Innovation Requires Economic Freedom
[Excerpted from chapter 16 of Theory and History (1957).]
The Definition of Economic Progress
[Excerpted from chapter 16 of Theory and History (1957).]
If Men Were Angels
[Excerpted from “If Men Were Angels,” Journal of Libertarian Studies, 2007.]
PPI Jumps – Talking Heads Say All is Well
The Bureau of Labor Statistics reported today that the Producer Price Index (PPI) rose .4% last month. This inflation is exactly what Austrians would expect to result from Helicopter Ben running his dollar-printing presses at full speed.
How Do We Know What We Know?
Because the state is grounded in a network of lies, contradictions, deceptions, and conflicts, political systems are inherently in conflict with reality and must resort to intentional distortions of truth as a way of trying to appear coherent to a gullible public.
There Is No End to History, No Perfect Existence
All doctrines that have sought to discover in the course of human history some definite trend in the sequence of changes have disagreed, in reference to the past, with the historically established facts and where they tried to predict the future have been spectacularly proved wrong by later events.
Ron Paul, The Brain of the Tea Party
If only the Tea Party were actually that smart, but, even so, The Atlantic makes a good case that Ron Paul is the intellectual leader of the revolt. Incredibly, the reporter actually seems to understand libertarianism and the Austrian School.
This is very good
The State of California is helping to resolve its budget crisis by selling its buildings to the private sector. I hate to sound like a one-note samba, but the Feds will never follow this path: the central government has a printing press that “resolves” all its budgetary issues, while California does not.
James E. Foy, 1917-2010
James E. Foy, former dean of students at Auburn University from 1950 to 1978 and a great friend to the Ludwig von Mises Institute, died at the age of 93 at October 9, 2010. His funeral is today. To be with Dean Foy was to understand something about what made Auburn “the loveliest city on the plains.” He was charming, genuinely optimistic, and had an unfailingly bright outlook on life. His energy even in his 80s and 90s was an astonishing thing to behold.
How the Presidency Is Invading Your Home
In the pipeline are dumb regulations for almost everything that plugs in or fires up in your home. The administration is meddling with every room in the house, goofing up technology and raising prices.
