Thursday, 11 of March of 2010

Tag » capitalism

The Miracle of the Market

By Jacob Hornberger


In preparation for the two recent back-to-back blizzards, D.C. residents were emptying the shelves of neighborhood grocery stores. Notwithstanding the pre-blizzard panic buying, what’s interesting is that no one was freaking out about whether the stores would be adequately stocked after the blizzards.

After all, think about it: there is absolutely no government planning that goes into what is stocked in grocery stores. No federal Department of Food. No local or state planning commission. No grocery boards. No bureaucrats or bureaucracies. No laws requiring grocery stores to be well-stocked. No rules and regulations dictating how much of each food item, including bread, milk, and chicken, needs to appear on the shelves.

So, how in the world do grocery stores get stocked without government planning or direction? How is it that so much food appears, almost by magic, within a day or two after most of the shelves have been emptied? Indeed, how do grocery stores manage to have more than enough food for people throughout the year given that no government department or agency is doing the planning and issuing food directives?

Click here to read the complete article.

  • Share/Bookmark

The Misesian Vision

By Lew Rockwell

But the problem is that the capacity to imagine freedom — the very source of life for civilization and humanity itself — is being eroded in our society and culture. The less freedom we have, the less people are able to imagine what freedom feels like, and therefore the less they are willing to fight for its restoration.

Click here to read the complete article

  • Share/Bookmark

Legalize Competing Currencies

By Ron Paul

We have been on a disastrous course for a long time. The money supply has doubled in the last year, our debt is unsustainable, the value of the dollar is going to continue its drop, and those Americans who understand where we are headed feel helpless and held hostage by foolish policy makers in Washington. When the bills finally come due and the dollar stops working we are in for some real social, economic and political chaos. That is, unless we take some major steps now to allow for a peaceful transition in the future. These steps are laid out in my legislation to legalize competing currencies.

Click here to read the complete article

  • Share/Bookmark

How to Protect Yourself from the Coming Currency Meltdown

Charles Goyette’s recent book The Dollar Meltdown is a fascinating book offering not only a thorough and comprehensive analysis of America’s financial crisis but a common sense approach in how to protect yourself from the inevitable collapse of our currency.

Charles begins with an investigation of how we arrived at our current predicament and tackles the increasingly difficult task of dissecting government’s role in today’s complex economy.   Charles shows his Austrian influence by bringing up common themes familiar to those partial to the Austrian school of Economics, but also does a fantastic job of presenting important aspects to those readers willing to learn and familiarize themselves in the only school that was able to accurately predict the current crisis.   More importantly, Charles discusses money;  it’s origins and what function money serves in today’s economy.  You may think you know what money is, after all it makes the world go round, but what is it really?   Where did it come from, what makes it valuable and how can a country’s currency collapse.  These are the questions that every American must be able to answer and The Dollar Meltdown does an excellent job of presenting this vital information in an easily digestible fashion.

Click here to read the rest of the article.

  • Share/Bookmark

The Case for Ebeneezer

Why the timeless and unforgettable ”Scrooge” may not be the villein after all.

By Butler Shaffer

The case against Ebeneezer Scrooge is nothing more than a well-orchestrated, vicious conspiracy to extort from my client as much of his money as can be acquired through terror, threats of his death, and other appeals to fear. The only happiness that ensued to my client from this campaign arose from the ultimate cessation of terror inflicted upon him. Like the victim of any crime, the termination of wrongdoing offers a momentary relief that can be mistaken for pleasure, but it is an illusion. Such is the only happiness that Mr. Dickens has in mind for my client.

Click here to read the complete article.

  • Share/Bookmark

The First Government Intervention

By Don Cooper

There was once a small village in the heart of country UScalled village A. Village A was the source of a river that flowed to another small village, village B. Both village A and village B had all the fresh water supply that they needed.

There was another village though, village C, that didnt live near a river so they got the government to reroute the river running between village A and village B to run through village C as well. Even though the project was drastically over budget and schedule it was eventually completed and the government was hailed as good and righteous. Unfortunately, the government didnt know that village C sat right on top of a fault line. One day the fault moved and opened up a large hole in the earth right underneath the river cutting off the water supply to both village C and village B.

Click here to read the complete article

  • Share/Bookmark

Aristotle on Private Property and Money

by Murray Rothbard

The views of the great philosopher Aristotle are particularly important because the entire structure of his thought had an enormous and even dominant influence on the economic and social thought of the high and late Middle Ages, which considered itself Aristotelian.

Although Aristotle, in the Greek tradition, scorned moneymaking and was scarcely a partisan of laissez-faire, he set forth a trenchant argument in favor of private property.

Click here to read the rest of the article.

  • Share/Bookmark

The Government’s War on Main Street

by Jake Towne

This talk was originally delivered to a Campaign of Liberty chapter on December 3, 2009.  Video will be available shortly.

Today President Obama will tour Allentown, Pennsylvania, in my home congressional district as part of a “Main Street Tour” to show his concern for economic plight of the masses. Many of the people I have spoken with while campaigning innately realize that government is at fault — or at least complain a lot about how the government should “fix” the economy. Unfortunately, many do not have enough of a grasp of economics to understand exactly how the government is ruining their lives and their childrens’ lives. Speaking for myself, about 2 years ago I would have been included in this category. This is no surprise as most of the press and educational system has been hijacked by the disciples of Lord Keynes (the Keynesians) and the socialist Karl Marx for the past century.

Click here to read the rest.

  • Share/Bookmark

The Morals of Human Cooperation

By Bettina Bien Greaves

In this age of permissiveness, when everyone is encouraged “to do his own thing” and few see any urgency in respecting the rights of others, it is a rare philosopher who recognizes that the consistent adherence to a set of ethical rules promotes social cooperation and benefits everyone in society.

Click here to read the complete article.

  • Share/Bookmark

Conservative or Liberal: Pick Your Poison

By Timothy Baldwin

Calling All Freedomists

Conservative or Liberal: Pick Your Poison

Human nature and history teach us that political labels are used to influence society to accomplish a certain political end. Many times, words used to describe original principles are somehow conquered or hijacked and then proclaimed to be a part of those original principles, but are realistically far from them. As I was growing up, I remember thinking this: “‘liberal’ equals bad and ‘conservative’ equals good.” “Conservative” was proposed to be a word purely describing the principles believed and proclaimed by America’s founding fathers. “Liberal” was proposed to describe those whose only goal was to bring Americans under the control and dominion of the federal government. As it turns out, these words and descriptions were not only misleading and narrow-minded in their application, but they were also incorrect in their origin. Today, neither “conservative” nor “liberal” accurately describe the philosophy and principles they purport to advocate. Consequently, freedom suffers because of America’s ignorance of and infatuation with these labels, contrary to George Washington’s warning of this very tragedy.

Click here to read the rest of the article.

  • Share/Bookmark