“No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.” – Ludwig von Mises, in his book, Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses.
Category: Liberty
The Fringe is Marginal no More
“Yes, we do, because the fringe is marginal no more.” – George Will, in a 1995 column. I first read this quote on January 1, 1995 as Washington, D.C. was preparing to swear in the first Republican majority in the U.S. House in 40 years that would join the existing Republican majority in the U.S….
Let’s Break Up Tiger Woods
In the aftermath of Tiger Woods’ dominant victory in the recent American Express Championship golf tournament, a number of Wood’s competitors announced they will be asking the U.S. Department of Justice to file suit seeking the breakup of Woods for violating federal antitrust laws. “He’s dominating the game,” said Adam Scott, who finished second, eight…
Inflation, Money Creation, and the Gold Standard
“In a social order that is entirely founded on the use of money and in which all accounting is done in terms of money, the destruction of the monetary system means nothing less than the destruction of the basis of all exchange.” – Ludwig von Mises, The Theory of Money and Credit, p. 202. In…
Economic Freedom and Quality of Life
http://www.youtube.com/watch?v=v1U1Jzdghjk&feature=player_embedded
Today’s Digest
The Right Kind of Bright in Your Eyes Doug Wilson gave the commencement speech to the graduating class of New Covenant Schools. Lots of good stuff, here is a sample: Scripture teaches us that to the pure all things are pure. To the defiled, all things are defiled. The principle can and should be extended….
Happy 100th Birthday Ronald Reagan
“I never thought it was my style or the words I used that made a difference: it was the content. I wasn’t a great communicator, but I communicated great things.” – Ronald Reagan, in his Jan. 11, 1989 farewell address to the American people (text) “The biggest misunderstanding about Reagan’s political life is that he…
TX v. CA – Texas Wins Again: Less Taxes and Spending Lead to Economic Growth
The Texas Public Policy Foundation released some great research today by Dr. Art Laffer explaining why Texas is doing so much better than California—or just about anybody else for that matter. In case you didn’t know, it is because we have lower taxes, spend less and regulate the economy less than most other states. No…
ABC Shows Obama Wrong on Tax Cuts!
National Review and the Contract
Why in the world would National Review say that, “Republicans ought to promote new energy technologies in order to reduce the risks of global warming?” I can’t think of a good reason. Yet that is exactly what it does in an article by Ramesh Ponnuru, “Contractual Obligations,” that discusses the need for a new “Contract…