The Founding of the Federal Reserve
Written in 1984 by Murray RothbardMurray Rothbard at a Mises Institute seminar on money and government.
Murray Rothbard at a Mises Institute seminar on money and government.
The presidency of Ronald Wilson Reagan has been a disaster for libertarianism in the United States, and might yet prove to be catastrophic for the human race. Reagan came to power in 1981 as the chief political spokesman for the Conservative Movement, a movement which took its essential modern form in 1955, with the founding [...]
Our country is beset by a large number of economic myths that distort public thinking on important problems and lead us to accept unsound and dangerous government policies. Here are ten of the most dangerous of these myths and an analysis of what is wrong with them.
Myth 1: Deficits are the cause of inflation; deficits [...]
In our famed double convention issue on the PresCon (September-October 1983), we had an article on computerism (”Keeping Low Tech”) which in its way drew as much attention (amused rather than agitated) as our lead article (”Total Victory: How Sweet it Is!”). Here are some reactions.
1. The Revolution Has Come and Gone
My brother-in-law the printer, [...]
For political buffs, there is nothing more amusing or fascinating than politics in New York. (Or, to put it another way, if politics can’t be principled, it may as well be fun.) For one thing, New York, especially “the City”, still luxuriates in old-fashioned “ethnic” politics. To wit:
1. Mayor Ed Koch
Ed Koch enjoys enormous popularity [...]
1. Post Pres-Con Notes:
More on media astuteness on the issues involved in the climactic Bergland vs. Ravenal race. T. R. Reid, in a long Washington Post (Sept. 4, 1983) article called Dave Bergland “an outspoken antigovernment activist who is considered a hard-liner even by the Libertarians’ stern standards.” (Whoopee!) “In choosing Bergland”, the Post’s Reid [...]
Swing Shift, directed by Jonathan Demme, with Goldie Hawn.
In the “real world,” we are used to the idea of an integrated, useful, and pleasing product emerging out of organizational chaos. But in the world of drama, we expect production chaos to result in a tangled, chaotic movie or play. Well, no film in recent years [...]
1. The Pits: Here’s The Beef!
In the course of a sparkling confrontation with the evil liberal and conservative Braden & Buchanan on Crossfire, Dave Bergland was asked, in their usual nasty fashion: “What makes you think you’re qualified to be President?” Dave shot back: “Well, I’m an attorney and former law professor. I think I’m [...]
IV. Bringing “Democracy” to Grenada
It is instructive to examine what kind of regime the U.S. military brought to little Grenada. Having gotten rid of the Leftist Thugs, what was the New Democracy U.S. Armystyle?
The victorious U.S. troops, in collaboration with their ally Scoon, imposed a regime of military despotism. After the war was over, the [...]
On February 1, the Bergland for President campaign, ideologically sound from the very beginning, swung into organizational high gear. The Bergland campaign opened national headquarters in Orange County, in southern California, and moving down to take over as full-time campaign manager for the duration was the redoubtable Williamson Evers. Coming down to join him as [...]