Posts Tagged ‘mises’

Please check out Jeff Deist’s (of the Mises Institute) interview with John O’Donnell of the Online Trading Academy and Power Trading Radio.  John will be a guest on our show soon! 

Click here to listen!

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I recently had a great chat with Jeff Deist, President of the Ludwig Von Mises Institute in Auburn, AL. Jeff spoke to me about his experiences as Ron Paul’s Chief of Staff… and he answered a lot of fun questions on libertarianism in general. It was really insightful to get his take on the state of the movement today. Enjoy!

http://www.mises.org

Today I had a really interesting interview with Tom DiLorenzo on Abraham Lincoln. Tom’s fine work on Lincoln has clearly demonstrated that he was not at all the great champion of freedom we learned about in school. In today’s conversation we learn the facts about the man which prove nothing could be further from the truth.

DiLorenzo on lewrockwell.com

DiLorenzo on Amazon

We recently had a very interesting conversation with Mark Thornton of the Ludwig von Mises Institute. We discussed some Austrian economics basics and analyzed today’s economy through the lens of an Austrian. We also got a sneak peek into his latest article coming out soon on mises.org.

http://www.mises.org/

http://bastiat.mises.org/

I recently read a great piece by Steve Patterson on http://www.lewrockwell.com and just had to have him on the show to discuss it. It’s really interesting to learn about and analyze someone’s progression from politically mainstream to politically extreme. Check out the interview and read the article here:

From Conservative to Anarchist

http://steve-patterson.com/

It’s fun to listen to Jeffrey Tucker speak about anything really.  He is so eloquent and such a wonderful communicator of the message of liberty.  I was really excited to get to speak to him first hand recently about one of my favorite topics to explore: anarchy.  I hope you enjoy:

 

http://liberty.me/

http://lfb.org/

Many of you have read his pieces on his blog bionic mosquito. You have seen his stuff all over the place: on lew rockwell, economic policy journal, lions of liberty

After hearing some talking head on CNBC refer to Ron Paul as a mosquito, the author thought to himself, “If Ron Paul is a Mosquito, he is a powerful one.” Hence the name. Jonathan Goodwin is bionic mosquito and was kind enough to give us a peek into his not-so-mosquito-sized brain.

Political Badger: What was the impetus for starting your blog?

Bionic Mosquito: I had been thinking about doing something like this for quite some time. I thought it would be a good way for me to improve my thinking on several subjects – economics, libertarianism, politics, and empire (I think history wasn’t originally on my mind); I am not trained in any of these. I felt that the act of writing, and posting it publicly, would force an improvement of discipline in my thought. I also thought that receiving feedback online would be a wonderful, free, learning tool. Finally, I wanted to document my own learning / progression.

But what drove me finally to take the step was a minor technical problem (you asked). For a time I was a regular feed-backer at The Daily Bell. Early on, I was not able to post a comment of more than a few characters (it turned out to be a browser problem on my end). In order to get around this, I would post my longer comments on my blog, and DB graciously copied the comments from my blog to their thread.

Pretty dull, I know.

PB: When did it really take off?

BM: Have you looked at the alexa ratings? “Take off” is not a phrase I would use, but thank you.

I guess bionic mosquito first started gaining some recognition (beyond the comments section of Daily Bell, EPJ, and Mises) when Lew Rockwell ran a post a couple of years ago – something I wrote about Pearl Harbor, based on a book by George Victor, “The Pearl Harbor Myth: Rethinking the Unthinkable”. Since then, Lew has re-posted many of my blog posts, as has Robert Wenzel at EPJ and Marc Clair at Lions of Liberty. A few other sites occasionally pick up a post as well.

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If you pay attention to financial media even the slightest bit, you have no doubt heard the talking heads freak out over the prospect of deflation. Bloomberg, CNBC, Fox Business, Wall Street Journal, you name it… they all mindlessly repeat the bloviations of Bernanke, Yellen, Krugman, etc. that what we need is for people to spend (not save), to borrow, and for prices to rise. All of this is wrong.

To give you a real basic econ lesson, this attitude is largely inspired by the economist John Maynard Keynes. Bernanke and company are devout Keynesians. They believe an economy is built on consumption and is stimulated by spending. Paul Krugman is outspoken in his conviction that the US does not carry enough debt. That $18 trillion is not nearly enough. He believes we need to spend much, much more and that increasing the debt does not matter in the least. I sh%t you not. These are the people running our economy. Bernanke, Yellen, Jack Lew, the financial media, republicans and democrats alike all believe we must spend our way out of this funk we’re in. And as Shaq once said, “Don’t fake the funk on a nasty dunk.” That literally means nothing, sorry.

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When you think anarchy, what do you think? Disorder? Chaos? Pandemonium? Murder and mayhem? What if there was no government? No President or Prime Minister? No politicians? Who would protect us? Educate our children? Take care of the poor and elderly? The consensus among the masses is that we need government to provide these things for us. We need them to ensure order, if nothing else, right?

Recently, I had the real pleasure of interviewing Dr. Gerard Casey, professor of philosophy at University College Dublin and author of the 2012 book, Libertarian Anarchy: Against the State. Given our common perceptions of what anarchy is, you would think a man who teaches a class called Anarchy, Law and the State and believes we’d be better off with no government at all would be an unstable, disagreeable, even ill tempered person. After all, he’s in favor of chaos and mayhem, right? This could not be further from the truth. As you will learn from this interview, Dr. Casey’s brand of anarchy, which he has dubbed “Libertarian Anarchy”, if implemented properly would provide the maximum amount of peace, order, and prosperity. And Dr. Casey has a personality suited to teach this lesson. He is passionate, yet level headed. Extremely intelligent, but also really funny and charming. Students flock to fill his extremely popular classes. Enjoy.

What is the free market? By definition it is simply a system of voluntary exchanges, nothing more really. If you have a hat and I have ten dollars and we agree to exchange them, absent coercion we have both obtained something we prefer. I prefer the hat to the ten bucks and you prefer the cash. This simple system of voluntary exchanges has been vilified throughout our country’s history and has been blamed for everything from recessions and depressions to the business cycle, to low wages, to income inequality. We are told it is inherently flawed and predatory and a breeding ground for corruption, greed, fraud, scandal, etc. The pope recently told us the free market is evil basically… awesome! We hear this in the media. It is taught in the schools. The result of this perpetuation of the evil free market has been massive regulation, and controls placed on free exchange in an attempt to fix these perceived flaws. In a democracy, if most people believe the free market is to blame for a weak or volatile economy, they will elect those who will place more controls on the economy. Mysteriously these controls never fix the business cycle so we pass more rules, and round and round we go… at some point to gotta ask, “Is this really a free market?” (more…)