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Commodity Prices During “The Bernanke Era”
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
Eliot Spitzer and Sophistry
In Ancient Greece sophists were teachers who taught virtue, which in those days generally meant the art of statesmanship, to young men rich enough to afford their services. Sophistry, as their art was called, is a trade much criticized in the dialogues of Plato, where Socrates attacks not only the practice of teaching for a […]
“Standing for Individual Liberty and Limited Government: Ron and Rand Paul”
The link below will take you to a great article written by Doug Bandow over at Forbes.com. The first paragraph should be enough to draw your interest… Another Memorial Day has arrived, with more military personnel dead and buried. Politicians rhapsodize about heroic sacrifice they personally would never make. These same officials increasingly violate the […]