The Success of Socialist Newspeak
The socialists have engineered a semantic revolution in converting the meaning of terms into their opposite. In the vocabulary of their “Newspeak,” as George Orwell called it, there is a term “the one-party principle.” Now etymologically party is derived from the
How the “Bourgeois Deal” Enriched the World
Leave Me Alone and I’ll Make You Rich: How the Bourgeois Deal Enriched the Worldby Deirdre Nansen McCloskey and Art CardenUniversity of Chicago Press, 2020xvii + 227 pages McCloskey and Carden endeavor to explain one of the most striking facts of
Benjamin Boyce on the Evergreen State Protests and Lessons for America
Benjamin Boyce is a writer, interviewer, and filmmaker who rose to fame by relaying his experiences as a student during the infamous Evergreen State protests in 2017. He talks with Bob about the lessons we can learn as the rest
Joshua Greenberg on Antebellum Paper Money
Alerted by a tweet by him, I recently listened to a December 2020 C-SPAN talk, on "Paper Money in Antebellum America," by historian Joshua Greenberg, the author of Bank Notes and Shinplasters: The Rage for Paper Money in the Early
Economic Prosperity Is a Prerequisite for All Other Kinds of Prosperity
Both Ludwig von Mises and Abraham Maslow understood that unless we first secure the benefits of economic progress, it becomes impossible to pursue higher human wants and needs. Original Article: "Economic Prosperity Is a Prerequisite for All Other Kinds of Prosperity" This
Yield Curve Control: Bubbles and Stagnation
Central banks do not manage risk, they disguise it. You know you live in a bubble when a small bounce in sovereign bond yields generates an immediate panic reaction from central banks trying to prevent those yields from rising further.
February Money-Supply Growth Hit Yet Another All-Time High.
In February, money supply growth hit yet another all-time high. February's surge in money-supply growth makes February the eleventh month in a row of remarkably high growth, and came in the wake of unprecedented quantitative easing, central bank asset purchases, and various stimulus packages. During February 2021, year-over-year
Shays’s Rebellion: Catalyst for the Counterrevolution
[Chapter 11 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] Massachusetts suffered particularly from the economic aftermath of the Revolutionary War as its fisheries trade was cut off and its exports to the West Indies were sharply
Europe’s Vaccine Programs Are About As Successful As their Lockdowns
For many months, the governments of European Union have made it clear they view the distribution and administration of a covid-19 vaccines as a public policy priority. Whatever one may think of the vaccines, the fact remains Europe’s regimes think
Real Savings Are at the Heart of Lending
After climbing to 12.2 percent in April last year, the yearly growth rate of combined commercial bank real estate and consumer and business loans plunged to –2.6 percent in early March. For most commentators an important factor in setting economic prosperity in motion is