Brett Arends, writing in the Wall Street Journal Why I Don’t Trust Gold explains the rise of gold in the following way:
If the price rises you’d think there must be a shortage. But data provided by the World Gold Council, an industry body, tell a remarkable story.
One of the fatal flaws in the concept of “limited” government is the judiciary. It is up to government judges to rule on whether government judges are immune from the law.
For several years I have been a prophet of libertarian optimism, preaching to all who would hear the good news of impending success for the libertarian cause. My predictions stemmed from an analysis of the permanent crisis of statism—across all areas of American life—which struck America during the 1973-75 period, and which has continued ever since, generating an accelerated libertarian upsurge. The reaction to my analysis has been mixed, ranging from elation to amused skepticism to the curious suggestion that optimism, for libertarians, is somehow a deeply immoral position to hold.
[Sandro Scoppa of the Vincenzo Scoppa Foundation reports that the Italian municipality of Soverato will name an important street after Ludwig von Mises. More than thirty years ago, Ralph Raico announced some of the early signs of the libertarian movement in Italy. This article was originally published as “Il libertarismo arriva in Italia — Revolution Comes to Italy” in Libertarian Review (May 1978), p. 28.]
[Bruno Leoni (1913–1967), an Italian classical-liberal political philosopher and attorney, was a professor at the University of Pavia, president of the Mont Pèlerin Society, and author of Freedom and the Law, expanded 3d ed. (Indianapolis: Liberty Fund, 1991 [1961]). This paper was originally published in English, under the same title in Il Politico 31, no. 3 (1966), pp. 535–38, and has been only lightly edited for publication here.
Now that the hoopla and the hosannahs from Camp David have died down, we are in a position to evaluate what actually happened there, and what the agreements portend for the future of the Middle East.
