Tag: economics

HotH2OHistory.com

My Fourth of July with Per Bylund

Long gone are the previous American Independence days when I naively participated in all of the practices that bespoke of true American patriotism. Sure, barbeques are still good. Fireworks, ok. Seeing Old Glory everywhere–fine. Parades are still horrible. But, all of the attendant feelings I was supposed to experience and honestly wanted to believe, have…
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‘Catholic Supremacists’ Are Creepy and Dumb

It was with considerable doubt that I read in Tom Woods’s The Church and the Market that he dedicated and targeted the work to traditional Catholics who had, from his point of view, erred in embracing redistributionist ideals that, if taken to their logical conclusion, amounted to outright socialism. I had not encountered such people.…
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‘Bread and Gold over Mice and Fleas’: Augustine and Aquinas as Proto-Austrians

One need look no further than the Mises Wire (and Hot H2O History, by proxy) to discover the profound–dare I say providential and as such, inevitable–confluence of the best of Catholic thought and the Austrian school of economics. In dual submissions, Connor Mortell highlights just how much St. Augustine and St. Thomas Aquinas discovered truths…
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Libertarianism Good or Bad?

An informative and enlightening debate about not just the strengths and weaknesses of libertarianism, but, given Yaron Brook’s espousal of all things Ayn Rand, some insights on objectivism as well. It was a good debate in that it left me pondering questions for which I have no real clear answers. Those follow after my own…
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Fastballs and Fastbulbs

  • One hundred plus years ago, the Black Sox made news, supposedly because out of destitution, they gambled (threw) the World Series in 1919.
  • Almost four hundred years ago, Dutch merchants made huge bets on tulip bulbs.

Sound dissimilar to totally unrelated? NOT SO!

Find out why here.

*Paper defense delivered at the Mises Institute Libertarian Scholars’ Conference, 2019

Kingpin Economic Justice

Hard to believe it has been 25 years since the Farrelly Brothers’ comedy Kingpin graced the screen. In a fit of nostalgia for some 90s laughs, I watched it last week. Most of it was still funny. As expected, everything that Bill Murray did and said within that movie as antagonist extraordinaire, “Big Ern” McCraken, is…
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The “I-Word”

During Lent, we Catholics are instructed not to say the “A-word”, i.e. “alleluia”. It’s use is suspended until Easter. In the worlds of politics, economics, and finance, agents this season are leery of using the “I-word” namely “inflation” unless it is a referent to a phenomenon immediately dismissed as unworthy of concern. After all, the…
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Report on Bitcoin

The report on Bitcoin for which you have been waiting… 32+ minutes of pure, hard money, economic bliss.  

The Roaring ’20s

In two parts, audio recordings/lectures on the fascinating 1920s: Part I: Part II: mentioned and suggested readings and materials: ABC News, The Century Series: America’s Time, “Boom to Bust, 1920-1929“ David Kennedy et al., The American Pageant. Ludwig von Mises, Human Action. Murray Rothbard, The Progressive Era. Eric Sass, et al., The Mental Floss History…
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Dōmo Arigatō, Indeed, Mr. Roboto

The “Lost Decade” as it is called in Japan describes the languishing economy of the country over–what is in reality–twenty years or so of artificially low, and even negative, interest rates. The economic ramifications are clear: A Japanese central banking policy that incentivizes consumption, wild speculation, and finger-crossing leaves capital markets starved, innovation stagnant, and…
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