C.Jay Engel

Skousen on the Tom Woods Show-- The Bull Market in Stocks

A quick thought on Tom‘s Skousen podcast today. Skousen expressed dissent from the general tendency amongst Austrians to always be fearing the next financial bust, instead arguing that people ought to invest in the markets. He argues that the reason the US stock markets constantly do well year over year is because we are still […]

Hoppe on Milton Friedman and the Drift Toward Statism

From Natural Elites, Intellectuals, and the State: This seemingly unstoppable drift toward statism is illustrated by the fate of the so-called Chicago School: Milton Friedman, his predecessors, and his followers. In the 1930s and 1940s, the Chicago School was still considered left-fringe, and justly so, considering that Friedman, for instance, advocated a central bank and […]

The Very Best H.L Mencken Quotes

Mencken was one of the most important social critics and columnists in American history. His prose and ability to craft remarkable sentences are now of legend.  He was well known for covering the Scopes trial (it is popularly known as the “monkey trial” –this was Mencken’s doing). Here is Murray Rothbard’s essay on Mencken: “H.L. […]

FINALLY! The History of Economic Thought, part 2

So much of my understanding of economics has come directly from digging into the details of its development over time. It’s amazing what a better grasp of something one can receive by learning the roots of the theory, the context from which is sprung, and the debates our intellectual forefathers had with their opponents. Studying […]

Hans-Hermann Hoppe on the Long-Term Capital Effects of Taxation

From The Economics and Ethics of Private Property Taxation is a coercive, non-contractual transfer of definite physical assets (nowadays mostly, but not exclusively money), and the value embodied in them, from a person or group of persons who first held these assets and who could have derived an income from further holding them, to another, […]

Quote from Guido Hulsmann's Mises Biography

Guido Hulsmann’s massive biography of Ludwig von Mises, entitled “Mises: The Last Knight of Liberalism” is a real gem. Liberalism in the title, of course, refers to the Old Liberalism, or classical liberalism, (pre-American Progressivist/socialist “liberalism.”) which taught the freedom of the individual against statism and political power– and more importantly at a historical level, developed the […]

Looking For Blog Contributors

My vision for the AustroLibertarian website is to have the primary site be dedicated to longer articles, published 3-5 per week which has at its content longer contributions and reflections on a range of political, economic, and sociological issues. I also have ideas for some media efforts, which will come soon. For now, I am […]

There's No Difference Between a Kind Capitalism and a Greedy Capitalism

I’m responding specifically to sentiments I’ve seen expressed in the conservative world as of recent. I’ve noticed there’s been a large injection lately of attempts to piously criticize a sort of “greedy” or “profit-oriented” capitalism. All of this is nonsense on stilts, built on the foundation of what Mises called the “Anti-capitalist mentality.” It is […]

Only Individuals Can Be Victims

Crimes are those actions which have as their victims actual individual human beings. There is no abstract “crime against society” as the Progressives want you to think; nor is there a “crime against the state” as fascists want you to think. Rather, a crime is something which actually aggresses the person or property of another […]

Keynes as Convenient Justifier of State Power

Mises makes a great point on the role John Keynes’ works played with respect to justifying state power. Rothbard (and Hoppe) later extrapolated on this theme, and I think it is important to remember. In sum, “academics” like Keynes merely offer to the politicians exactly what they wanted to hear: that the accumulation of increased […]

On the Arrested Nurse Incident

The trending news over the weekend was the nurse who was arrested for refusing to submit to the cop’s threats and demands that she draw blood from a patient. As she stated in the video that circled the internet, the written law was on her side as medical professionals are only allowed to draw blood […]

The Fed Works Against the Trend of the Free Market

Bloomberg notes: Amazon’s plans to cut prices at Whole Foods is great news for shoppers, but not so much for Federal Reserve officials wondering whether they’ll ever hit their 2 percent inflation target. The Fed should not be in the business of targeting price inflation. Prices adjust in accordance with consumer demand and producer’s supply. […]

Redefining Libertarianism: Insufferable Steve Edition

Insufferable Steve Horowitz is at it again. Last time, he smeared Jeff Deist as a literal Nazi. Now, he’s redefining libertarianism, though this is hardly the first time. He’s a thick libertarian– a libertarian who wants to add to the definition of our beloved theory, in order to add in his own preferences and passions. […]

Ugh, Doolittle.

Curt Doolittle is the worst. Primarily because he owns Propertarianism.com, but is the worst propertarian I’ve ever come across (for the record, I love the word propertarian, and wish it hadn’t taken the domain– humph!). If it wasn’t for that, I would ignore him completely. He has profoundly and impressively misunderstood nearly everyone in the Austro-libertarian […]

Why is it the Mises Institute and not the Hayek Institute?

Hans-Hermann Hoppe very clearly explains in this article.  Below is an excerpt: My thesis is that Hayek’s greater prominence has little if anything to do with his economics. There is little difference in Mises’s and Hayek’s economics. Indeed, most economic ideas associated with Hayek were originated by Mises, and this fact alone would make Mises […]

The Alt-Right and Conservatism

In immediately distancing themselves from the so-called “alt-right,” many of its Republican critics are distinguishing between the Respectable Right and this “alt-right.” The respectable right, apparently, includes those who have committed mass war crimes and national level extortion rackets (IRS). That is, it is just fine and acceptable for a conservative to be on the […]

When You Make Bees Angry, They Sting

The internet is ablaze with posts and reports on the so-called Unite the Right rally in Charlottesville. The emphasis in the news, of course, is the presence of Nazis, White Nationalists, and KKKers, though to the extent to which these are actually dominating the rally is unknown– never trust the media and their vague phraseology. […]

Paul Gottfried on Insufferable Steve vs. Ron Paul

Paul Gottfried: I’m also not surprised that CATO and Horwitz have been raging against Ron Paul as well as Jeff Deist. Why wouldn’t they? Unlike his left-libertarian critics, the former Texas Congressman harks back philosophically to the American Right before its Buckleyite reformulation in the 1950s. Paul not only favors free markets and the gold […]

Steve the Insufferable

Impugning motives and ascribing sinister meaning to words is what Nancy MacLean does in her recent book. –Jeff Deist The left-libertarian beltway “liberaltarian” vs. Mises Institute Rothbardian libertarian battle continues. It’s reflective not only in the definition of libertarianism employed by each, the former being far more vague and wishy-washy, but also in the cultural […]

Senate Passes Russia, Iran, North Korea Sanctions Bill, 98-2!

Writes Daniel McAdams at the LRC blog: Minutes ago the US Senate passed HR 3364, the Countering America’s Adversaries Through Sanctions Act by a massive 98 yeas to two nays. Opposing the bill were Sens. Bernie Sanders (I-VT) and Rand Paul (R-KY). The bill passed in the House by 419-3 on Tuesday, with Reps Massie […]

Trump vs. the Transexuals

Since everyone’s talking about Trump and transexuals in the military (a topic which exposes the sheer degradation of classical western civilization), here is Rothbard commenting on Clinton’s decision regarding gays in the military back in ’93: “This brings us to the first controversial move of the Clinton-elect pre-administration: eliminating the ban on gays in the […]

Gary North versus Bionic Mosquito

Well this is juicy. I republish many Bionic Mosquito articles. I’ve enjoyed correspondence with him over the years. His real name is Jonathan Goodwin and he has been around the libertarian movement for some time. Recently, he wrote a fictional post, found here. It was a hypothetical about a nearly ideal “propertarian” community and how they […]

Reich's 7 Reasons

Notable leftist who calls himself an economist Robert Reich has a list of “7 Reasons Why Trump’s Corporate Tax Cut is Completely Nuts.” Here’s his 7, with my responses under each one in italic: 1. Profitable U.S. corporations already pay on average of only 14% according to the Government Accountability Office. That’s less than a […]

The Sadness of Ludwig von Mises

Ludwig von Mises: “Occasionally I entertained the hope that my writings would bear practical fruit and show the way for policy. Constantly I have been looking for evidence of a change in ideology. But…I have come to realize that my theories explain the degeneration of a great civilization; they do not prevent it. I set […]

The Spencer-Tucker Incident

I wrote the following in the TRL Facebook group, after some conflict took place as the ISFLC incident was brewing: Regarding the Spencer incident and Jeff Tucker’s childish (“you’re a Nazi”) overreaction: This group does not allow promotion of actual race-centric nationalism or supremacy. On the flip side, it does not allow attempts to place everyone […]

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