BankNotes Archive – April 2016
BankNotes Articles from April 2016
Humans Are Hard-Wired to Value Some People over Others
March 9, 2016 Andrew Syrios One of the most persistent — and fallacious — argument against the libertarian or laissez-faire position is that libertarianism is an “atomistic” and “selfish” philosophy that denies the obvious truth that human beings are a “social species” who long for a strong sense of community. … Read more
Read MoreStalinism Through a Child’s Eyes
March 22, 2016 J. Wiltz In a 2012 interview with The Horn Book, Inc., Russian author Eugene Yelchin seemed to take quiet pride in his Newbery Award-winning book Breaking Stalin’s Nose and its special designation as “the first children’s book about Stalin.” This pride was well-deserved. Like Watership Down and … Read more
Read MoreJob Growth Doesn’t Mean We’re Getting Richer
March 25, 2016 Ryan McMaken In response to recent claims by the Obama administration and others that “millions of jobs” have recently been created, I examined the data here at mises.org to see if the claims were true. It turns out that job growth since the 2008 recession has actually … Read more
Read MoreThe Long History of Government Meddling in the American Marketplace
February 29, 2016 Mike Holly Although the causes of economic crises recurring throughout US history and often spreading worldwide can’t be proven using empirical means, oppressive government regulations favoring special interests in relevant industries have preceded every crisis. Typically, cronyism involves support of politicians in exchange for regulations denying others … Read more
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