BankNotes Archive – September 2018

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BankNotes Articles from September 2018

The Difference Between Austrians and Everyone Else — In One Easy Chart

September 1, 2018

by Jesús Huerta de Soto [A selection from Money, Bank Credit, and Economic Cycles by Jesús Huerta de Soto. For full explanatory notes, see the online version, beginning page 576.] From the standpoint of our analysis, it is clear that there are far greater similarities than possible differences between monetarists … Read more

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Parents Should Be Free to Choose Safer Schools

September 1, 2018

When given the opportunity to make choices about which school their child attends, parents are quite competent. by Kerry McDonald As back-to-school time approaches, parents are bracing for school-related trauma. The threat of bullying, violence, school shootings, and mental health maladies looms large as a new school year emerges. A … Read more

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There’s No Such Thing as ‘the Will of the People’

September 1, 2018

Each unique individual has a will, but the group does not. by Donald J. Boudreaux I’ll soon turn 60 years old and can attest to the truth of the adage that “With age comes wisdom”—at least more wisdom than is available in one’s youth. I can attest also that those … Read more

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Feeling Grateful for Gratitude

September 1, 2018

by Lawrence W. Reed With a few paragraphs in an email message, a lady named Wynne Wages really made my day last Wednesday (July 25, 2018). Her simple but profoundly thoughtful gesture reminded me of just how important it can be to let someone know you did something that made … Read more

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Why the Pledge of Allegiance Is Un-American

September 1, 2018

The “one nation, indivisible” referred to in the pledge is not only unconstitutional, it’s contrary to the entire idea of the America the Founders sought to create. by Tom Mullen An Atlanta, Georgia, charter school announced last week its intention to discontinue the practice of having students stand and recite … Read more

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It’s More Important to Be American than to Buy American

September 1, 2018

It makes no more sense to inflict “Buy American” protectionism on yourself than it does to endorse it when it’s imposed on you by law. by Lawrence W. Reed Last week I posted on my Facebook page that I purchased a new car, a Toyota RAV4. Someone then commented, “Should … Read more

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“Is Life Insurance a Good Investment Now?” Part 2 of 2

September 1, 2018

by Robert P. Murphy In the May 2017 issue of the LMR, I wrote the first part of this series. I began to tackle a common objection that Carlos and I get, when we talk to crowds familiar with Austrian economics. (Notice the quotation marks around the title of the article: These words are coming from … Read more

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