The North Brothers: Building Economic Theory “From Principles Indisputably True”
Weighing in on the side of John Locke, not only on interest rates but also in a general and comprehensive vision of economic laissez-faire that eve
Weighing in on the side of John Locke, not only on interest rates but also in a general and comprehensive vision of economic laissez-faire that eve
Weighing in on the side of John Locke, not only on interest rates but also in a general and comprehensive vision of economic laissez-faire that even surpassed Locke, were two brothers, Dudley and Roger North.
Though he devoted much of his life to writing, editing, publishing, and political activism, it isn't really for any of these activities that Jo Labadie should be remembered fondly by libertarians in the 21st century.
Herbert Spencer is often misrepresented in textbooks and websites as a "social Darwinist," but these claims describe a mythical Spencer that never existed. The real Spencer was quite different. The real Spencer often expressed views quite similar to modern-day libertarians.
John Locke, the Protestant Scholastic, was essentially in the hard-money, metallist, anti-inflationist tradition of the Scholastics; his opponents, on the other hand, helped set the tone for the inflationist schemers and projectors of the next century.
Mises (1881–1973) is one of the sleeping giants of the 20th century. For many decades he was the leader of the Austrian School of economic and social thought but he is scarcely a household name, even among economists and classical liberals.
One of Josiah Child’s main deviations from free-market and laissez-faire doctrine was to agitate for one of the favorite programs of the merc
John T. Flynn was, if not the very first, then one of the very first few, of the revisionist journalists to write about the New Deal, focusing on both its domestic and its foreign policies. He is the beginning of historical revisionism where the New Deal is concerned.
One of Josiah Child's main deviations from free-market and laissez-faire doctrine was to agitate for one of the favorite programs of the mercantilists — to push the legal maximum rate of interest ever lower. Formerly discredited "usury laws" were making a comeback on faulty economic rather than natural-law or theological grounds.
The question of questions for the politician should ever be "What type of social structure am I tending to produce?" But this is a question he never entertains, even though vast evidence exists that all legislation expands beyond its original intent.