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, September 25, 2020

Irresponsible Reporting Causes Needless Outrage Two Times Over

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The Breonna Taylor case in Louisville, KY is an example of today’s media doing such an irresponsible job of reporting, that the result is ne...
Wednesday, September 23, 2020

Self-Interest and Social Benefit

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Capitalism is a system of voluntary social cooperation in which each benefits himself to the extent that he benefits others. He benefits him...
Monday, September 21, 2020

Re: The 1619 Project

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Ancient Rome, Greece, Babylon, Egypt, India, China, and Africa too, all had slavery. None of them created the Industrial Revolution. Great B...
Sunday, September 20, 2020

Why Trump’s Nominee to Scotus Must be Confirmed ASAP

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Senators Susan Collins and Lisa Murkowski seem to think that respecting alleged canons of electoral etiquette is more important than strengt...
Saturday, September 19, 2020

The False Distinction Between “Micro-“ and “Macro-“ Economics

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Sound economics always considers the actions of the individual in relation to the rest of the economic system and the economic system as a w...
Friday, September 18, 2020

Replace Justice Ginsburg with a Strong Constitutionalist

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The United States is teetering on the brink of a revolution or civil war. To move our country back toward peace and stability, Pres. Trump m...
Wednesday, September 16, 2020

Are Marxists Scaredy-Cats?

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Marxists and the other mindless morons they influence, have been running around picking fights with statues of long dead slave owners that t...
Tuesday, September 08, 2020

In Aggregate Economic Accounting Most Spending Is Not Consumption but Is Concealed under Net Investment

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Attention: all economics students. Perhaps the most prominent equation in macroeconomics is that national income (essentially the sum of pro...
Thursday, August 27, 2020

Marxists Topple Statues as a Step Toward Killing People

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Marxists and the other mindless morons they influence have been running around picking fights with statues of long dead slave owners that th...
Sunday, August 23, 2020

Reisman’s Final Year’s University Lectures Available for Download Without Charge

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Recently, a reader of my book Capitalism: A Treatise on Economics, told me that he believed that he had been able to get more out of my book...
Saturday, August 15, 2020

Slavery as the Cause of General Loss

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While slavery enriched slave owners, it impoverished not only the slaves but also the United States as a whole. Its impoverishment of the US...
Friday, August 14, 2020

The Meaning of Being “Green”

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Two differences between “Lockdowns” and “The Green New Deal” are that under “The Green New Deal” you won’t have gas for your car if you want...
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...
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