Exhausting Our Reserve Fund

Previously excerpted on EPJ (check it lots!), Mises on raising taxes on the wealthy: The idea underlying all interventionist policies is that the higher income and wealth of the more affluent part of the population is a fund which can be freely used for the improvement of the conditions of the less prosperous. The essence…

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How Stupid Are Our Public School Teachers?

There have been many times in my 26 years that I have run into things that make me speechless, at least temporarily. Most often, the force of an argument I hadn’t considered is the reason, but on very rare occasion, it will be because I am stunned at how ignorant people can be. This video…

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Post Hoc, Ergo Propter Hoc

Bastiat: This is the greatest and most common fallacy in reasoning. Real sufferings, for example, have manifested themselves in England. These sufferings come in the train of two other phenomena: first, the reformed tariff; second, two bad harvests in succession. To which of these two last circumstances are we to attribute the first? The protectionists…

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In Pursuit of Virtue – Is It December Yet?

The world keeps a’spinnin’: The U.N. seeks to control the internets this week. Innovation will always trump law, though, and you can be certain that if the New World Order succeeds, a new internet without any locus of control will arise. BUT, dear reader, Obama already signed an unprecedented secret cybersecurity bill that the NSA…

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