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.

Tuesday, October 27, 2020

News Suppression and Its Implications

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News stories alleging major corruption on the part not only of the son of the Democratic candidate for President, but also on the part of th...
Sunday, October 25, 2020

How Capitalists Can Be Socialists

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At the present moment, we are witnessing a phenomenon that to many people appears bizarre and inexplicable: the phenomenon of wealthy capita...
Monday, October 19, 2020

Another Global Warming

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Melting Alpine glaciers are revealing a previous age of global warming 9,500 years ago. A race is on to retrieve artifacts from that era. (S...
Wednesday, October 14, 2020

“Progressives” Are Neanderthals

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The use of the term “progressive” as a description of advocates of Left-wing policies derives from Marxism. Marxism claimed that socialism i...
Sunday, October 11, 2020

Columbus Day 2020 II

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Columbus Day, which this year marks the 528 th anniversary of Columbus’s discovery of America, is tomorrow. Everyone who identifies himse...
Friday, October 09, 2020

My and Your Individual Preferences Matter

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Here’s my preference: I prefer global warming and rising sea levels to socialism and a life of deprivation and poverty. I prefer my car, m...
Monday, October 05, 2020

Columbus Day 2020

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Columbus Day, which this year marks the 528 th anniversary of Columbus’s discovery of America, is one week from today. Some people ask, h...
Sunday, October 04, 2020

Countering Support for Evil Causes and Canceling

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A number of major firms have contributed substantial sums of money to Black Lives Matter. Others flee from sponsoring anyone whom the Left w...
Friday, October 02, 2020

Answer to Elliot Temple

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  I’d like to add an important additional point to the argument against the government’s policy of massive violation of individual freedom t...

The Democrats Are Leading Advocates of Police Violence

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T he Democrats, who complain about police violence and want to “defund” the police, are among the greatest advocates of police violence. The...
Thursday, October 01, 2020

I Refuse to Serve as a Conscript in Anyone’s Global Plan

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The purpose of my life is my own happiness. It is not to serve as a conscript in anyone’s cockamamie scheme to “bend a curve,” hold back the...
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...
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