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The Spanish philosopher, George Santayana (1863-1952) is usually credited with the phrase, “Those who cannot remember the past are condemned to repeat it.” Nowhere is this truer than with the renewed idea and demand for the establishment of a socialist economic system. → Read More
The Murray N. Rothbard Memorial Lecture, sponsored by Helio Beltrão. Presented at the Austrian Economics Research Conference at the Mises Institute in Auburn, Alabama, on 23 March 2018. → Read More
Anyone reading the news and especially the political “liberal” and conservative commentaries might easily conclude that he is living in a world of two parallel political universes. → Read More
Some in the news media and editorial page pundits are aghast that many of President Donald Trump’s executive orders and legislative proposals sent off to the United States Congress represent an attempt to undue the presidential “legacy” of Barack Obama. The question is, wh → Read More
Politically we seem to be living in some trying times. The political polarization, as captured in the mainstream news media, appears to be intensifying with even acts of destructive violence on the streets and campuses of American cities. → Read More
Very often bad and failed ideas do not die, they simply reappear during periods of supposed social and political crisis in slightly different intellectual garb, and offer “solutions” that would merely help to bring about some of the very types of crises for which they once again claim → Read More
One of the leading policy guideposts for central banks and many monetary policy proponents nowadays is the idea of “inflation targeting.” Several major central banks around the world, including the Federal Reserve in the United States, have set a goal of two percent price inflation. → Read More
The current counter-revolution against liberty is being fought on a number of fronts in American society. → Read More