[This article was originally published on LewRockwell.com in 2003 .] If gold is to be re-monetized, then this must mean that it has been de-monetized. But isn’t gold money? No, gold is not money. It has not been money for Europeans since 1914, when the commercial banks stole it from depositors at the outbreak of World War I, and central banks then
Prime Minister May says that she has reached an agreement with the European Union. The agreement is 585 pages long. Every time politicians vote to implement a 600-page document that was written by high-level bureaucrats, the liberties of the citizens of that nation decline. The devil is in the details, and there are a lot of details for the devil
This is a simple video, cheap to produce, and free to post. It is about the fact of its own existence. The talking head is the remarkable investigator James Corbett. We are witnessing an incomparable transformation of world civilization, and we barely recognize it. We are too busy to recognize it. We are hard-pressed to think through the
“It’s kind of hard to sell ‘trickle-down,’” he [David Stockman] explained, “so the supply-side formula was the only way to get a tax policy that was really ‘trickle-down.’ Supply-side is ‘trickle-down’ theory.” [William Greider, “What David Stockman Said,” Washington Post ( Nov. 22, 1981 ) During the Eisenhower administration, critics of the
In every field, there are many unexplored or partially explored issues that may turn out to be important. But, in all likelihood, they are dead ends. I compare this pursuit to an inventor who has an idea that a particular line of inquiry will lead to a major discovery. He may be correct, but he probably is incorrect. Most inventors are part-time
In October 1962, I was given a lifetime advantage: a copy of Murray Rothbard’s Man, Economy, and State . In the language of journalism, it was hot off the presses. It had just been published. I was sent a copy by F. A. Harper, known as Baldy, who was not bald. At the time, he ran the Institute for Humane Studies. Until early that year, he had
[Este artículo se publicó originalmente en LewRockwell.com en 2003 ]. Si el oro va a ser remonetizado, entonces esto debe significar que ha sido desmonetizado. Pero, ¿no es el oro dinero? No, el oro no es dinero. No ha sido dinero para los europeos desde 1914, cuando los bancos comerciales se lo robaron a los depositantes al estallar la Primera
El primer ministro May dice que ha llegado a un acuerdo con la Unión Europea. El acuerdo es de 585 páginas. Cada vez que los políticos votan para implementar un documento de 600 páginas escrito por burócratas de alto nivel, las libertades de los ciudadanos de esa nación disminuyen. El diablo está en los detalles, y hay muchos detalles para que el
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.