It Ain’t Gonna Work Anyway
The current obsession with systemic risk is understandable. After all, we came darn close to experiencing it, with every money-center bank, most secondary banks, and many tertiary banks verging on collapse not long ago.
Extending the Recession Indefinitely
Since the experiment has already been done, why do the boys in Washington now insist on repeating this experiment in economic disaster, all over again?
Rothbard predicts Obamanomics
Vin Suprynowicz writes in his column “Extending the recession indefinitely” that continual government interference during the Great Depression served only to delay economic adjustment and recovery.
Letter from a Student of Mises’s
From Edwin Browne
In 1960 or 1961 Ludwig von Mises was one of my professors at NYU’s Graduate School at Trinity Place in Manhattan. In many ways he shaped my thinking and was a most unforgettable person.
Lady Liberty
The story was fairly typical for movies about the English aristocracy: a young girl marries into power only to find herself trapped. Hidden amid the romance, costumes, and drama, I would strike libertarian gold!
Go for Capitalism or Go for Broke?
Two documentaries have recently been released about the current economic crisis. The first is Michael Moore’s film, Capitalism A Love Story and the second is Michael Covel’s Broke: The New American Dream.
Corporatist Pigs!
Taibbi characterizes the corruption at Goldman Sachs as an inevitable result of “free markets and free elections,” then argues that it was made possible by “the aid of a crippled and corrupt state.” So, which is it?
Freedom Is Slavery
[Original publication date: March 9, 1953. An MP3 audio file of this article, read by Floy Lilley, is available for download.]
A Farmer Fights for Freedom
Joe Blattner didn’t complain about what others were doing or receiving; he simply asked for his inherited privilege of farming his own land in his own way, with the right to sell the product of his own hands in a free market.
The Fallacy of Territorial Extension
Territorial aggrandizement enhances the glory and personal importance of the man who is the head of a dynastic state. The fallacy is confusing this with the greatness and strength of the state itself.
