What central banks should do?
Gary has very clear advice: nada de nada.
Tags: central banks, freedom, Gary North, liberty, links, money, politicsGary has very clear advice: nada de nada.
Tags: central banks, freedom, Gary North, liberty, links, money, politicsGo and check this out The U.S. vs. John Lennon. A well-made documentary that shows the other side of John Lennon that focused on social and political issues. The official web-site.
Tags: action, coercion, freedom, ideas, John Lennon, liberty, links, politics, power“The intrusion of politics into the field of economics is simply an evidence of human ignorance or arrogance, and is as fatuous as an attempt to control the rise and fall of tides. Since the beginning of political institutions, there have been attempts to fix wages, control prices, and create capital, all resulting in failure.”
Frank Chodorov from The Rise and Fall of Society.
Chapter 6: The Humanity of Trade.
Tags: books, coercion, consumism, control, economics, Frank Chodorov, ignorance, labour, links, politics, protectionism, trade“Dillon, Read & Co. Inc. and the Aristocracy of Prison Profits” is a good case in point how the law is turned into a business driven by high level politics.
The Dunwalke-website puts it another way: “Make a law, make a business.” — Old New Jersey street saying.
See also Rothbard’s brief outlook of Wall Street, Banks, and American Foreign Policy.
Tags: books, democracy, links, Murray Rothbard, politics, powerFor many the government is the only option available when one is talking about defence. This does not need to be the case. Get convinced by reading an excerpt from Murray Rothbard’s Power & Market (pdf).
Tags: books, defence, economics, ethics, freedom, liberty, links, Murray RothbardAn interesting article about Jean-Baptiste Say by Amadeus Gabriel:
Thus, society could work without government management if people carried out their business and let other people carry out their business at the same time. Say underlines his position by giving some historical examples. Writing in 1819, he observes that at times during the previous thirty years, France had found itself in a situation in which all the authorities were suddenly halted. In these critical moments, no government was at all existent. And what does Say observe? During these periods, the essential functions of the social body could not have been carried out in a better way: everything worked, better than would have normally been the case. Say states that the worst occurred in times when people were too much governed.
Tags: coercion, Jean-Babtiste Say, links, societyHow do you like it when someone is exchanging nothing for something?
Kings did it in the past and we are doing it at the moment in massive scale as well.
Money and Inflation: The Tendency to Deny Reality by Frank Shostak.
Tags: books, Frank Shostak, inflation, links, moneyMost of the developed countries have state pension systems that are dependent on annual tax revenues. This system based on false promises and illusions is something that will not last forever. Watch out and read Oskari Juurikkala’s article about Old-age Security Without the State.
Tags: links, Oskari Juurikkala, pension, taxOur current societies involve a third party called government that is authorised to incur into any violent actions and force in order to protect its citizens. However just by watching the news it’s nothing new to realise that these powers are also used against the very people who give them to its agent, the state.
A life without a state above its people is possible and here’s an excellent excerpt from Murray N. Rothbard’s The Ethics of Liberty about The Right to Self-defense.
Tags: actions, books, ethics, freedom, liberty, links, Murray Rothbard, power, self-defense