Join our mailing list

* indicates required

Liberty and Power

first 12 13 14 15 16 17 18 19 20 21 last


  • Occupying Wall Street

    by Sheldon Richman

    Government power ultimately will be influenced and controlled by those whom the occupiers despise. So, protesters, rail against Wall Street. But rail, too, against its indispensable partner – government, with its unique legal power to wield aggressive force – and realize that the genuine antipode of the system you oppose is the freed market. The rest of TGIF: Occupying Wall Street is here.

  • Defend Academic Freedom at the University of Wisconsin-Stout

    by David T. Beito

     

    One of the worst violations of academic freedom in many years is now occurring at UW-Stout. See here.

    Campus police, backed up by spineless administrators, tore door a poster from the door of Professor James Miller in the Department of Theater featuring a quotation from the popular series, "Firefly." In response, Miller put up another poster (shown above) with another quotation from the series. The police also tore it down.

    Although Miller is getting full backing from the Foundation for Individual Rights in Education (FIRE), he needs reinforcements. A chilling effect has already taken place among many UW-Stout faculty who, rather than showing support for Miller, are now removing anything "controversial" from their doors.

    The best place to start, in my view, is to start calling each member of the Board of Regents of the UW System.  Here are their numbers. You can also call , Paul Stauffacher , the chair of the Theater Department and urge him to back his colleague.


  • Richard Cobden's "I Had A Dream" Speech

    by Wendy McElroy

    Hat tip to David Hart who refers to the following quote as classical liberal Richard Cobden's "I had a dream" speech.

    COBDEN: But I have been accused of looking too much to material interests. Nevertheless I can say that I have taken as large and great a view of the effects of this mighty principle as ever did any man who dreamt over it in his own study. I believe that the physical gain will be the smallest gain to humanity from the success of this principle. I look farther; I see in the Free-trade principle that which shall act on the moral world as the principle of gravitation in the universe,—drawing men together, thrusting aside the antagonism of race, and creed, and language, and uniting us in the bonds of eternal peace. I have looked even farther. I have speculated, and probably dreamt, in the dim future—ay, a thousand years hence—I have speculated on what the effect of the triumph of this principle may be. I believe that the effect will be to change the face of the world, so as to introduce a system of government entirely distinct from that which now prevails.


  • Israeli Foreign Minister Wants Palestinians Punished

    by Sheldon Richman

      From the Middle East Monitor, September 22:   Israel's Foreign Minister has warned Benjamin Netanyahu that the governing coalition will fall part if the Prime Minister doesn't take punitive measures against the Palestinian Authority for its decision to bid for independent statehood at the United Nations.

  • Peace Prize-Winner Obama Savages Somalia

    by Sheldon Richman

    A human catastrophe is taking place in Somalia, the result of drought, famine — and the savage war conducted by the Obama administration, complete with a CIA training facility and prison....

    The catastrophe is often attributed to natural conditions, but neighboring areas are not experiencing the same threat.

    The difference is Obama’s war. In the guise of fighting terrorism the U.S. government, beginning under George W. Bush and continuing with a vengeance under the Nobel Peace Prize-winning Obama, has turned Somalia into a hellhole. If Americans knew what was happening in their name, they would hang their heads in shame. Or would they?

    Read the full op-ed: "Peace Prize-Winner Obama Savages Somalia" here.


  • Ron Paul Must Win

    by Keith Halderman

    On September 9th Sheldon Richman put up a post, Ron Paul and Immigration: A Speculative Theory, that reminded me very much of some conversations I took part in back when I was very active with the Montgomery County Maryland Libertarian Party. They revolved around the issue, were we a real political party or just a glorified debating society. At the time that was a legitimate question because our candidates had no chance of winning power and gathering 3% of the vote was considered a good outing. It is different with Ron Paul he can and must win the presidency in 2012. He is the only one running who will take us off the road to serfdom before it becomes too late to change our direction without massive suffering or even bloodshed.


  • Ron Paul MUst Win

    by Keith Halderman

    On September 9th Sheldon Richman put up a post, Ron Paul and Immigration: A Speculative Theory, that reminded me very much of some conversations I took part in back when I was very active with the Montgomery County Maryland Libertarian Party. They revolved around the issue, were we a real political party or just a glorified debating society. At the time that was a legitimate question because our candidates had no chance of winning power and gathering 3% of the vote was considered a good outing. It is different with Ron Paul he can and must win the presidency in 2012. He is the only one running who will take us off the road to serfdom before it becomes too late to change our direction without massive suffering or even bloodshed.


  • Limbaugh’s Creative Accounting

    by Sheldon Richman

    I understand Rush Limbaugh has nominated George W. Bush for the next vacancy on Mount Rushmore because “the United States” has not been attacked since 9/11.  Okay, if you ignore the fact that more Americans have been killed in aggressive foreign wars since 9/11 than were killed on the day the World Trade Center and Pentagon were hit and that Osama bin Laden got what he was after: American imperial overreach and a financial hemorrhage that won’t be stanched.  


  • Influential Financial Economist Turns to Austrianism

    by Robert Higgs

     

    Thomas Mayer is the chief economist of Deutsche Bank Group and head of Deutsche Bank Research. He has an impressive background as a highly placed analyst in major private and public financial institutions. Which is to say, when he speaks, people are much more likely to pay attention and to give weight to what he says than they are when those of us on the lunatic fringe spout off.

    So, it is an event of considerable note that Mayer has recently given a speech in which he roundly condemns the major macroeconomic theories embraced since the 1930s and the government policies that have flowed from them.


  • NPR Morning Hit Piece on Ron Paul (Another Reason to Defund "Public Radio")

    by David T. Beito

    NPR ruined my morning drive.  In typical fashion, it's morning blow-by-blow summary of the debate ignored Ron Paul (aside from a very brief mention that he was booed).  The focus was on Romney and Perry and Michelle Bachmann (who Paul now leads in national polls).   This was to be expected.  A reporter for NPR then hit a new low, however, in the post-debate interviews when he baldly stated that Paul had said that U.S.


  • One More Time: Consumption Spending HAS Already Recovered

    by Robert Higgs

     Commentators and pundits, some of whom ought to know better, continue to harp on the idea that the recession persists because consumers are not spending. Every Keynesian seems to believe that because consumers are in a dreadful funk, only government stimulus spending can rescue the moribund economy, given (to them, at least) that investors will not spend more because the Fed, having already driven interest rates to extraordinarily low levels, cannot use conventional policies to drive them any lower and thereby elicit more investment spending.

    People, please look at the data. They are conveniently available to one and all at the website maintained by the Commerce Department’s Bureau of Economic Analysis, the outfit that generates the national income and product accounts for the United States.

    According to these data, real personal consumption expenditure recovered from its recession decline by the fourth quarter of 2010.


  • It Makes One's Head Spin

    by Sheldon Richman

     

    President Obama’s jobs program calls for cuts in both sides of the payroll tax. That tax finances Social Security and Medicare. Social Security and Medicare are already taking in less money than they need to pay retirees. So they will have to cash in more of the Treasury IOUs left behind when previous surpluses were used to finance general expenditures. But the Treasury is also already running a trillion-dollar-plus deficit. So it will have to borrow more in the capital markets in order to pay back the Social Security and Medicare funds. Unless Obama makes up the lost revenue by changing the tax code. But then money will be withdrawn from the economy in the form of higher taxes so it can be put back into the economy through the payroll-tax cut. Somehow that’s supposed to stimulate the economy.

    Got all that? There’ll be a quiz later.


  • Ron Paul & Immigration: A Speculative Theory

    by Sheldon Richman

    Ron Paul’s position on what I’ll call unauthorized immigration—or immigration sans government permission--is indeed strange. He calls for “secure borders” but opposes employer sanctions, Real ID, and a border wall (which he says could be used to keep people in as well as out). He also minimizes the importance of unauthorized immigration by saying it wouldn’t be such an issue if the economy were healthy (people are worried about jobs now) and the welfare state didn’t exist.

    That odd mix leads me to wonder if Ron Paul is actually for open borders but doesn’t want to say it. (He was for open borders when he was the Libertarian Party nominee for president in 1988.) True, there are arguments against my speculation. His website says, “A nation without borders is no nation at all,” he’s against birthright citizenship, and he opposes amnesty, which it claims “will only encourage more law-breaking.” (I oppose amnesty too. There’s no need to forgive people for doing what they have a perfect right to do.)

    But can one really be against unauthorized immigration if one opposes steps that seem necessary to even begin to stop it? Who wills the end, wills the means, it is said.


  • Labor Day: Not What You Think

    by Sheldon Richman

    Thaddeus Russell, author of A Renegade History of the United States, has the lowdown on Labor Day here. It's not what you think. Clue: President Grover Cleveland, who sent the military to Illinois, over objection of the governor, to break the Pullman strike, signed the bill. (Several workers were killed "at the hands of the U.S. military and U.S. Marshals."
    [Cleveland] and its sponsors intended it not as a celebration of leisure but as a promotion of the great American work ethic. Work, they believed, was the highest calling in life, and Labor Day was a reminder to get back to it.
first 12 13 14 15 16 17 18 19 20 21 last