LMR – November 2017

There is a select list of catastrophic life events that are known to have the power to completely bankrupt us spiritually. The field of psychology and other related sciences are quite familiar with the listing. It could be the death of a close family member, or it might be that we are struck with an incurable illness.

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LMR – October 2017

Credit expansion is mysterious to the masses of society because they simply do not understand the nature of credit nor do they understand the nature of money. But among the masses there is an even lesser understanding of central banking and its role in creating both money and credit in the economy.

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LMR – September 2017

It does seem like everything that is considered to be wrong with this world is somehow charged to capitalism. The more time we spend assessing the mood swings of the Western nations and those outside of their boundaries, the more we see the reality of this.

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LMR – August 2017

In the concluding chapter of his book, Socialism, Mises paints a picture of a world being turned upside down right before his eyes. Like it or not—and Mises himself was a skeptic—the old justifications for law and morality were crumbling with the influx of Enlightenment rationalism.

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LMR – July 2017

“In all times, but more especially of late years, attempts have been made to extend wealth by the extension of credit.” —Frédéric Bastiat (1801-1850)

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LMR – June 2017

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 2017

There is probably no other of Mises’ theoretical writings more understandable to the layperson than Economic Policy Thoughts for Today and Tomorrow. 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 2017

When Böhm-Bawerk died in 1914 Mises was thirty-three years old and well versed in his predecessor’s work. Böhm-Bawerk’s foundational work on Capital and Interest would continue to flourish in Mises’ masterful treatise Human Action, and in the writings of future Austrian thinkers.

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LMR – March 2017

There is always an endless list of prophets, soothsayers, and gurus broadcasting to the multitudes the absolute final “Word” on what we must all do to be saved. Be it a social, economic, or political message the objective is to gain mass acceptance and mass approval to which Albert J Nock would say, “nothing substantial can be expected from the masses, but only from the Remnant.”

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LMR – February 2017

“It is no exaggeration to say that, once the more active part of the intellectuals has been converted to a set of beliefs, the process by which these become generally accepted is almost automatic and irresistible… the sieve through which all new conceptions must pass before they can reach the masses.” —F.A. Hayek

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