BankNotes Archive – December 2017

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BankNotes Articles from December 2017

Hamilton Liar

December 1, 2017

By Brion McClanahan Republicans unveiled their tax plan in September to mixed reviews. That was to be expected. It hasn’t gotten any better in recent weeks. Americans generally want lower taxes. They also want the Republican Party to do something they promised while begging for votes. Let’s not ask for … Read more

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So This Is What Happens With Government Disaster Relief?

December 1, 2017

The idea of having government assist after a natural disaster sounds great. It makes us feel good. Houston floods? Send millions. New Orleans floods? Send hundreds of millions. Puerto Rico? The place is a mess and needs billions and billions. It all seems right. Until you look at the details. … Read more

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The Bolshevik Great Experiment: 100 Years Later

December 1, 2017

by T. Hunt Tooley Since the beginning of the centennial of World War I, I have been writing a series of essays about the war as the memory of events passes us by–a hundred years later. But as we approach the centennial of the Bolshevik Revolution, I find it nearly … Read more

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Parents Can Trust Kids to Teach Themselves

December 1, 2017

Good news: Great parenting is much easier and more fun than most people think, even if you homeschool: in fact, especially if you homeschool. You don’t need to be an expert, whether in education or any given subject matter, for your child to learn. You don’t need to be a … Read more

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State Coercion Is Intoxicating, Seductive, and Wrong

December 1, 2017

A while ago I met a young religious woman who founded a very successful nonprofit organization all by herself. The organization raises private funds for, and organizes trips to, various important and holy Jewish sites for high school classes. She believed that it is important for young people to know … Read more

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Education Is the State’s Greatest Tool for Propaganda

December 1, 2017

In chapter 10 of The Road to Serfdom, Hayek describes how some of the worst people always end up rising to the top of the political heap. Continuing to touch on this theme in the eleventh chapter, Hayek digs even deeper and discusses the control of information and the very … Read more

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