Category Archives: Political_Economy

From The Tenth Amendment Center – Signed By the Governor: Maine Right to Try Act Rejects Some FDA Restrictions on Terminally-Ill

‘On Wednesday, Maine Gov. Paul LePage signed a bill into law that sets the foundation to nullify in practice some Food and Drug Administration (FDA) rules that deny access to experimental treatments by terminally ill patients. Rep. Thomas Longstaff (D-Waterville) … Continue reading

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The Path to the Final Crisis by Pater Tenebrarum

‘… negative interest rates could not exist in an unhampered free market. They are an entirely artificial result of central bank intervention. The so-called natural interest rate is actually a non-monetary phenomenon – it simply reflects time preferences. Time preferences are … Continue reading

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The Tom Woods Show: Episode 628 – The War on Food and Drink Freedom, and One Group That’s Fighting Back

‘We’ve heard about the raw milk controversy, but there’s so much more to the issue of food and drink freedom, and the regulatory thicket ordinary farmers are expected to navigate. We get the inside scoop from the executive director of … Continue reading

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The Pitfalls of Currency Manipulation – A History of Interventionist Failure by Pater Tenebrarum

A History of Devastating Failures History suggests that global monetary policy cooperation in order to artificially prop up or weaken specific currencies invariably leads to major disasters. The most famous example is perhaps the agreement struck between the Federal Reserve’s … Continue reading

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A Weekly Dose of Hazlitt: The GNP Fetish

“The GNP Fetish” is the title of Henry Hazlitt’s Newsweek column from January 5, 1959. Here, Hazlitt shows the arbitrary nature of GNP (Gross National Product) statistics. Indeed this is a subset of all of the problems associated with aggregation … Continue reading

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Political Economy Quote of the Week for 20160328

“It is paradoxical that the fear of rule by organized crime families causes people to support the State, which is the most “organized” and criminal association in human history. Even if it were true that under market anarchy, people had … Continue reading

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From the Tenth Amendment Center – Signed by the Governor: Idaho Right to Try Act Rejects Some FDA Restrictions on Terminally-Ill

‘An Idaho bill that would set the foundation to nullify in practice some Food and Drug Administration (FDA) rules that deny access to experimental treatments by terminally ill patients was signed by Gov. Otter on Wednesday The House of Delegates Health … Continue reading

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