Euro Parliament Speech Garnered 2M+ British Viewers

Though the British mainstream media buried this story for as long as they could, this three-minute speech by Daniel Hannan, a member of the European Parliament, attacking the economic policies of British Labor-Party Prime Minister Gordon Brown, garnered over 2 million viewers through the Internet.

That such a speech arouses this much interest among Britons may portend improvements in the direction of British politics in the next elections, which may be soon.

Freedom or Regimentation

Written in the libertarian tradition of Hayek’s The Road to Serfdom and Ringer’s Restoring the American Dream, Louis E. Carabini’s Inclined to Liberty is a concise and discerning examination, both politically and economically, of what it means to prefer freedom to central dictate.

The Principle of Methodological Individualism

Nobody ventures to deny that nations, states, municipalities, parties, religious communities, are real factors determining the course of human events. Methodological individualism, far from contesting the significance of such collective wholes, considers it as one of its main tasks to describe and to analyze their becoming and their disappearing, their changing structures, and their operation. And it chooses the only method fitted to solve this problem satisfactorily.

The Trouble with Warren Buffett

Warren Buffett was asked if he believed what his father Congressman Howard Buffett believed, which was this: “So far as I can discover, paper money systems have always wound up with collapse and economic chaos.” “Sounds like my dad, yeah,” Buffett replied, “I heard that every night at the dinner table for a long time.” The Congressman’s son may have heard his father at the dinner table, but he wasn’t listening.

Patents and Copyrights Should be Repealed

[Against Intellectual Monopoly. By Michele Boldrin and David K. Levine. Cambridge University Press, 2008. Viii + 298 pages.]
 

One of the most important recent advances in libertarian theory has come in the field of intellectual property. Several writers, Stephan Kinsella most notably among them, have argued that patents and copyrights should not form part of a proper libertarian law code. These writers modify and extend the work of Murray Rothbard, who allowed copyrights but not patents.

Deliberately Misplaced Blame

Let’s play a game. I have a not-so-famous quotation to share with you, and then you guess who said it: “We might have done nothing. That would have been utter ruin. Instead we met the situation with proposals to private business and to Congress of the most gigantic program of economic defense and counterattack ever evolved in the history of the Republic.”