Category Archives: News/ Lessons

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 →

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 →

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 →

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 →

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 →

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 →

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 For this reason alone, the shutdown orders should be rescinded immediately.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 →

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 →

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 →

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 →