Yesterday, I finished Ayn Rand’s Atlas Shrugged, a book which seems to be enjoying a fashionable resurgence. Atlas Shrugged is, from the jacket: The astounding story of a man who said that he would stop the motor of the world — and did. … It is a mystery story, not […]
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The government did it: The Austrian Theory of the Trade Cycle and other essays
This wonderfully short book of just 120 pages explains through four essays, the influence of money and the capital structure of production on the trade cycle. The authors are Mises, Haberler, Rothbard and Hayek. Each essay is short, approachable and insightful, while pointing to more detailed literature. Consider for example, […]
Read MoreA free must-read: Compassionate Economics
Via www.compassionateeconomics.com, a book of the same name, available free. If the received understanding of economics within government is radically incomplete, how much more so is it within society as a whole. We have been brought up and are daily conditioned to think of human beings as the “agents” of […]
Read More“Britain’s Road to Socialism”
From some people who need to read, as Hayek did, von Mises with a critical but open mind: The peoples of the world are confronted today with problems of enormous magnitude. These include the ever-growing poverty and widespread malnutrition and disease which afflict billions of the world’s six billion population; […]
Read MoreThe Abolition of Man
C S Lewis’ book The Abolition of Man is presented as three lectures examining the ultimate outcome of a philosophy which seeks to abandon the Tao: the body of natural law. In his first lecture, Lewis illustrates the trend of his time to disregard values and emotions: to dismiss them, […]
Read MoreThe Revolution: Ron Paul vs Alan Greenspan
Ron Paul’s manifesto, The Revolution, is a remarkable read, not least for his account of Alan Greenspan: Few Americans during his tenure knew that Greenspan had once been an outspoken advocate of the gold standard as the only monetary system that a free society should consider. Not long after my […]
Read MoreBanks, economic interventionism and the cause of the credit crisis
(This post is a precis of Huerta de Soto’s Money, Bank Credit and Economic Cycles pp650-653, presenting an argument which was famously expounded by von Mises in Socialism. Among the young idealists who were attracted to socialism after the Great War, who came through these arguments expressed in full to […]
Read MoreFreedom, responsibility and the “New Left”
Many who are in power on the New Left today were students when this was written in Education in America: Meaningful freedom has always implied responsibility, and responsibility demands self-control. Self-control presupposes guidelines within which the individual attempts to live in accord with accepted and acceptable standards. The denial of […]
Read MoreMore book recommendations
Added “Education in America” and “Road Accidents, Prevent or Punish” to my recommendations.
Read MoreRight, wrong and education
Consider these news stories: Pupils will no longer have to be taught the difference between “right and wrong” under draft plans put forward by England’s exams regulator. via BBC NEWS | Education | ‘Right and wrong’ lessons to end. Parents should avoid telling their children what is “right and wrong” […]
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