As a result, they are among the region’s least indebted and biggest savers. It’s estimated that the government loses 100 billion euros of revenue a year in untaxed transactions, while its banking cartel loses out on billions of possible fee revenue when the average Italian makes only 26 credit card purchases a year. Needless to say, the government and banks are joining forces in a war on cash, cash salaries, and cash transactions.
The 64 Unique Patents
As I’m a practicing patent attorney, I often get promotional material from various vendors and local and international law firms–calendars, etc. I received a The 2011 Keller Patents Top Twelve Calendar recently from a patent seacher. Interestingly, he writes:
Some Economics Haiku
The Law of Supply:
Other Things Equal
Quantity Supplied Rises
When the Price Rises
The Law of Demand:
Other Things Equal
Quantity Demanded Falls
When the Price Rises
On Comparative Advantage:
Yes, Trade Creates Wealth.
Costs Will Fall while Incomes Rise
When We Specialize.
Special thanks to Scott Barton for the first line of the Supply and Demand Haikus, which allowed me to get the “all else equal” condition in there.
Should Congress Raise the Debt Ceiling?
At current rates of spending, the federal government may bump up against its debt limit as early as March. Treasury Secretary Timothy Geithner warns that it will be “catastrophic to the economy” if Congress doesn’t increase Uncle Sam’s credit limit.
War Collectivism in World War I
[A New History of Leviathan (1972)]1
Does Favoring Free Enterprise Mean Favoring “Business”?
The first great error here is the mental habit that many have of thinking that big government and big business are somehow at odds. The whole of American history from the beginning to the present suggests precisely the opposite.
I Don’t Like Ike
The Cold War was an unprecedented form of peacetime socialism, designed to appeal to big business, and Eisenhower became its spokesman. Savvy libertarians knew exactly what was going on and supported Cold War opponent Robert Taft.
