Throughout history, Jews have been denounced as “moneylenders,” yet, as Carl Menger noted, there are very good reasons why Jewish people have been overrepresented in banking and finance.
This week, Dr. Gordon reviews a new work—Reinterpreting Libertarianism: New Directions in Libertarian Studies—and offers insights on some of the contributions.
Menger said alternative monetary theories were “unhistorical,” but one could argue that Menger’s theory also lacks historical evidence necessary to verify his theory. Did Menger display a double standard or a nuanced view as to what we should expect from different monetary theories?
Statists denounce self defense as “vigilantism,” declaring that only the “defense” services provided by the state are legitimate. Yet, self defense has always been a fundamental right.
For all of the demands for reparations for blacks, the schemes so far have been unworkable and would not address the real wealth gaps between black and white Americans.
Perhaps the most insidious power seized by the state is the power of dominion over all lands in its territory. There is no escaping state dominion.
Even hawkish foreign policy scholars admit that changing the US security setup in Greenland is unnecessary. Its supply of raw materials is also nothing special. There isn’t even a ton of money to be made for crony companies. This is purely about Trump’s ego, and it will cost taxpayers a lot.
Were Greenland to adopt an open border policy, Greenland would quickly become a flash point for an international crisis, and would reveal how immigration is often a tool of geopolitics.
Murray Rothbard recounts how during the French and Indian War (1754–63), Americans continued the great tradition of trading with the enemy.
Hyperinflation has been a scourge throughout history. Professor Mark Thornton has found even more episodes of hyperinflation that have happened over the past several centuries.
