Tag Archive: newsletter

No, Flock Is Not Really a Private Company

The term that best describes the CEO of the "private" company Flock is "parasite" or "plutocrat" or "welfare queen" because his "business model" is simply finding ways to exploit the taxpayers.

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The Jerusalem Post Calls for More More Americans to Enlist – to Die for Israel

The JP calls for the US taxpayer to pay a "debt forgiveness for military service" program to enlarge the US's standing army. The whole point being to further subsidize the state of Israel.

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Nestle to sell vitamins business for $1 billion

Swiss food manufacturer Nestlé plans to sell its mainstream vitamins and supplements business to United States private equity firm Yellow Wood Partners for $1 billion. The move comes as Nestlé CEO Philipp Navratil tries to streamline and turn around the Swiss foodmaker. The deal includes brands such as Nature’s Bounty, Osteo Bi-Flex and Puritan’s Pride …

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Local energy cooperatives are expanding in Switzerland

According to the solar energy industry association, the model for local electricity cooperatives, which was introduced in Switzerland at the start of the year, has been a success. After just six months, there are already around 1,800 such cooperatives across Switzerland, as shown by an initial estimate from Swissolar. The figures are based on a …

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Libertarians and Political Action

Libertarians would like to see the abolishment of the state altogether, but that is not likely in the near future. So, what political actions do libertarians do while the state still has power? Murray Rothbard had some thoughts on that.

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Appendix A: Minor Remedies Proposed

Public works as a cure for unemployment: proposed, debated, and defended with arguments that would sound familiar a century later.

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Chapter VII. Conclusion

The familiar story pits western farmer-debtors against eastern merchant-creditors. Rothbard's evidence says the story is wrong.

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Chapter VI. The Movement for a Protective Tariff

Mass unemployment gave the protectionists their best argument in a generation, and they nearly won.

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Chapter V. Restricting Bank Credit: Proposals and Actions

Years before the English currency school made it famous, Americans were arguing for one hundred percent reserves, and some wanted banking abolished outright.

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Chapter IV. Proposals for National Monetary Expansion

Before the Federal Reserve, before the greenback, American writers were already designing a managed national paper currency, and arguing it could be more stable than gold.

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Chapter III. State Proposals and Actions for Monetary Expansion

Four western states answered the shortage of money by printing their own, and watched it depreciate in their hands.

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Chapter II. Direct Relief of Debtors

They borrowed when prices were high and had to repay when prices were low. Should the legislature rescue them, or would rescue only deepen the ruin?

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Chapter I. The Panic and Its Genesis: Fluctuations in American Business, 1815–21

A wartime boom, a flood of bank paper, a speculative rush for western land, and then the reckoning.

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Preface

America's first great depression arrived without a villain: no embargo, no war, no single blundering minister to blame. It seemed to rise out of the economy itself.

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The Philosophical Contradictions of Democratic Socialism

Democratic socialists claim they can painlessly transform the US economy into one where no one has debt, housing and medical care is free, and the state meets everyone's needs. Their ideas are internally incoherent.

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The High Cost of the Automated Flock-Camera Surveillance State

The future of Flock cameras: left the house during a pandemic lockdown? Expect a summons in the mail. Exceeding your "carbon footprint" by driving too much? Expect a ticket in the mail.

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Get Your Free September Rothbard Giveaway, Economic Depressions: Their Cause and Cure

To celebrate The Year of Rothbard, we’re giving away some of his most radicalizing and influential books. Get your copy of our September offering, Economic Depressions: Their Cause and Cure, before September 30.

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Investors tepid on Partners Group management reshuffle

Swiss investment house Partners Group has reshuffled its top management after a slump in first-half earnings and warned of a weaker outlook for performance fees. The Swiss private markets firm named veterans Roberto Cagnati and Juri Jenkner as co-chief executive officers, replacing David Layton, who will become chief investment officer. The shares slumped as much …

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The Dollar Bounces Back but US Efforts on Rates and the Yen are Being Challenged as Iran Presses Hard

After consolidating softer yesterday, the US dollar has come back bid today. It often does better when US rates are rising unlike many of the other major currencies. However, the dollar’s strength does not reflect is successes on the various fronts the Trump administration has made a stance. The war in the Middle East has escalated …

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The Ethical Foundations of the Just War Doctrine

Can fighting a war ever be just? Murray Rothbard dealt with that question and, of course, had some definitive answers.

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