Author Archives: radiofreemarket

Poor Understanding of Monetary Theory Leads to Disastrous Government Policies

Austrian School economists know that unsound money has been at the heart of disastrous government policies since time immemorial. The greater the ignorance of money the greater the monetary debasement in order to fund government’s latest folly.   Monetary debasement … Continue reading

Posted in News/ Lessons | Leave a comment

My letter to the Wall Street Journal re: Gold Mining Is Not the Same as Owning Gold

Re: Gold Is Flying High, but Getting Harder to Mine Dear Sirs: This caption below the picture associated with Mr. Macdonald’s article about the difficulty of mining gold illustrates the mistaken belief that the difficulty of mining for gold somehow … Continue reading

Posted in News/ Lessons | Leave a comment

The Great Lie of All Tyrants: Your Liberties Are a Threat to Others and Even to Yourselves

The forces of totalitarianism have been chiseling away feverishly at our liberties for many years now. Their efforts have taken the guise of radical equalitarianism (income redistribution), radical diversity (whom one may hire or accept into a position normally reserved … Continue reading

Posted in News/ Lessons | Leave a comment

My letter to “The Ethicist” at the NY Times re: There is no such thing as a paradox of thrift

Dear Sir: Kim of Washington Township, NJ asked some guidance in curtailing spending and philanthropy when her own income was greatly reduced during the coronavirus inspired lockdowns. She was concerned about others who have lost their jobs and/or depend upon … Continue reading

Posted in News/ Lessons | Leave a comment

My letter to the NY Times re: Exaggerated Monetary Consensus

From: Patrick Barron Sent: Monday, May 25, 2020 10:29 AM To: NY Times <letters@nytimes.com> Subject: Exaggerated Monetary Consensus Re: How Washington Learned to Embrace the Budget Deficit by Jim Tankersley Dear Sirs: In his May 17 article titled (print edition) “A Giant Deficit, Once Dreaded, Is … Continue reading

Posted in News/ Lessons | Leave a comment

My letter to “The Ethicist” at the NY Times re: Popular Delusions

From: Patrick Barron Sent: Sunday, May 17, 2020 9:32 AM To: ethicist@nytimes.com <ethicist@nytimes.com> Subject: Popular Delusions Dear Judge Hodgman, In reference to your response to a college professor who is troubled by a colleague who “spouted bizarre conspiracy theories and generally denied the severity … Continue reading

Posted in News/ Lessons | Leave a comment

Government Shutdowns: Unconstitutional, Ineffective, and Immensely Destructive

The Shutdowns Are Unconstitutional   Our Constitution guarantees us certain rights that may not be abridged. The many government shutdown orders violate these rights. For this reason alone, the shutdown orders should be rescinded immediately. Furthermore, federal prosecutors should indict … Continue reading

Posted in News/ Lessons | Leave a comment

Lincoln Predicted How Americans Would Lose Their Freedoms

In 1839 Abraham Lincoln, a young twenty-eight year old lawyer, was asked by the Young Men’s Lyceum of Springfield, Illinois to address the group on “The Perpetuation of Our Political Institutions”. The result elevated Lincoln’s stature in the growing community … Continue reading

Posted in News/ Lessons | Leave a comment

Two Distinctly Different Approaches to Crisis Resolution

There are two very distinct approaches to crisis resolution. One is the socialist approach, adopted by most governments of the world in the latest coronavirus crisis. The other is the individualistic approach, used by few if any of the world’s … Continue reading

Posted in News/ Lessons | Leave a comment

My letter to the NY Times re: Government money and banking policies con hapless borrowers

Re: The Great Wall Street Housing Grab, by Francesca Mari Dear Sirs: Ms. Mari’s long and very detailed report of the role played by Wall Street property firms following the great 2008 real estate crisis fails to explain the underlying source … Continue reading

Posted in News/ Lessons | Leave a comment