Guido Hülsmann on The Ethics of Money Production
There is no better work to explain the broader implications of central banking which go almost totally unremarked in the financial press than The Ethics of Money Production.
There is no better work to explain the broader implications of central banking which go almost totally unremarked in the financial press than The Ethics of Money Production.
"These days most people tend to equate freedom with the possession of inalienable individual rights, rights that demarcate a private sphere no government may infringe on. But has this always been the case?"
The government spends vast amounts of money on educational programs that aim to give “equal opportunity” to those deemed disadvantaged, but there is little or no evidence that these programs achieve anything.
The Nuremberg prosecutors wanted to indict the Nazis on trial for crimes, but at the same time they wanted to preserve the dogma that the modern European nation-state is the culmination of moral progress. This created a conundrum.
According to Brown, Hayek's position against mass democracy is not to be argued against but diagnosed. It is wrong because “democracy” is good—obviously.
The Nuremberg prosecutors wanted to indict the Nazis on trial for crimes, but at the same time they wanted to preserve the dogma that the modern European nation-state is the culmination of moral progress. This created a conundrum.
The government spends vast amounts of money on educational programs that aim to give “equal opportunity” to those deemed disadvantaged, but there is little or no evidence that these programs achieve anything.
Tom Woods joins us for a special year-end show to make the case for becoming a serious reader in 2021!
As we prepare for 2021, here is a collection of Dr. Gordon's book reviews from the past year. Each article features his piercing Rothbardian-insight into some of the most important new books of 2020.
The French economist Jacques Rueff was the foremost opponent in the twentieth century of the gold exchange standard. He well described how the Bretton Woods enabled the US government to engage in seemingly endless deficit spending.