By: Gary D. Barnett “A people oppresses itself, cuts its own throat, when, having a choice between being vassals and being free men, it deserts its liberties and handles the yoke, gives grant its own suffering, or, rather, apparently welcomes it.” “But O, great Lord! What strange phenomenon is this? What name shall we offer […]
As a libertarian, I have actually long challenged being characterized on a left-right political spectrum (just like research studies of political affiliations that group libertarians with republican politicians or conservatives on the right). In response to questions about where I suit that framework, over the years, I have actually taken to stating that my views […]
[This address was given before the Mont Pelerin Society at St. Moritz, Switzerland, on September 4, 1957.] There are times when one’s humility seems to go on vacation, as it did for me when Professor Hayek proposed tackling this topic for discussion. Then later when reality returned to plague the victim, there ended a beautiful, […]
As somebody who teaches public financing (much better called the economics of government), I can’t count the number of times I have actually heard political leaders promise “comprehensive” reforms to some significant problem. However what such efforts really produce is always various from what is promised, since such achievements are beyond federal government’s skills. The […]
If the Senate follows your house of Representatives’s lead and passes the Immunization Infrastructure Modernization Act (HR 550), Americans who do not get the recommended number of covid vaccines can eagerly anticipate receiving a text like this: “This is Dr. Anthony Fauci. According to federal government records you have not yet received your monthly covid […]
Murray Rothbard sees the eighteenth-century French economic expert and administrator Anne-Robert-Jacques Turgot as a terrific and admirable figure, however David Graeber and David Wengrow do not agree. In their recently published The Dawn of Everything(Farrar, Straus and Giroux, 2021), they provide Turgot as a force for evil. His concepts provided a validation for a false […]
The words liberty and liberty signified for the most eminent representatives of humanity among the most valuable and preferable items. Today it is trendy to sneer at them. They are, trumpets the modern-day sage, “slippery” ideas and “bourgeois” prejudices. Liberty and liberty are not to be found in nature. In nature there is no phenomenon […]
The very first myth one needs to debunk in order to assess the relationship between the arrangement of law and order and the increase of the (modern-day) State is that this political institution is simply a natural and natural outgrowth of political power, as old as the history of mankind or of arranged society. In […]
Monetary policy is in turmoil. Ever since the financial crisis erupted eight years ago, major central banks have fundamentally reformed the way they create and absorb money. Their activism has failed to extinguish the fires. There are already plans to equip monetary policy with new tools, such as the elimination of cash and “helicopter money” […]
In the aftermath of the Virginia gubernatorial elections, armchair pundits are still using their spin on the upset that Republican opposition Glenn Youngkin managed against former governor Terry McAuliffe. While there’s a lot of discuss the outcomes of this election being a referendum on the Biden administration’s plummeting approval rate and mishandling of the economy, […]
