In the summer of 2020, the Smithsonian Institution created a chart meant to condemn what it calls “whiteness,” and it listed a number of characteristics it claimed were essential to “white culture.” Among the so-called characteristics it described in pejorative terms was delaying gratification, or saving for the future, what Austrian economists would call low time preference. The chart, which was withdrawn after widespread protest, sought to identify the...
Read More »Due Process or Transgender Protection on Campus?
President Biden's executive order to promote transgenderism on college campuses eviscerates long-held due process protections for accused students. This will not end well. Original Article: "Due Process or Transgender Protection on Campus?" [embedded content] Tags: Featured,newsletter
Read More »Did the US Steal Cherokee Land?
In a recent lecture on her new book, Redressing Historical Injustice: Self-Ownership, Property Rights and Economic Equality, Wanjiru Njoya challenged current calls among some indigenous groups for “land justice” to redress the alleged historical injustices of European colonization. Drawing from Murray N. Rothbard’s book The Ethics of Liberty, Njoya outlined a set of guideposts for determining the actual justice of such claims with reference to South Africa. As...
Read More »Canada’s Housing Boom Was a Bubble. Now Comes the Bust
Like the USA, Canada has had a central bank–fueled housing boom. Like all other booms, it also has an inevitable ending. Original Article: "Canada’s Housing Boom Was a Bubble. Now Comes the Bust" [embedded content] Tags: Featured,newsletter
Read More »Neither Red nor Blue, but Free
The real issue we face is not whether we should be in the red tribe or the blue tribe, but rather what will be the constituency for freedom. Original Article: "Neither Red nor Blue, but Free" [embedded content] Tags: Featured,newsletter
Read More »Rothbard Was Right: Wars Don’t Enhance Freedom. They Destroy Liberty.
We hear ad nauseum from political and media elites that the war in Ukraine is about preserving "our freedoms." Murray Rothbard had something to say about this sophistry. Original Article: "Rothbard Was Right: Wars Don't Enhance Freedom. They Destroy Liberty." [embedded content] Tags: Featured,newsletter
Read More »Expecting Rate Cuts
After a long series of rate hikes, Fed officials and asset markets are expecting a long series of interest rate cuts. This is based on the tried and hue Phillips Curve analysis. In color theory, "hue" is the technical appearance of color that can be described mechanically as a number. Let's hope interest rate expectations are not being distorted by other factors of reality, and that current Phillips Curve model perceptions of hue are also true. Be sure to...
Read More »The US Followed a Policy of Foreign Intervention Long before World War II
In history classes (in public or private schools, colleges, and others), state propaganda, and mainstream history, a historical fiction has been spun that allegedly debunks any notion of noninterventionism. This is the myth of American isolationism. The assertion usually goes that America was extremely isolationist prior to World War I and had no interest in involving itself in unnecessary warfare. After the Zimmermann telegram was sent, America was then forced to...
Read More »The Brutality of Slavery
[This article is excerpted from Conceived in Liberty, volume 1, chapter 6, "The Social Structure of Virginia: Bondservants and Slaves". An MP3 audio file of this article, narrated by Floy Lilley, is available for download.] Until the 1670s, the bulk of forced labor in Virginia was indentured service (largely white, but some Negro); Negro slavery was negligible. In 1683 there were 12,000 indentured servants in Virginia and only 3,000 slaves of a total population of...
Read More »ESG: Another Fraudulent Hustle That Progressive Elites Have Foisted on the Economy
In their attempts to remake the economy, progressive elites are pushing ESG. What they forget is that the economy runs on real things, not ideology. Original Article: "ESG: Another Fraudulent Hustle That Progressive Elites Have Foisted on the Economy" [embedded content] Tags: Featured,newsletter
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