U.S. History

Tom DiLorenzo appears on The Bill Meyer Show.

In his failed 1896 presidential campaign, inflationist William Jennings Bryan declared that he would “not crucify mankind on a cross of gold.” But at least even Bryan favored silver money. Today‘s political candidates will crucify us on a cross of paper.

The Old Right was a principled band of intellectuals and activists, who fought the “industrial regimentation” of the New Deal. They loathed tariffs and saw protectionism as a species of socialist planning.

As with any other government-controlled institution, a high level of public skepticism about elections is healthy.

While men like Murray Rothbard and Ludwig von Mises believed in “just” war, nonetheless, they did not believe that wars lead to “just” outcomes, as war leads to destruction of civilization. The outcome of the American war of secession proved that point eloquently.

One of the outcomes of the American Civil War was the movement toward centralization of political power in Washington. The Reconstruction regime imposed upon the former Confederate states following the war was an overt attempt to further impose federal power there.

Throughout the Trump years, many of the worst war hawks have abandoned the GOP. However, others are trying to rebrand the same old neoconservative interventionism as part of a new “America First” agenda. Don’t fall for it.

In the past four years, a number of monuments honoring the Confederacy have been torn down or removed. As we have seen before, however, the activism behind this movement will not stop with just taking down Confederate symbols.

Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices, private property rights, and profits and losses are unhampered.

The Old Right was a principled band of intellectuals and activists, who fought the “industrial regimentation” of the New Deal. They loathed tariffs and saw protectionism as a species of socialist planning.