BankNotes Archive – August 2017

By L. Carlos Lara It’s been said that people would rather die than think. But I am going to see if I can incentivize you do just that by showing you a way to fund a large Infinite Banking Concept (IBC)-type life insurance policy, while using cashflows that are dedicated … Read more

by Paul Rosenberg I ran into this phrase in a physics lecture, of all places, and knew it would be the title of my next article. And this is generally a true statement. Those who are immersed in something… who have always been immersed in it… are the last to … Read more

by Ryan McMaken Patrick Buchanan is an informative and interesting writer. On foreign policy, especially, he’s long been one of the most reasonable voices among high-level American pundits. When it comes to cultural matters, however, Buchanan has long held to a peculiar and empirically questionable version of American history in … Read more

On July 4, we celebrate something called the nation, but what is a nation? What is the source of our affections and loyalties? Do you have a clear understanding of your own belief? We all assume that we know the answer to the question. But when you drill down, you … Read more

by Robert P. Murphy One of the popular objections to the GOP proposals to reform health insurance markets is that the Affordable Care Act (aka “ObamaCare”) saved thousands of lives per year, and hence that tinkering with ObamaCare will literally kill lots of people. For example, Hillary Clinton tweeted out: … Read more

by Art Carden Calestous Juma’s excellent and entertaining Innovation and Its Enemies is an interesting tour through the histories of coffee, printing, margarine, farm machinery, transgenic crops, and other innovations that people have fought at various times. It reminded me that we shouldn’t take liberty and the rule of law … Read more

by Thomas DiLorenzo “Whether we remain in one confederacy, or form into Atlantic and Mississippi confederacies, I believe not very important to the happiness of either part. Those of the western confederacy will be as much our children & descendants as those of the eastern, and I feel myself as … Read more

Today marks the 216th anniversary of the birth of the great French classical-liberal economist Frédéric Bastiat (born June 29, 1801) whom economist Joseph Schumpeter called the “most brilliant economic journalist who ever lived.” Celebrating Bastiat’s birthday has become an annual tradition at CD, and below I present some of my favorite quotes from … Read more