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keskiviikko 9. tammikuuta 2013

Milton Friedman - The Great Depression Myth


Milton Friedman explodes the myth that the Great Depression was produced by a failure of private enterprise.

maanantai 17. joulukuuta 2012

The Virtue of Selfishness - Ayn Rand



http://www.filesbowl.com/5Gh/The-Virtue-Of-Selfishness-A-New-Concept-Of-Egoism.mobi


Ayn Rand here sets forth the moral principles of Objectivism, the philosophy that holds man's life--the life proper to a rational being--as the standard of moral values and regards altruism as incompatible with man's nature, with the creative requirements of his survival, and with a free society.

keskiviikko 12. joulukuuta 2012

Thomas Paine's Rights of Man: A Biography


https://www.rapidshare.com/files/3515613462/Christopher.Hitchens-Thomas.Paines.Rights.of.Man.rar

Thomas Paine's critique of monarchy and introduction of the concept of human rights influenced both the French and the American revolutions, argues Vanity Fair contributor and bestselling author Hitchens (God Is Not Great) in this incisive addition to the Books That Changed the World series. Paine's ideas even influenced later independence movements among the Irish, Scots and Welsh. In this lucid assessment, Hitchens notes that in addition to Common Sense's influence on Jefferson and the Declaration of Independence, Paine wrote in unadorned prose that ordinary people could understand. Hitchens reads Paine's rejection of the ministrations of clergy in his dying moments as an instance of his unyielding commitment to the cause of rights and reason. But Hitchens also takes Paine to task for appealing to an idealized state of nature, a rhetorical move that, Hitchens charges, posits either a mythical past or an unattainable future and, Hitchens avers, disordered the radical tradition thereafter. Hitchens writes in characteristically energetic prose, and his aversion to religion is in evidence, too. Young Paine found his mother's Anglican orthodoxy noxious, Hitchens notes: Freethinking has good reason to be grateful to Mrs Paine.

sunnuntai 9. joulukuuta 2012

Bitcoin for Dummies

The last addition to our archives was Denationalisation of Money by Murray Rothbard. This blog post is about how that denationalisation might be closer to happen than you think. The reason is Bitcoin. Cryptocurrency that no central bank can control.



http://www.technologyreview.com/news/424091/what-bitcoin-is-and-why-it-matters/

What do you think about Bitcoins? My two cents are that in addition to its many other great libertarian potentials everyone should consider it as tool to store value, because right now politicians are printing more of  your friendly neighbourhood fiat-money in order to tax your savings away. 

perjantai 7. joulukuuta 2012

Denationalisation of Money: The Argument Refined - Friedrich A. Hayek



http://library.mises.org/books/Friedrich%20A%20Hayek/Denationalisation%20of%20Money%20The%20Argument%20Refined.pdf


What if the government let anyone use a currency of his or her choosing? What if the government permitted entrepreneurs to innovate in the monetary sector, such as by creating digital currencies or minting commodity money?
This is precisely what F.A. Hayek argues.
By special arrangement with the Institute for Economic Affairs, the Mises Institute is pleased to offer a new printing of F.A. Hayek's most radical case for the complete privatization of money: The Denationalisation of Money. He wrote this near the end of his career, after thinking through all the economic arguments for monetary reform and examining the political viability of various proposals. He shows the essential unviability of government money, and calls for a complete free market in the production and distribution and management of money.
This book is the very core of the Hayekian approach to monetary policy, and the book that drew the world's attention to this radical thinker following his Nobel Prize in economics. The argument is substantively similar to Mises's but rather than a gold standard, Hayek argues for completely abandoning government attempts to reform money. The result would be competitive private currencies that permits the market alone to choose the dominant currency the world over.
In the digital age, his argument takes on new significance, as experimentation in digital currencies continues apace.

torstai 29. marraskuuta 2012

maanantai 19. marraskuuta 2012