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Culture, Decentralization, and the Libertarian Movement

In a recent article discussing the differences and nuances between two schools of “libertarian” (broadly conceived) thought, I pointed out that the camp to which I don’t belong (which includes Reason, Cato, SFL, and the Libertarian Party –and other “beltway libertarian” groups) was far less focused on principle and more on “keeping government competent,” which …

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The Hoppean Stamp of Approval

Hans Hoppe is out with a new miniature essay, titled “On Getting Libertarian Right.” Libertarianism as a movement, he says, has been corrupted by the same disease plaguing Western Civilization in general: cultural leftism. There are those, the popular branches, operating under the phrase libertarian but who misconstrue our beloved doctrine into an egalitarian mess. …

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Watching Iran

The US and Israeli governments have long wanted an excuse to militarily confront Iran, but it’s been a difficult situation. Now that there seems to be a popular uprising, a sudden collection of intense protests which even include some deaths, the Iranian government is under pressure to make zero mistakes. Any misstep could initiate foreign …

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Anti-German Propaganda and the Roots of Western Messianism

The title of this post certainly promises more than the post delivers. But after my previous excerpt on the matter of Churchill, I was motivated to follow it up with a few miscellaneous thoughts I’ve had as of recent. First, Hoppe mentioned in his celebration of Murray Rothbard earlier this year, that the two of …

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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 …

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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 …

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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 …

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Property theory proves its usefulness in another field: Computer programming

Property exists, according to Hans-Hermann Hoppe, to avoid conflicts over scarce resources. Property allows human beings to avoid constantly fighting each other over the same plot of land, the same cow, or the same hammer. Someone is the owner, and there’s a protocol for the legitimate transfer of title from one person to the next. A simple …

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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, …

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The mask is coming off on “tax reform”

It seems to me the current tax reform brouhaha plays right into the Bastiat or Rothbard analysis of the state: It’s a machine of legal plunder, and various interest groups compete to aim the mugger’s gun at their enemies to reward their friends. You can see this in how strenuously and uncharacteristically Democrats object to …

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Catalonia votes to secede, crushing reprisal at 11

In cases like this, the adage “If you love something, let it go,” holds true. A friendly and mutually enriching relationship is certainly possible if the Spanish side can bring themselves to stop trying to coerce Catalans to conform. Unfortunately Spain can’t see it that way. It’s looking like they’ll treat this as an insurrection …

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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 …

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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 …

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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 …

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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. …

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