The Austrian

Leonard offers a penetrating criticism of the Fed’s vast expansion of the money supply, but it falls short of a sound way to keep it in check.

Bob Murphy talks inflation and why suddenly everyone is an expert, and then why Jim Rogers says buy a motorcycle and see the world: It's a great way to get an education. Jeff and Peyton Gouzien discuss big questions like liberalism and illiberalism in the twentieth century and David Gordon reviews The Lords of Easy Money, a thoroughgoing critique of the subversive power of the Fed.

Life lesson: Figure out what you love and do it and learn another language and get yourself a motorcycle and drive around the world.

The dichotomies of the twentieth century and the turning of the tide toward illiberalness highlight not only a difference in the thinking within the liberty community, but Americans and people in general. We are left with the consequences of this thinking and the beast it created.

It is interesting that the founder and leader of the market monetarists declared in January 2020 that the world was about to enter a "golden age" of low inflation for the Federal Reserve.

Given the manifest superiority of the free market, why do so many intellectuals reject it?

Neutrality limits conflicts instead of escalating them. Neutral states cannot swell their power through war and militarism, or murder and plunder the citizens of other states.

If you’re in trouble, you stop spending on frivolous stuff and you save. It applies on a personal level; it applies on a national level. But the fiat world just flips all of this on its head.

Graeber and Wengrow are right to question stage theories of history, but they pass by in silence the laws of economics that show the necessity of the free market for a complex modern society.

One of the darlings of the left's intellectual brotherhood gives us a look into the state of intellectual affairs therein. Piketty expounds "there is no universal law of economics: There is only a multiplicity of historical experiences and imperfect data.” Piketty is what Mises calls an "antieconomist."