LMR – January 2019

There is one aspect of our strategy that we believe is not fully understood, or has still not been fully grasped by those helping to build the 10%. It merits close scrutiny and may explain our lack of impetus in selling our ideas with conviction. Without the benefits of this unique insight, the ability to visualize the tipping
point can seem difficult and far-fetched. With it, the embers burn brighter and converting others to our beliefs becomes more feasible.

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LMR – December 2018

We thought long and hard about what we would share with you that you would remember long past this holiday season that encompasses the days of Christmas that lead up to the New Year. We searched deeply for a gift of a spiritual nature that would help you and us overcome the growing economic tensions, social hostilities and political uncertainties of our world that at times tend to overpower us with a sense of dread. We decided that this one refrain that we read repeatedly throughout Holy Scripture — “Do not be afraid,” is the most appropriate one.

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LMR – November 2018

What Dr. Carson is making clear is that “by our practice, we say that we believe in free enterprise—except… Except for public utilities. Except for the railroads. Except for mail delivery. Except for medical services. Except for housing, financing, and real estate transactions. Except for large corporations. Except for education. Except for interest rates. Except for farmers. Except for small business. Except for industrial workers. In short, a case could be made that Americans believe in free enterprise except in whatever activities they happen to be considering.”

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LMR – October 2018

People are uncomfortable with change. The primary reason for this discomfort is that it forces an adjustment to the modifications of the new environment. It particularly irritates the lethargic types who also have to adapt to new ways of thinking. Thinking, especially sound sober deliberation, can be exhausting. Change will also harm special interest groups and endangers established forms of production and consumption. The way things are now is preferred.

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LMR – September 2018

It is very important to recognize that governments that move in the direction of being the principal benefactor of a society’s wellbeing, health, comfort, security, safety, protection, prosperity, success and a lifetime of good fortune is a government that favors socialism. This is not always easy to see because all these things sound so wonderful, but it’s an illusion. This is one reason why as Austrians we must always be on the look out for the “unseen” consequences of providing such benefits to a society.

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LMR – August 2018

One thing that Mises stressed when considering economic theory in the banking business was to always keep these two activities separate because it was the only way to understand how each function works. This was also important because modern banking now includes other profitable activities, such as the purchase and sale of securities (which has morphed into what we know as “investment banking”), lockbox banking (sometimes known as “factoring”), and the renting out of safety deposit boxes.

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LMR – July 2018

As we see history unfolding since the dollar was taken off the gold standard internationally in 1971, one of the most glaring outcomes has been the growth in the national debt coupled with the immense transfer of wealth and income to certain special groups of people at the expense of others.

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LMR – June 2018

Interventionism is a word we often write and talk about without
realizing that many of our readers may still not quite understand why we
speak of it as being one of the main contributors of our flawed monetary policy. Like the word inflation, interventionism deserves a Misesian interpretation in order to grasp it fully.

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LMR – May 2018

There is probably no other of Mises’ theoretical writings more understandable to the layperson than Economic Policy Thoughts for Today. There is a reason for this. This small book was compiled from a series of lectures given by Mises in Argentina in 1958 to a Spanish-speaking audience of students.

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LMR – April 2018

The law of love, for the most part, still undergirds ourrelationships with other human beings. That is, we try as best we an to practice this noble principle. We do this especially with our family members and friends because we know that a loving relationship with them is certainly much more compatible than one that is vindictive.

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