Wisdom Archive

  • Share:

Saving the American Ideal

Matt Kibbe,

Don't Hurt People and Don't Take Their Stuff: A Libertarian Manifesto 

"It’s no longer Republican versus Democrat. It’s not about good government or bad government. It’s not even 'liberal' versus 'conservative.' It’s about limiting the government’s monopoly on force and unleashing our freedom to try, to choose, to take responsibility, and to make things better. It is about the political elites and the insiders they collude with versus America. It’s Them versus Us, for sure."

Read full article

The Cost of Government 'Safety'

Penn Jillette,

Penn & Teller's How To Play In Traffic

"Every time something really bad happens, people cry out for safety, and the government responds by taking rights away from good people."

Read full article

Free Thinkers Don't Fear Retaliation For Thoughts

Kanye West,

Twitter

"Free thinkers don't fear retaliation for your thoughts. The traditional thinkers are only using thoughts and words but they are in a mental prison. You are free. You've already won. Feel energized. Move in love not fear. Be afraid of nothing."

Read full article

Government: Rich by Force

John Stossel

There is all of this protesting against corporate power, but in reality, corporations have to persuade you - they could have a ton of money, but actually only government can use force.

Read full article

Who Really Pays Corporate Taxes?

George Will,

Washington Post 

Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking - a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations.

Read full article

Socialist 'Freebies' Are The Least Free Of All

Frank Chodorov,

Fugitive Essays

The more subsidized it is, the less free it is. What is known as 'free education' is the least free of all, for it is a state-owned institution; it is socialized education - just like socialized medicine or the socialized post office - and cannot possibly be separated from political control.

Read full article

The 'Utopia' of the Left

Ludwig von Mises,

Bureaucracy 

The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement. They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent. They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau. What an alluring utopia!

Read full article

The True Gospel Of Karl Marx

“The whole gospel of Karl Marx can be summed up in a single sentence: Hate the man who is better off than you are. Never under any circumstances admit that his success may be due to his own efforts, to the productive contribution he has made to the whole community. Always attribute his success to the exploitation, the cheating, the more or less open robbery of others. Never under any circumstances admit that your own failure may be owing to your own weakness, or that the failure of anyone else may be due to his own defects - his laziness, incompetence, improvidence, or stupidity.”

Read full article

The Reality of Socialism

Lawrence Reed,

The Foundation for Economic Education

“Socialism has no theory of wealth creation; it's just a destructive, envy-driven fantasy about redistributing it after something else (and somebody else) creates it first.” 

Read full article

The Alternative To Free Markets

Leonard Read,

The Apostle of Peace: The Radical Mind of Leonard Read 

The alternative to the free market is the rigged, planned, dictatorial, coercive, interventionist, authoritarian market, variously known as the planned economy, the welfare state [or] omnipotent government. 

Read full article

section

Join Our Email List



Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

section

In Search Of History

The Fed vs. the Middle Class

With interest rates flattened [by the Federal Reserve], government zeroes out the future. Abandoned were 80 percent of private defined-benefit pension plans. Public plans faced a similar evisceration in the future. With no acknowledgement, the U.S. government had casually dispossessed the American middle class of its retirement assets and pushed millions of Americans into acute dependency on government programs. ... Government dependency negated the American dream.

-- George Gilder ,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.05%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central June Year-to-Year: 2.87% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

section