Other Schools of Thought

It is the widespread view in academia that John Maynard Keynes was a model classical liberal in the tradition of Locke, Jefferson, and Tocqueville. But if Keynes was such a model champion of the free society, how can we account for his peculiar comments in 1933 endorsing the social "experiments" that were going on at the time in Italy, Germany, and Russia? And what about his strange introduction to the 1936 German translation of General Theory, where he writes that his approach to economic policy is much better suited to a totalitarian state such as that run by the Nazis?

Freedom needs no help from the state—which is its natural enemy, not its ally. Freedom promotes natural order, inequality, and the decentralization of enterprise, wealth, and culture.

The American nation state has effectively served as the church of this religion in the United States.  The American "Vatican" is Washington, D.C., also a unique governing jurisdiction within the boundaries of a nation-state, like its Roman counterpart.  Led by its economic priesthood, the American government administers the affairs of the nation to achieve a secular salvation for all its citizens--the attainment of a new heaven on earth.

No government can live up to its billing as a semi-divine problem solver. Government intervention is not an alternative to the market; it merely creates a different kind of market full of con men selling very sour lemons.

Contrary to popular thinking, economics is not about GDP or CPI or other economic indicators as such, but about human activities that seek to promote people's lives and well-being. So what are the tools that economists and financial experts utilize in their assessments of the economy? What is the basis of their framework of thought?
 

The state has a monopoly on higher education, and those who work for it tend, in part accordingly, to favor the state in most every respect. Having higher education managed, ultimately, by the state is one of the most corrupting aspects we find in these institutions. 

For too long,we libertarians have allowed our misguided opponents to monopolize the banner of equality. We have more right to that banner than they do. The time has come to seize it back.

Economists of the Austrian School not only understood that markets can fail if measured by an unrealistic and unrealizable standard. Ludwig von Mises emphasized the "uncertainty inherent in every action."

We should never tire in our mission to point out that there is an alternative to the Politically Correct Left and the Militarized Right: that there is freedom itself, the genuine article, and a tradition of thought in defense of freedom unmatched by any other in its rigor and dedication.

Middle-class property owners of the world, disunite. You have a world to win back. Joseph Stromberg reviews Hans-Hermann Hoppe's, Democracy: The God That Failed.