George Reisman's Blog on Economics, Politics, Society, and Culture

This blog is a commentary on contemporary business, politics, economics, society, and culture, based on the values of Reason, Rational Self-Interest, and Laissez-Faire Capitalism. Its intellectual foundations are Ayn Rand's philosophy of Objectivism and the theory of the Austrian and British Classical schools of economics as expressed in the writings of Mises, Böhm-Bawerk, Menger, Ricardo, Smith, James and John Stuart Mill, Bastiat, and Hazlitt, and in my own writings.

Friday, August 07, 2020

Lunatics In Charge

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Why isn’t Seattle mayor Jenny Durkan  under indictment for manslaughter and being sued for wrongful death? She withdrew any police presence ...
Thursday, August 06, 2020

Hate Speech: When It Is Deserved and Morally Necessary

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I hate Hitler, Stalin, and Mao for their scores of millions of murders. I’m glad they’re dead and I hope they suffered as greatly as possibl...
Tuesday, August 04, 2020

Arbitrary, Sadistic Democrat Congressional Inquisitors

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The other day, I watched a video of AG Barr being questioned by the Democrats on the House Judiciary Committee. I still can’t believe what ...
Wednesday, July 15, 2020

Mass Death But Never Trump

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Today’s Democratic Party is the party of Marxism, Socialism, and Environmentalism. Yet “Never Trumpers” seem to prefer the possibility of ...
Friday, July 10, 2020

Listen to Socialists’ Public Confessions

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Never trust a socialist businessman. As a socialist, he’s telling you he thinks profits are stolen from the wage earners. But as a business...
Wednesday, July 08, 2020

Accountability

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There’s been a lot of talk recently about making the police more accountable. There’s some legitimacy to that. But what about making mayor...
Monday, July 06, 2020

Washington and Jefferson, Slavery and Marxism

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Do not believe the claim made by the media morons that statues of Washington and Jefferson have been toppled because these Presidents owne...
Saturday, July 04, 2020

Who Are the Supporters of Slavery?

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Ever since the defeat of the Nazis in WWII, Marxists/Socialists have clearly been the world’s leading advocates of slavery. For elaboration...
Thursday, July 02, 2020

Freedom of Economic Inequality Is Not Only Not a Problem But the Solution to Economic Problems

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On July 1, the NY Times ran an article titled “Is Economic Inequality Really a Problem?” ( https://www.nytimes.com/2020/07/01/opinion/econo...
Monday, June 29, 2020

On Maintaining the Police and Army

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The essential and only proper function of government is to protect its citizens against the initiation of physical force. This means having...
Sunday, June 28, 2020

Socialism Is Slavery and Worse

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Socialism is government ownership of the means of production. Since all work requires the use of means of production, under socialism the...
Wednesday, June 24, 2020

Tuition Refunds for Today's Uneducated Graduates

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Most college and university graduates of the last generation or more are essentially uneducated in the nature and values of modern Western...
Saturday, June 13, 2020

Riots Are Riots Even Though the New York Times Calls Them "Protests"

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The New York Times has described the Minneapolis police force as peaceful and non-violent for the most part———OOPS! MISTAKE!!! MISTAKE!!! ...
Sunday, June 07, 2020

What the Protests Are Protesting

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The “protests” are not against the death of George Floyd. His connection is no greater than the length of the fuse needed to set off a vas...
Saturday, June 06, 2020

Trump Versus Our Enemies

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Retired General Mattis has accused Pres. Trump of dividing the country in a time of crisis. ( https://www.nytimes.com/2020/06/03/us/politic...
Sunday, May 31, 2020

Bailouts and the Destruction of the Buying Power of Money

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In the first chapter of Capitalism , I wrote, “In the absence of a widespread, serious understanding of the principles of economics, the ci...
Monday, April 13, 2020

The Coronavirus Must Not Be Allowed to Make the Dollar into the New Toilet Paper

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Do not be surprised if, a year from now, prices are 20 percent or more higher than they are today and that tens of millions of elderly peopl...
Thursday, April 02, 2020

Major Inflation and Great Depression at the Same Time?

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Re: https://mises.org/wire/why-world-has-dollar-shortage-despite-massive-fed-action Mises.org: Why the World Has a Dollar Shortage Dear...
Tuesday, March 31, 2020

How Far Left the Democrats Actually Are

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It’s clear that today’s Democratic Party is very far left. But it may come as a surprise to learn that it’s further to the left than the Ch...
Monday, March 30, 2020

Coronavirus March 30, 2020

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According to worldometer ( https://bit.ly/3bDD6rk ), the latest US death toll from the Coronavirus is 2,938, an increase of 538 from the 2...
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