A Case for the Inflation Camp
Austrians are divided on the long-term outlook for prices. In the present article I want to reiterate why I view rising prices as the real threat. I also want to point out some problems for the deflation camp.
No More Gifts, Please
A business in the private sector is utterly and completely dependent on customers for its revenue, so the revenue it spends on gift giving necessarily comes from the customers too! Why do managers believe that they are fostering good will?
A Strategy for the Right
If we know what the Old Right was against, what were they for? In general terms, they were for a restoration of the liberty of the old republic, of a government strictly limited to the defense of the rights of private property.
Farewell, Richard Posner
Posner’s thesis - that the depression represents a market failure brought on by deregulation - pivots on the myth that regulators actually regulate rather than serve the interests of leviathan beneficiaries.
Big Daddy
[From chapter 8 of The Rise and Fall of Society by Frank Chodorov.]
Levine & Boldrin: The patent system: End it, don’t mend it
“The patent system: End it, don’t mend it“–”From AIDS to Android phones, research shows that intellectual property rights are detrimental to the social good.” Superb, concise piece in The Christian Science Monitor, by David K. Levine and Michele Boldrin, authors of Against Intellectual Monopoly.
The Seen and Unseen of Obama’s Stimulus Plans
This post is one in a series entitled Posthumous Refutations. Previously in this series: Safeway and Consumer Sovereignty in Oakland, CA.
The Left Fell into the Climate Morass
Instead of working against war and the police state, instincts were diverted to the preposterous cause of creating a statist system for global thermometer management.
The Long Shadow of Frédéric Bastiat
Frédéric Bastiat’s legacy has two key components: his artful polemics for free markets and his uncompromising conviction that men’s interests are “naturally harmonious” to the extent that their property rights are respected.
Let’s Be Careful Out There
Here is a piece I wrote back in 2005. I hope you enjoy it.
This week is likely the sweet spot of the holiday party season for most working folks. Thankfully, there are a few employers who still open up the bar and turn those in their employ loose with some free alcohol to celebrate the holiday season.
