This video comes to us from a reader. It’s a couple years old but it offers some illumination of the goings on in Brussels. It’s a pretty shady set up. Plus I can’t resist a video which features a parliamentarian citing Rothbard.
But who will build the roads?!
A: The road companies.
Another dose of market white lightning from the master.
Murray N. Rothbard explains in 3 minutes why it is that when economic downturns happen the government should just get out of the way. Let prices correct, the pain will be short and sharp but then life will go on, typically in a more prosperous manner.
Another libertarian political thought video. Roderick T. Long discusses Murray Rothbard’s examination of where libertarianism falls on the political spectrum (of his time) Left, Right, or elsewhere.
Given the fairly nuanced discussions which sometime happen on this site exploring what constitutes “fascism,” “socialism,” “freedom,” “liberty,” etc. I thought this speech would be of some value to our wonkier readers.
This is where things are going. Not a wish or hope. Opportunity.
By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA and other intelligence operations are under control of the Congress. They are accountable: a Congressional committee supervises these operations, controls their budgets, and is informed of their covert activities. It is true that the committee hearings and activities are closed to the public; but at least the people’s representatives in Congress insure some accountability for these secret agencies.
It is little known, however, that there is a federal agency that tops the others in secrecy by a country mile. The Federal Reserve System is accountable to no one; it has no budget; it is subject to no audit; and no Congressional committee knows of, or can truly supervise, its operations. The Federal Reserve, virtually in total control of the nation’s vital monetary system, is accountable to nobody – and this strange situation, if acknowledged at all, is invariably trumpeted as a virtue. – Murray Rothbard from (the original) Case Against the Federal Reserve
I actually posted a short clip of Murray Rothbard the other day as part of a post on Ayn Rand and since I’ve been on a bit of a Rothbard kick. He was an amazing political and economic theoretician and if you are not familiar with the man you should be. He is arguably the single most influential libertarian economist ever.
This video is from March of 2012 at the Mises Institute. In it Hunter explains why it is that the current economic regime is fundamentally corrupt and what to do about the situation.
In a September 11 Bloomberg article, economist Noah Smith claims that John Maynard Keynes, the architect of today’s government economic policies around the world, wasn’t a “‘socialist’” or even a “‘progressive.’” He did not favor “a command economy.”
Yes he “was in favor of some amount of wealth redistribution and government intervention into the economy.” But “Keynesian policies are fundamentally … about economic stability,… about smoothing out the fluctuations in the economy, reducing risk for everyone concerned.”
Dr. Paul introduced a truly small government philosophy to millions. The unassuming doctor from Texas, a Congressman long in the intellectual wilderness but consistent in message, has had arguably as much impact in this young century on American politics as any other American political figure. Politics is different today, and I would argue very much better, for Paul’s evangelizing.
Attached is a a bit of market based white lightning. It’s not for everyone.
The attached article comes from John Stossel who was at the International Students for Liberty conference this past weekend in Washington DC. I was there too, and John is right. Millennials are absolutely oriented toward liberty, much more so than their parents, that is for sure.