The Problem with Eternal Vigilance
We are told that it takes “eternal vigilance” to protect our freedom. But what if the entity taking away our freedom has the weapons and the “law” on its side?
We are told that it takes “eternal vigilance” to protect our freedom. But what if the entity taking away our freedom has the weapons and the “law” on its side?
Some economists have claimed that “transparent” monetary policy in which the Fed operates predictably will lessen the chances of the boom and bust cycles happening. It isn’t the lack of transparency that creates business cycles; it is Fed-caused malinvestments.
The word “democracy” is almost sacrosanct in modern society, yet what advocates call “our democracy” is not what it claims to be. Real democracy can be found in the workings of the free market, not the political halls.
With President Trump demanding people in the armed forces as well as in other government offices do his bidding no matter what the law might be, it is time for people to learn the lesson of Captain Vere.
Our own Jonathan Newman had the opportunity to sit down with a Federal Reserve governor. The central banker's answers to Newman's questions were evasive and riddled with contradictions. It seems there is not much behind the Fed's technocratic veneer.
Jonathan Newman was present as one of the Federal Reserve governors gave a talk and was able to ask questions. It seems there is not much behind the Fed’s technocratic veneer.
President Trump is not only angering Iranians and most of Europe. He also is making new enemies in both North and South America. Perhaps it is time for policy reset.
President Trump is not only angering Iranians and most of Europe. He also is making new enemies in both North and South America. Perhaps it is time for policy reset.
Ludwig von Mises Mises argues in Nation, State, and Economy that nationalism is compatible with economic and political liberty if it is peaceful, based on self-determination as an individual right.
With President Trump demanding people in the armed forces as well as in other government offices do his bidding no matter what the law might be, it is time for people to learn the lesson of Captain Vere.