Mr. Stiglitz, Is Hayek in the Room with Us?

Daniel Dennett, the renowned philosopher of science, proposed four steps for critiquing an intellectual opponent: First, one should attempt to re-express the opponent’s position so clearly, vividly, and fairly that the opponent would say, “Thanks, I wish I’d thought of putting it that way.” Second, one should list any points of agreement, particularly those that are not widely acknowledged. Third, one should highlight anything learned from the opponent. Only after completing these steps is one permitted to engage in rebuttal or criticism.

Lew Rockwell, Champion of Liberty

This summary of Lew Rockwell’s contributions to the liberty movement will show that Lew has done more to spread libertarian ideas than anyone else not named Ron Paul. Lew was born in Boston in 1944. His father was an “Old Right” Republican who gave Lew a copy of Henry Hazlitt’s classic Economics in One Lesson for for his twelfth birthday! Lew would later edit Hazlitt while working as an editor for the conservative publisher Arlington House.

Universities: Dysfunctional Incubators of Socialism

Ludwig von Mises called the universities of his day “nurseries of socialism” because of the inevitable socialist bias of all government-funded universities. He also said that there is always a remnant of students, however, that does not buy into the endless drumbeat about the alleged wonders of socialism and the “imperfections” of free-market capitalism. It is this remnant that the Mises Institute devotes so much effort to educating and inspiring in the Misesian/Rothbardian tradition. 

Why We Need To Get Out of NATO

President Trump and Defense Secretary Hegseth have recently been critical of NATO, calling for the European NATO countries to pay for their own defense. This is all to the good, though it does not go far enough. As the great Dr. Ron Paul has pointed out, “We also need a change in policy. Americans are beginning to understand the economic costs of maintaining a global military empire. US taxpayers are forced to cover more than half of the entire NATO budget while European countries rattle sabers at Russia and threaten war.

Ron Paul Tried to Audit the US Gold Reserves in 2011

[Editor’s Note: In 2011, Congressman Ron Paul sponsored legislation to audit the gold reserves of the United States and publish the results of that audit for public scrutiny. Thanks to opposition from the usual opponents of transparency and decent monetary policy in both parties, the bill was never passed. Below is the text of Congressman Paul’s opening statement on the legislation at the House Subcommittee on Domestic Monetary Policy and Technology. Paul was chairman of the committee.

Larry McDonald: Last Democrat Who Wanted to Audit Fort Knox

An issue which not long ago had only the support of Ron Paul has now become a priority for the Trump Administration: the auditing of Fort Knox. At CPAC last week, Donald Trump took time out of speech to boast that he and Elon Musk were soon to be traveling to America’s largest gold depository “to see if the gold is there. Because maybe somebody stole the gold. Tons of gold.”