In his new book, 'Crack-up Capitalism,' Quinn Slobodian sloppily attacks Rothbard's views on market freedom. But in his efforts to attack Rothbard generally, Slobodian also gets Rothbard wrong on slavery, on Indians, on war crimes, and more.
Culture warrior Patrick Deneen takes on the free market and its traditions. Neither of which he understands well.
"It may be hard to swallow, but central banks were not created for the greater good but to support the state and special interest groups."
For the past seventy years, the major US foundations have been the main drivers of socialism, even more so than the state bureaucracies.
In recent decades a new type of mercantilist enterprise has become key in many federal programs. These are the nonprofit foundations that help create government pilot programs, fund pro-regime media projects, and work with regimes to accomplish ideological projects hatched by the ruling class.
This book is an indispensable contribution to Austrian economics and to libertarian thought, and readers will also gain a clear sense of Huerta de Soto’s major contributions in these areas.
In this book, DeLong has a firm sense of the immense power of the free market to achieve economic growth. Unfortunately, he goes wrong in many other ways.
US dollar hegemony spreads price inflation and other central banks are doing the same. If the dollar fails, it will be due to self-inflicted wounds. The only solution is good money.
What is the Cincinnatian problem? How to end vast emergency interventions whose day has passed but have become established and advantageous to their constituencies and have increased the power the central bankers enjoy.
Understanding and practicing economics is the key to destroying the foundations of democratic socialism. This can only be achieved by insight into better ideas, and by reason. The Global Currency Plot is meant as a contribution to help the better ideas prevail.
