Posts Tagged ‘economics’

Why Businessmen Are More Honest Than…

Since learning about economics and the goings-on in the market, I've understood the limitations placed on businessmen in doing whatever they wanted with others. One of those things a businessman may feel inclined to do, is lie. Dwight Lee of The Independent Institute has written a great essay examining how ...

Mark Skousen Interview

A great interview with Mormon economist and liberty-lover Mark Skousen was just published. An excerpt: Daily Bell: Give us some background as to how you became an Austrian economist? How did you discover them and when? Mark Skousen: My father, Leroy Skousen, was like his brother Cleon, involved in the conservative anti-communist ...

Austrian and Marxist Class Analysis

For the Journal of Libertarian Studies, Fall 1990, Hans-Hermann Hoppe wrote a paper comparing and contrasting the Austrian (Mises, Rothbard) and Marxist (Marx) theories of history and class struggle. I found it very well written and was delighted to find my own thoughts on the subject in congruence with the ...

Questions on Intellectual Property

Stephen Kinsella posts a list of questions from a high school student seeking answers regarding the legitimacy of intellectual property "rights", as well as his answers. They provide a good introduction to the anti-IP position. These are the questions asked, click here for his answers: What would you say is the ...

Property Rights: The Foundation of Freedom

The right to own property is essential to maintaining a free society. The Founding Fathers of the United States considered property ownership as a God-given foundational right, and this belief was the underlying cause of the American Revolution. The doctrine of property rights was so important, that it was canonized ...

In Defense of Ebenezer Scrooge

I couldn't believe it when I saw it. A defense of that universally-loathed villain Ebenezer Scrooge. I recently came across this exceptionally written piece and absolutely must share it. I should warn you, however, that reading this may well destroy for you what is regarded as a well-beloved Christmas story. ...

Global Trade is Good

Global trade (globalization) is a good thing. Despite what those who protest it believe, globalization is the best way to end poverty throughout the world. To demonstrate that point, I want you all to watch a documentary by Johan Norberg called Globalization is Good. Johan Norberg is also the author of ...

What is Morally Right About Economic Freedom

This is a great lecture by the Rabbi Daniel Lapin at the 2009 Austrian Scholars Conference, held at the Ludwig von Mises Institute in Auburn, Alabama. He explores, in a very lively and entertaining way (he is Jewish, after all) what is morally right about economic freedom. That to exchange ...

Sustainability and Economics

Tyler Watts write a good article for the Mises Institute on the assault that environmental "sustainability" brings to economics. His introduction: Ah, the greens. They're not just treehuggers anymore. They've been browbeating us to recycle, eat soy, save energy, drive less, ride the bus, and a thousand other ways to "act ...

The House That Uncle Sam Built

Fantastic short essay was just published by the Foundation for Economic Education about the Great Recession of 2008. It was written by Steven Horwitz and Peter Boettke, and edited by FEE president Lawrence Reed. You can download it here as a .pdf, the introduction: The theme of “The House that Uncle ...

Thanksgiving – The Birth of Private Enterprise

I first learned of these events a few years ago and each year since I share them with others. My kids are not yet old enough to understand their importance, but one day they will. Richard Ebeling here explains the true meaning of that first Thanksgiving dinner: This time of the ...

Halloween and The Free-Market

A great article by Jeffrey Tucker of the Mises Institute was just re-posted on their blog regarding Halloween and the free-market. An excerpt: Unlike at Christmas, where kids must only be good little citizens all year in order to be showered with gifts from their beneficent Guardians, at Halloween, kids must ...

How The Free-Market Works

A great, readable short essay on the Austrian School of Economics' accurate view of how the free-market works was written by Daniel Krawisz for the Ludwig von Mises Institute. An excerpt: As we see, production requires the convergence of several conceptually different elements. There must first be savings. Then there must ...

In Defense of Insider Trading

I've come across a very interesting argument in defense of insider trading, by George Mason University Economics Dept. chairman Donald Boudreaux, written for the Future of Freedom Foundation. Here' an excerpt, and you can go here for other resources on insider trading: Perhaps the greatest benefit of insider trading is that ...

Hunger insurance & economics

To better understand the problem with health-care today, as well as understand the ideal solution, let us imagine a world where we have "hunger insurance". Writing for The Freeman, November 1993, Joseph Bast explores the economics of such a product. I would say this is a near perfect analogy and ...

Exploitation Defined

I've often encountered when in discussion of "sweatshops" the charge that those who own them are exploiting those they employ. But I think it all depends on one's definition of exploitation. The common definition is similar to: the act of employing to the greatest possible advantage. If that is all ...

Recent Blogs

  • An Invitation From Mark Skousen

    I’m writing to invite you to join me in “the greatest libertarian show on earth” — FreedomFest — set for July 7-11 at Bally’s Events Center in Las Vegas.

  • The Optimal Size of a Nation

    Experience shows that a very populous city can rarely, if ever, be well governed; since all cities which have a reputation for good government have a limit of population. We may argue on grounds of reason, and the same result will follow: for law is order, and good law is good order; but a very great multitude cannot be orderly.

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We believe that God has given to every individual the unalienable right to Life, Liberty, and Happiness (Property) as part of the Plan of Salvation. Any violation of these rights, whether by a single individual or a group of people (i.e. government), is immoral and against the will of God. The only just and proper role of government is to protect these rights from the aggression of others.

The Founding Fathers were inspired men whose efforts secured a society with the greatest enjoyment of liberty in modern times. The political environment of freedom they created allowed for the Church of Jesus Christ to be restored and thrive in the last days. Unfortunately, the principles upon which America was founded are under constant attack by "kingmen" (Alma 51:5) all around us. Many Latter-day Saints, either knowingly or unknowingly, support those who would destroy our Lord's work in the latter days.

We seek to educate others about the truth in hope that many more will "awake to a sense of [our] awful situation" (Ether 8: 24-25).