LMR – August 2016

It is common when we give lectures to the public that someone asks, “Are these people in DC evil, or just stupid?” One of us (Murphy) typically handles this question by responding, “Well, they’re not stupid…” and then letting the pregnant pause sink in. Humor aside, it is important to understand precisely what has gone wrong in academia and policy circles.

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LMR – July 2016

You have read and heard us say that when an unshakable belief is held by only 10% of the people it inevitably becomes the majority’s belief. But when the number of committed opinion holders is below 10 percent, there is no visible progress. It is only when that number grows to the 10 percent tipping point that this unshakable belief becomes a universal conversion.

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LMR – June 2016

In an excerpt —taken from a lecture Mises gave in Argentina in 1958—Mises put his finger on one of the key issues underlying not only the Brexit vote but also the current American election. Now Mises was a champion of classical liberalism and saw firsthand how the “passports, please” limitations on migration had gone hand in hand with the rise of socialism and fascism in Europe.

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LMR – May 2016

Card tricks and sleight of hand schemes have been entertaining audiences for centuries, but great magic tricks require much more than the talent to perform them. The magician must have the talent to control the audience.

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LMR – April 2016

Tyranny is difficult to establish in the beginning. This we have learned from great thinkers like Mises, Bastiat, Etienne De La Boetie and others. They tell us that most people, if they are given a choice, would much rather be free than a slave. The idea that it would be better to be ordered around by a single individual really makes no sense to a sound thinking person.

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LMR – March 2016

“Why do people obey the commands of the government, which always constitutes a small minority of the total population?” In 1553 Etienne De La Boetie, a young French law student and member of the ruling class, asked this intuitive question and then proceeded to answer it. In doing so he delved deeply into the nature of tyranny and into the nature of state rule itself. The insight he found is astonishing.

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LMR – February 2016

Saving—the concept of putting away a portion of what we produce in order to increase our means of production—has gone completely out of favor in the present century. Today we live in a world of only spending and speculation. In that sense Keynesianism has fully blossomed on a global scale.

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LMR – January 2016

It has been said many times before— the real threat to the U.S. will not come from abroad. Public consent is the all-prevailing power that will stir the nation this way or that. If we are to have any influence over the thinking of the people and redirect their present course we will need to convince a large portion of them that our way is the best.

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LMR – December 2015

These are no-nonsense words for all of us to reflect on. The unavoidable certainty of death is not only true, but its exact time of arrival is also unknown, making this unique event of life all the more perplexing. Yet regardless of what the future may bring in the interim, we cannot withdraw from the necessities of the moment.

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LMR – November 2015

If there was one thing we could say with regards to socialism that would cause people to rethink socialism’s entire ideology and reject it, we would point to its inability to calculate or appraise anything. It has no means for testing. Without this one ingredient in the fabric of society, how could anything worthwhile ever be produced?

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