Libertarians have given considerable thought to refining their basic principles and their vision of a libertarian society. But they have given virtually no thought to a vitally important question, that of strategy.
If we wish to culminate the fall of the Berlin wall and get rid of the real socialism that still remains in the monetary and credit sector, a priority would be the elimination of central banks, which would be rendered unnecessary as lenders of last resort if a 100 percent reserve reform were introduced.
Tucker closes this compendium with a number of reviews of books and movies. The depth of his comprehension is sometimes astounding; he can remember more from watching a movie once than many can from watching it ten times, and his book summaries are so excellent that he might want to watch out for the IP police.
The trouble with nullification is not that it is too "extreme," as the enforcers of opinion would say, but that it is too timid. But it gets people thinking in terms of resistance, which has to be a good thing, and it defies the unexamined premise of the entire political spectrum.
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.
Hundreds of fans of the Austrian School are joining the campaign, because they realize the wonderful corner into which Krugman would be painted. He will either have to debate Austrian business-cycle theory or explain why a New York City food bank would miss out on $100,000+ in "right-wing" money.
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.
Because the state is grounded in a network of lies, contradictions, deceptions, and conflicts, political systems are inherently in conflict with reality and must resort to intentional distortions of truth as a way of trying to appear coherent to a gullible public.
We are born into this world believing that success in anything will be met with praise and acclaim. We are not often told the truth that we see in this film: success is more likely to be met by envy, hate, disparagement, put downs, and loathing, sometimes from the most unexpected sources.
That students are in the streets demonstrating against this pension reform suggests professors and politicians have failed to explain what economists call the lump-of-labor fallacy. Jobs are not fixed and do not depend exclusively on the supply of labor.
