The Corrupt Bargain and the Preservation of Slavery
[Chapter 19 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] The most important battle of the August days of the Constitutional Convention was waged, as had been the battle over the three-fifths clause, between the North and
Washington’s Bipartisan Fiscal Folly
For years, I have been sounding the alarm about chronic federal deficit spending—practiced by both Republicans and Democrats—steering our country into a fiscal abyss. I feel like a broken record as I periodically chronicle the folly of it all. The process has
Keynes Thought Scarcity Would Disappear in the Near Future. Boy, Was He Wrong.
The Price of Peace: Money, Democracy, and the Life of John Maynard Keynesby Zachary D. CarterRandom House, 2021 [2020]xxii + 628 pages For many people, though not, to be sure, readers of The Austrian, John Maynard Keynes ranks as the greatest
Should the State Support the Arts?
Ought the state to support the arts? There is certainly much to be said on both sides of this question. It may be said, in favor of the system of voting supplies for this purpose, that the arts enlarge, elevate, and
An Autoethnographic Account of the Free Market: My Father
Instead of approaching the free market abstractly, in this short series, I’ll approach it from the standpoint of my own experience. In short, I’ll treat the free market in an autoethnographic account. Autoethnography is just what the word suggests: it
THE LEAN STARTUP- A Review
The Lean Startup is a masterpiece by Eric Ries which is basically based on a method to develop and manage startups. It is a New York Bestseller with millions of copies sold worldwide. It has also been a source of
Self-Interest versus Racial Solidarity
Modern-day race theories—much like the standard racist theories of the past—assume that racial solidarity ought to be the overriding factor in all human behavior. Whites are supposed to always ally with whites. Meanwhile, blacks are supposed to always side with
Rothbard on the Betrayal of the American Right
America's "Old Right"—rooted in 19th century liberalism but birthed in the 1930s to oppose the New Deal—was strongly laissez-faire and non-interventionist. Murray Rothbard wrote the comprehensive story of that movement, it's influences and influence, and its destruction at the hands
An American Classical Liberalism
Every four years, as the November presidential election draws near, I have the same daydream: that I don't know or care who the president of the United States is. More importantly, I don't need to know or care. I don't
Social Media’s Algorithms Aren’t Really Controlling You
Senator Josh Hawley’s just-published The Tyranny of Big Tech (Regnery, 2021) raises important issues. Hawley asks, for example, Do Facebook, Twitter, and YouTube censor views that that their managers do not like? It seems clear that the answer is yes.