Laissez Faire Club Blog

Higher Cause, Installment #16

Join the Laissez Faire Club and be among the first to grab a FREE copy of the complete e-book of Higher Cause, a serialized novel with timely sweeping themes, active free-thinking characters, conflicts affecting the world, spies, guns, explosions, new forms of energy, sinister conspiracies, government plots, nationalization, destruction, and hope. Installments will be posted… read more

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My IP Journey

My recent LFT article, “Intellectual Property is Childish” generated a great deal of discussion. I’ve written on a lot of topics in a lot of outlets, but with the notable exception of an immigration piece I did for a conservative Canadian blog, this short post on IP produced the most heat. I was quite surprised… read more

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Big Box to the Rescue

In past natural disasters, it made for interesting reading to see how Home Depot, WalMart, Lowes, and others, swung into action to deliver water, generators, wood, batteries, and so much more, even as FEMA bureaucrats ordered people around and otherwise did very little by way of helping actual people. With Sandy, I’ve seen far fewer… read more

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“Make money, not war”

In his talk delivered at the Mises Institute’s 30th Anniversary Celebration, Walter Block took Harvard psychology professor and best selling author Steven Pinker to task for his book ‘The Better Angles of Our Nature: Why Violence Has Declined.’ Pinker’s book attempts to convince the reader that today’s world is much less violent than ancient times.… read more

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Economic Growth or Massive Debt?

WSJ reports: “Consumer spending accounted for most of the increase in GDP—real personal-consumption expenditures climbed 2.0%, compared with 1.5% in the second quarter… Government spending contributed to economic growth for the first time in more than two years, led by federal outlays on national defense. Overall federal government spending jumped 9.6%, versus a 0.2% fall… read more

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Higher Cause, Installment #15

Join the Laissez Faire Club and be among the first to grab a FREE copy of the complete e-book of Higher Cause, a serialized novel with timely sweeping themes, active free-thinking characters, conflicts affecting the world, spies, guns, explosions, new forms of energy, sinister conspiracies, government plots, nationalization, destruction, and hope. Installments will be posted… read more

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The Unasked and Unanswered Question

My suggestion for a question to the presidential candidates re: foreign policy. Why should anyone accept the presumption that you possess the requisite knowledge and comprehension of all relevant information to entitle and enable you politically to manage something so gigantic and constantly changing as the whole world and all its people and governments, and… read more

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The Marshmallow Test

It might seem odd to talk about the revival of dynastic, family-based wealth in these days. Americans are living longer, but saving for their own lifetimes even less. More than half of all workers say they have less than $25,000 in total savings and investments, and almost one-third report less than $1,000. Meanwhile, median income… read more

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The Radicalization of Steve Forbes

There was once a sector of the monetary reform debate generally associated with supply siders that favored a restoration of Bretton Woods. Under this system, the dollar would be loosely tied to gold but not domestically convertible. Gold would operate more as a signalling device and an anchor of sorts, like an inspiration to governments… read more

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Comments on Atlas Shrugged II

Atlas Shrugged II is wonderful: just the right themes for our times. The central action here concerns the imposition of martial law over the economy and the emergence of the producer strike. The stark contrast between the private-sector producers, barely holding on to their property and profitability, and the government parasites, maliciously regulating and looting,… read more

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Big site upgrades

Members of the Laissez Faire Club can see some dramatic site upgrades, and you can see where this is going. We are moving away from a site with a member’s area to a full site experience just for members. The development of the full-blown city of learning takes place within this context. It is quite… read more

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Life Without Capitalism

This is a wonderful video but it doesn’t go far enough. Without markets at all, there would be no homes, cabinets, or indoor plumbing either. What is pictured in this film is the reality under really existing socialism, which itself depended heavily on world market pricing approximations and black markets.… read more

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Resentment Against the Rich

Elections bring out the worst in everyone. What is the worst? I cast my vote for this ubiquitous impulse in the social order: resentment against intelligence and wealth and the success they bring. It is always just beneath the surface, waiting to be unearthed and stirred by demagogues to destructive purposes. Freedom has many enemies,… read more

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Higher Cause, Installment #14

Join the Laissez Faire Club and be among the first to grab a FREE copy of the complete e-book of Higher Cause, a serialized novel with timely sweeping themes, active free-thinking characters, conflicts affecting the world, spies, guns, explosions, new forms of energy, sinister conspiracies, government plots, nationalization, destruction, and hope. Installments will be posted… read more

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Rand’s Dystopian Novel

“The author does not understand socialism,” read the letter from MacMillan in reply to the submission of Ayn Rand’s novella. They turned it down. Actually, the publisher didn’t understand socialism. Hardly anyone did in 1937, when Anthem was written. Rand, however, did understand socialism. She understood it so well that she knew it would result… read more

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To Hell with Voting

Campaign season is in its last breaths, thank goodness. Who can stand much more of this? National news is all about the presidential race. There are heated races going on around the country. To believe the talking heads on TV, this is the most important election in a generation. But face it, we hear that… read more

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