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The Gentility Just Appreciates Democracy When It Helps Them

By jeffc / May 13, 2021

Turkish president Recep Tayyip Erdogan as soon as remarked that “[ d] emocracy resembles a tram. When you pertain to your stop, you leave.”Say what you desire about the Turkish president and his extravagant political aspirations, however Erdogan’s statement exposes an unpleasant reality about today state of democracy in the West. Regardless of the political […]

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Political Competition vs. Market Competitors

By jeffc / May 13, 2021

[Editor’s note: In this selection from The Society of Tomorrow, Gustave de Molinari (1819-1912) goes over how competitors in the political and natural worlds differ greatly from competitors in the marketplace. We discover Molinari makes some observations comparable to those of Ludwig von Mises in recognizing the consumer as the supreme arbiter of who “wins” […]

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Your Grandchildren Will Reside In a Better World

By jeffc / May 8, 2021

Gary North-April 26, 2021 From 2011. I do not refer here to a historical question raised by a book said to be exposed by God. I refer to a question that historians have actually dealt with for a century with no agreed-upon service. It is this: What took place between 1780 and 1820 that produced […]

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Monetary Pumping and Idle Resources

By jeffc / May 8, 2021

As an outcome of the recent stimulus policies employed by the United States government and the Fed, the majority of commentators are of the view that the threat of a deepening depression in the US economy on account of the covid-19 pandemic has now receded. Some other analysts are not so specific that the danger […]

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Cash Masters?

By jeffc / May 8, 2021

Gary North-April 27, 2021 From 2011. The conservative motion is filled with well-meaning individuals who do not understand free market economic theory. They think that they hold to free enterprise economics, but they in truth hold to a crude Keynesianism: financial salvation by fiat cash. Inside the conservative movement for over a century has actually […]

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What Occurs When Governments Force Corporate Boards to Select More Ladies

By jeffc / May 8, 2021

< img src ="https://cdn.mises.org/styles/social_media_1200_x_1200/s3/woman-boardroom-fb.jpg?itok=s8XSRv8e"alt=""> A controversial brand-new law in California requires openly traded business headquartered in the state to include a minimum of one lady on their board of directors. Advocates of those kinds of laws even contend that gender quotas might improve firm profitability. However, the literature suggests that gender quotas are unlikely to […]

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God, Gold, Groceries, and Weapons

By jeffc / May 8, 2021

Gary North-April 28, 2021 From 2011. I composed a post with this title on June 6, 1980 in my newsletter, Remnant Evaluation. It is time for a follow-up. The 4 G’s appeared prudent in 1980. In early 1980, the American economy was experiencing the worst peacetime rate inflation in its history. That will reverse due […]

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The Sterility of Intellectual Standardization

By jeffc / May 7, 2021

Commercialism is progressively under attack these days by people who claim that it promotes a collapse of ethical values, subordinating all else to the pursuit of private wealth and enjoyment. Frequently these critics demand either the rigorous supervision of the free enterprise by elite federal government administrators or its straight-out replacement by socialism. In this […]

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Steve Jobs as a Moral Giant

By jeffc / May 7, 2021

Gary North- April 29, 2021 From 2011. Sometime in 2004, a Stanford University authorities assembled a list of potential speakers for the 2005 graduation speech. Every college goes through this exercise. The perfect candidate has these characteristics: (1) rich. (2)well-known,(3 )not a college graduate, (4) a good speaker,(5) readily available; (6) cheap.Why these characteristics? (1) […]

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Decentralization, Absolutism, and the Papal States

By jeffc / May 7, 2021

The Pope Who Would Be King: The Exile of Pius IX and theEmergence of Modern Europe by David Kertzer Random House, 2018 xxx + 474 pages Historian David Kertzer made a name for himself with his 1997 book The Kidnapping of Edgardo Mortara. The book covers the until then hardly ever pointed out case of […]

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