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Tag Archives: Featured

The Fear Of Terrorism Is Destroying Our Freedom

Reprinted from EpicTimes The year that is just closing, 2015, has been full of events that continue to dominate the news, including renewed racial tensions on the streets of American cities, growing fears about terrorist attacks on the territory of the United States, and one of the most fear-focused presidential campaign seasons in living memory. Through it all there is one underlying thread that is not always given the attention it deserves: the increased political straightjacketing and...

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Why the Worst Get on Top

[An excerpt from Chapter 10, Road to Serfdom (University of Chicago Press, 1944)]  Reprinted from FEE.org All power corrupts, absolute power corrupts absolutely. Lord Acton We must now examine a belief from which many who regard the advent of totalitarianism as inevitable derive consolation and which seriously weakens the resistance of many others who would oppose it with all their might if they fully apprehended its nature. It is the belief that the most repellent features of the...

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What if Justin Bieber Was the State?

Reprinted from Liberty.me At his recent Atlanta concert (yes, I was there and loved it) Justin Bieber was amazing but also his usual petulant self. He asked for a microphone stand. The adjustment mechanism on it broke. He became frustrated and hurled it across the stage. A crew member came over to fix it. “Why don’t you get me a new one before you fix the broken one,” barked Justin into the microphone so that everyone could hear. He finally began the song but cut it early. “I forgot the last...

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The Perils of Fed Gradualism

Reprinted from Project Syndicate By now, it’s an all-too-familiar drill. After an extended period of extraordinary monetary accommodation, the US Federal Reserve has begun the long march back to normalization. It has now taken the first step toward returning its benchmark policy interest rate – the federal funds rate – to a level that imparts neither stimulus nor restraint to the US economy. A majority of financial market participants applaud this strategy. In fact, it is a dangerous mistake....

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Debunking Anti-Gold Propaganda Part 2

Republished from InternationalMan.org “Gold costs you insurance and storage.” This is arguably true. But it’s really a sophistic misdirection to which many people uncritically nod in agreement. You may very well want to insure and professionally store your gold. Just as you might your jewelry, your artwork, and most valuable things you own. It’s even true of the share certificates for stocks you may own. It’s true of the assets in your mutual fund (where you pay for custody, plus a management...

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Debunking Anti-Gold Propaganda Part 1

Reprinted from InternationalMan.com A meme is now circulating that gold is the investment equivalent of a pet rock, and that the smart investor should sell gold, and buy stocks. That’s a ridiculous notion. In fact, if you believe in buying low and selling high, this is the time to buy gold, and sell stocks. It pays to remain as objective as you can be when analyzing any investment. People have a tendency to fall in love with an asset class, usually because it’s treated them so well. We saw...

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The Hoverboard’s Patent Problem

Reprinted from Anything Peaceful Shane Chen of Portland, Oregon, owns the patent to one of the hottest holiday gifts this season. It is a kind of hoverboard, a small item that keeps its user upright using infrared sensors, gyroscopes, and motors. You have probably seen them all over your city. You might even have been approached by a street seller. The authorized version — licensed by Chen himself — is being made and distributed by Razor USA. Prices started at $1,000 and up, but competition...

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The Causes of the Revolution of 1776

Retreat at Long Island. Engraving by J.C. Armytage from painting by M.A. Wageman. [Our Enemy, the State (1935)] Reprinted from Mises.org It was said at the time, I believe, that the actual causes of the colonial revolution of 1776 would never be known. The causes assigned by our schoolbooks may be dismissed as trivial; the various partisan and propagandist views of that struggle and its origins may be put down as incompetent. Great evidential value may be attached to the long line of...

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Why the Fed will never succeed

Reprinted from GoldMoney.com The Fed will never succeed in its attempt to manage inflation and unemployment by varying interest rates. This is because it and its economists do not accept the relationship between, on one side, the money it creates and the bank credit its commercial banks issue out of thin air, and on the other the disruption unsound money causes in the economy. This has been going on since the Fed was created, which makes the question as to whether the Fed was right to raise...

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The Hitchhiker’s Guide to Charity

Reprinted from the Freeman His gaze flicked over my backpack. “You have to put that in the back,” he said. “I don’t know if you have a knife in there.” If I knew then what I know now, I would never have gotten into that blue Pontiac. By that time, I’d hitchhiked thousands of miles with hundreds of different drivers, and they were almost universally welcoming and friendly. After all, they were voluntarily — charitably — offering to share their vehicle with a stranger. But I did not yet...

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