Paul Krugman's article The Renminbi Runaround in the June 24th edition of The New York Times is not only diplomatically insensitive: it also lacks economic justification. The United States, with its unprecedented debt, is hardly in a position to le...
General McChristal spoke out of line, though perhaps truth to power. Yet hasn't the American military been mislead into thinking that it is the answer to most of our problems? In which case his conduct may well be quite understandable, even a prelu...
I no longer recall whether I chose philosophy as the discipline I wanted to explore because of some puzzles I encountered or whether I found the puzzles in the field once a got to do work in it. I think it is the former since I recall some odd questio...
This potential move gives the deflation versus inflation debate a new perspective. We have written in the past that we had questions about the Great Depression based on conflicting opinions of Murray Rothbard, Milton Friedman et. al. Living through the...
This is startling news. We will explain. First of all, the reality of Al Qaeda is fairly tenuous. It may stem from a "list" of Arab militant activists that the CIA kept in the 1980s and 1990s. Second, without state funding there cannot really...
The Daily Bell is pleased to present an exclusive interview with Dr. Paul Gottfried. Dr. Gottfried is Raffensperger professor of Humanities at Elizabethtown College (PA) and a Guggenheim recipient. He is an adjunct scholar of the Mises Institut...
One of the hoariest dominant social themes or sub themes promoted by the power elite is that government can create jobs. It is possibly a sub theme because the dominant theme is simply that "government can do it all." In fact, the only things...
We have written about Rand Paul in the past expressing some hesitation about the race he is running. We wondered if he would have done better to use his hard-fought platform as a bully pulpit to educate the public about free-market themes instead of ap...
On the surface it seems shocking that a nation would sell off parts its physical environment because of public sector debts. But this has been going on for a long time in impoverished nations. First profligate nations are lent a lot of money by private...
The more arcane the language, the more opaque the actual stimulative occurrences, the less people understand. That's the point of course. The average person should know only that tremendous and substantive efforts are being made by extremely intell...