If blacks are to receive multi-million- dollar reparations from whites for the crimes of slavery and “Jim Crow” committed generations ago, will whites be able to “identify” as blacks, “transition” into being blacks and thereby join in collecting those reparations?
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.
Monday, May 22, 2023
Wednesday, May 17, 2023
The 4th Amendment Vs. Income-Tax Audits
An income-tax audit is a form of search. It is a search for unreported income and for deductions that are not allowed under the tax code.
The 4th Amendment to the US Constitution reads, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”
As I understand the 4th Amendment, it implies that
every income-tax audit should require a Warrant signed by a Federal Judge and
specify the particular probable cause on which it is based and what particular papers
or other things are to be seized.
Has the attempt ever been made to hold the government to this standard that is implied by the 4th Amendment?
Sunday, May 14, 2023
Inflation Is In the Paper Money: Some Examples
Did you know that today you can buy a brand new economy-type car, such as a Honda Civic, for the same price people paid 100 years ago for a Model T Ford?
The price
of each is/was just $300, in $20 US gold coins, each coin containing an ounce
of gold, which quantity of gold has a current market price of 2,000 paper
dollars. Fifteen such coins have a paper-dollar market value of $30,000, just
about the price of a new Honda Civic.
Thursday, May 04, 2023
100 Hours Plus of Reisman's Lectures on the Economic Theory and Political Philosophy of Capitalism
To all supporters of capitalism and economic freedom, please know that thanks to Houston attorney Stephan Kinsella, more than 100 hours of lectures by George Reisman, who studied under both Mises and Rand, have been made available free of charge on YouTube.
The
necessary links are https://www.stephankinsella.com/reisman/
Monday, April 17, 2023
The Baseless Fears of “Artificial Intelligence”
The fears of “artificial intelligence” now going around are the result of massive context dropping and consequent treatment of intelligence as a floating abstraction.
In the real world, intelligence is an attribute of living
organisms and is fed by sensory perception and affects the world through the
medium of the organism’s limbs and body.
The computers in which “artificial intelligence” supposedly resides
have no senses or limbs and thus no way of interacting with the world other than
through the human beings who control them.
I will worry about “AI” only after the first organized demonstration
occurs by computers demanding freedom from human control.
Until then, I will be happy if “AI” can achieve obedience by
computer-controlled telephone answering systems to requests to speak to a human
being, at least after their tenth repetition.
California Utility Companies Propose Charging Customers Based on How Much Money They Make - ABC7 Los Angeles
Sounds like "woke" communism. Maybe they can get Dylan Mulvaney to popularize it. Or let customers pay less in proportion to the utilities' greater income over theirs.
Tuesday, April 11, 2023
Transgenderism Reverses the Relationship Between Existence and Consciousness, Violates Logic, Destroys Concepts, and Manufactures Alleged Miracles
“Transitioning” appears to be thought of today simply in terms of sexual identity, i.e., transitioning from male to female or from female to male. However, there is no reason why there couldn’t be other kinds of “transitioning” as well. It’s all merely a matter of how one “identifies” oneself, i.e., chooses to think of oneself.
Thus, for
example, there could be “age transitioning.” In this form of transitioning,
adults can transition from adulthood to childhood, something that,
as we shall see, opens up new and additional paths to fame (or infamy).
And, of
course, children can transition immediately into adulthood, irrespective of
their biological age, which would enable such things as “adult” six-year-old
children signing up for sex-change operations, or voting.
As I say,
it’s all a matter of what an individual chooses to imagine and desire.
Age
transitioning could be combined with sex transitioning, which would represent a
more complex, multi-dimensional form of transitioning.
A simple
and obvious form of multi-dimensional transitioning would be if the biological
males who compete against biological females also claimed transitioning to
childhood.
That way,
they could add to the records and titles they presently gain by outcompeting
women, the titles they would win against children. Thus, a twenty-year-old man
might then be not only a champion against women, but also a champion against
children.
This
would enable him to more quickly fill the record books with his “accomplishments.”
Of
course, multi-dimensional transitioning includes identifying in multiple kinds
of activities. Thus, men who outcompete women in swimming, say, could also
outcompete children in baseball and thus become “Little League” champions if
they wished.
More
importantly, everyone could choose to identify as anyone, capable of doing
anything. And it would all have to be taken seriously and be respected. Anyone
who “identified” as Napoleon would have to be acknowledged as Napoleon.
Another
characteristic of “transitioning” from one category of thing to another is its kaleidoscopic
character. Thus, while still possessing his penis and testicles, a
twenty-year-old male can be both a grown woman and a small child.
Self-identifications
can change from one to the other, instantaneously, as fast as his/her/its thoughts
change.
Ideas
such as these represent a reversal of the most fundamental relationship in the
universe: the relationship between existence, i.e, reality, and consciousness.
In the
words of Ayn Rand, “Existence exists—and the act of grasping that statement
implies two corollary axioms: that something exists which one perceives and
that one exists possessing consciousness, consciousness being the faculty of
perceiving that which exists.”
The
concept of “transitioning” represents a reversal of the relationship between
existence and consciousness. It posits the primacy of consciousness over
existence. It claims that existence is the product of consciousness, that it is
whatever consciousness wants it to be.
Transgenderism
fosters insane claims, such as the claim that men can be pregnant and have
babies. Such a claim is utterly fraudulent.
It rests
on first claiming that women who “identify” as men, i.e., claim to be men, are
in fact men. Then, when some of these “men” become pregnant and have babies, it
claims that men can have babies. The reality, of course, it that these “men”
are women fraudulently labeled men.
Using the
same logic, one could find cats that bark, dogs that purr, and fish that fly.
All that one need do is fraudulently claim that there are dogs that “identify”
as cats, cats that “identify” as dogs, and birds that “identify” as fish.
The dogs,
cats, and birds, respectively mislabeled as cats, dogs, and fish, will
continue to behave as what they are, which is dogs, cats, and birds.
But
because they have fraudulently been mislabeled and continue to be fraudulently
mislabeled while behaving as what they actually are, we have the equivalent of
miracles allegedly taking place.
Thus
“cats” bark, but only because all along they are actually dogs, falsely labeled as cats. Dogs purr because all along they are actually cats, falsely labeled as dogs. And fish fly because all along those “fish” are actually
birds, falsely labeled as fish.
And
finally, “men” can be pregnant and have babies, because all along they are not
men, but women, falsely and fraudulently mislabeled as men.
Transgenderism
is an assault on concepts. Its consequence is scrambled thoughts, in which
ultimately everything can become everything else with which it allegedly
“identifies.”
The
concept of “transitioning” is an assault on the laws of logic. The most
fundamental law of logic is that “A is A,” a thing is itself and not anything
that is not itself. Thus, a man is a man and not a woman; a woman is a woman
and not a man.
The most
obvious thing that makes a man a man is the possession of a penis. The most
obvious thing that makes a woman a woman is the possession of a vagina.
Physicians
who deliver babies see which organ the newborn baby possesses and classify it
as a boy or girl accordingly.
They do
not arbitrarily “assign” it to the one sex or the other, leaving open the
possibility that later on their recording of the fact will be overridden by the
child’s opposite identification. There is no objective basis for an opposite
identification.
A penis
is not and cannot be a vagina. A vagina is not and cannot be a penis.
While
these are the physical facts, people can have confused ideas. They can
fantasize about being a member of the opposite sex, though they can never
actually be a member of the opposite sex and thus can never know what it is
actually like to be a member of the opposite sex.
When a
person’s ideas contradict immutable facts, the rational thing to do is to try
to change his ideas, not the facts.
To the
extent that the confused ideas may be reinforced by bodily characteristics that
could be interpreted as suggestive of the opposite sex, giving such an
individual sex hormone therapy may well be a logical thing to do.
But the
hormones should not be those of the opposite sex, but those of his or her own
sex.
Thus men
who want to think of themselves as women, should be given male hormones, not
female hormones, testosterone not estrogen.
Women who
want to think of themselves as men should be given female hormones, not male
hormones, estrogen not testosterone.
There is
no more fundamental task facing the supporters of logic and reason, and on
their foundation, freedom and capitalism, than uprooting the slide into madness
that transgenderism represents.
If we do
not want to live in a world run by lunatics and populated by craven cowards
willing to say and believe anything, we must put an end to transgenderism. The
way to accomplish this is through the power of logic, not physical force.
Just as
one is forced to accept the propositions of mathematics and natural science,
which are reached by facts and logic, so too can the case against
transgenderism be made.
Wednesday, February 15, 2023
Enviro-Communism/Nazism: A Program of Idiots
They don’t know what a woman is, and believe that men can have babies, which is ignorance on the level of not knowing that one plus one equals two. In effect, they describe themselves as idiots. (The IQs of idiots range from 0 to 25.)
Yet at the same time, they claim to know that unless we give up fossil fuels, and all the necessities and conveniences that depend on them, eat bugs instead of beef, and even reduce the use of anesthesia, global warming will massively raise sea levels and cause mass drowning.
With IQs closer to the level of inanimate objects than to that of most human beings,
they do not realize that precisely fossil fuels is what would prevent any major
loss of human life caused by rising sea levels or practically any other natural disaster.
Fossil
fuels give to man the ability to evacuate large numbers of people from
the scene of impending natural disasters and then quickly to replace whatever
property has been lost. This because they raise the productivity of human labor enormously and progressively.
The world
could quickly recover even from property damage every generation on the scale
of that of World War II, so long as it had the productivity of labor and
preservation of human life made possible by fossil fuels.
The
hostility to fossil fuels, beef, and even anesthesia, are leading manifestations of hatred of
human life and well-being. It is the hatred of the communists and Nazis for the
human race and its happiness.
Idiots
want us to give up the power of our individual brains and their coordination
through voluntary social cooperation and its offshoot the price system.
Instead,
they want to replace the integrated, coordinated planning of billions of average
and above-average individual people with the delusions of a relative handful of
idiots foisted on the population by force and fraud.
The world
must soon choose between capitalism and enviro-communism/Nazism, between the thinking
and planning of billions of individuals motivated by the prospect of induvial
gain, and grandiose delusion imposed by force and fraud.
Saturday, February 04, 2023
Sunday, January 08, 2023
How t Stop the Decline of Western Culture: Read Mises, Rand, and Reisman
Western Culture is in its greatest decline since the 3rd Century, when the Graeco-Roman culture of the Ancient World began its descent into the Dark Ages. Self-made sub-morons declare that men can have babies and that one cannot say what a woman is without a degree in biology.
Instead
of being justly ridiculed and booed out of the Senate hearing room, one such
moron was made a member of the US Supreme Court a few months ago. Why? Because
her being a woman[?!] of color was thought essential to prove that the Court
did not regard race or sex as essential.
What was
proved, of course, is that a majority of the present US Senate is a pack or
racist fools who tripped over a glaring contradiction that they hold, the
contradiction between their alleged opposition to racism and their obvious
racism.
They were
racist in insisting that the candidate belong to a favored race, and also
“sexist” in demanding that she belong to the favored female sex, which, unlike
even a very small child, some of them can’t define.
Contemporary
culture, the cultural “mainstream,” is a cesspool of absurdities and
contradictions. It needs to be replaced.
One
source of replacement is the inspiration that can be gained by studying works
of the past. As the men of the Renaissance were inspired by the works of Antiquity,
so too, we can be inspired the works of the more than 25 centuries that
preceded us.
But there
are some very recent authors, up to now largely ignored, who have a great deal
to say that can be of great value in changing our cultural “mainstream,”
particularly in the areas of philosophy and economics. They are Mises, Rand,
and Reisman.
Mises’s Socialism
and Human Action, Rand’s Atlas Shrugged, and Reisman’s Capitalism
are four of the most essential books of
this kind.
Reisman’s Capitalism contains an extensive bibliography of books including, in addition to all of the works of Mises and Rand and the leading works of the enemies of capitalism, such as Marx and Keynes, the leading works of all lesser supporters of capitalism.
(Search respectively
under Ludwig von Mises, Ayn Rand, and George Reisman in the category “All.”)
Sunday, February 27, 2022
Biden Is Breaking the Law
The Civil Rights Act of 1964 makes it illegal to discriminate on the basis of race. Yet that is exactly what Pres. Biden is doing on behalf of his nominee to the Supreme Court. Republicans should name this fact repeatedly in the hearings and otherwise refuse to participate.
Tuesday, February 22, 2022
Washington’s Birthday
Today,
February 22, is Washington’s Birthday. For most of our history, it was
celebrated as a national holiday and deserves to be again. Lincoln’s Birthday
can be combined with that of Martin Luther King and celebrated as “Black Freedom
Day.”
However
great the merits of Martin Luther King may be, they do not outweigh those of
the Father of Our Country, which is what Washington was. Yet this is what is implied by giving King a national holiday but not Washington.
The
communists, socialists, and progressives who attack Washington for owning
slaves have no solid ground on which to do so, for, unlike Washington, who
sought the end of slavery and ultimately freed his slaves, they seek the reimposition
of slavery—for everyone.
Socialism
requires that everyone work for the government, for whatever pittance the government
chooses to pay. This is slavery.
Monday, February 21, 2022
Reason Is Infinitely More Important Than Race
A commonality of skin color and associated facial features is as nothing compared to the fact that human beings of all races share the faculty of reason. The former may allow for an interesting group photo once in a while.
The
latter is what underlies the accumulation and application of knowledge and
gives to the members of all races the ability to produce the goods and services
that the members of all races need and desire.
Every day
the members of all races benefit from the work of the members of all other
races in that greatest phenomenon of voluntary social cooperation, the division
of labor and capitalism.
For
elaboration, read my Capitalism. It’s available in Kindle, hardcopy, and a
two-volume paperback edition at Amazon.com:
george reisman, capitalism a treatise on economics
Sunday, November 21, 2021
How Fox News Can Better Counter The Leftist Networks
Commentators on Fox News have rightly said that the various leftist networks make a major contribution to rioting and civil unrest by creating a false narrative on important events, which is then disappointed, seemingly with no explanation but some nonsense such as “white racism.”
Fox can
do something about this. For one thing, it should post on YouTube such decisive
commentaries as its showing how the prosecutor in the Rittenhouse case actually
made the case for the defense.
Amazingly,
he called one witness after another who testified that Rittenhouse was the
victim of aggression, not the aggressor.
Fox
should also post on YouTube all of its series of snippets showing one after
another of the leftist commentators using the identical key words in their
commentaries, as though they had all been briefed beforehand by the Ministry of
Propaganda.
Finally, Fox should consider advertising on the other networks by showing how it differs from them, in not following a leftist party line, and catching them up in their lies, such as creating the impression that the men Rittenhouse shot were black.
Sunday, November 07, 2021
Some Questions About Income Tax Audits
An income tax
audit is essentially a search. Why, consistent with the Fourth Amendment to the
US Constitution, doesn’t it require a search warrant signed by a judge?
Since income-tax audits sometimes lead to criminal prosecutions and jail sentences, why is it not a requirement that anyone whom the IRS wishes to audit, first be given a “Miranda Warning,” with its notification of the right to remain silent and to have an attorney present?
Why isn’t the 5th Amendment to the US Constitution and its protection against self-incrimination a routine basis for the refusal to submit to an audit, thus requiring the IRS to make its cases without the cooperation of citizens forced to help in their own incrimination?
Friday, November 05, 2021
What Using the Pronouns Chosen by "Transgender" People Means
Please explain the difference between using the pronouns chosen by “transgender” people and working as an unpaid extra in someone’s sexual fantasy.
Thursday, November 04, 2021
How “Men” Can Give Birth.
Start with a woman. Get the woman to declare that she “identifies” as a man. So now, according to the prevailing view in “intellectual” circles, this woman is a man.
So, if she
(“he”) becomes pregnant and gives birth, we supposedly have a case of a man
giving birth, because the woman has been mislabeled as a man.
In this
way, its’s possible to explain how a “cat” can bark like a dog, and how fish
can fly and birds can swim. It’s all a matter of fraudulent labeling and then feigning
shock when the mislabeled thing behaves in accordance with its actual nature.
Sunday, October 10, 2021
COLUMBUS DAY IS COMING
Education is the transmission of civilization from previous generations to the rising generation. By the end of it, children have become civilized adults and see themselves as members of the civilization in which they have been educated.
Columbus discovered America from the perspective of those who are members of Western Civilization, including descendants of the American natives who greeted him. As educated people, they are no longer indigenous natives but modern “Westerners.”
To the extent that they do not identify with Columbus but with their primitive ancestors, they have not been educated.
To learn more, see my Kindle book Contemporary Education’s Racist Road to Barbarism, available at https://www.amazon.com/gp/product/B00P4IT3JC/ref=dbs_a_def_rwt_bibl_vppi_i7
Tuesday, September 28, 2021
Murderous Marxist Morons
Candidate for a bumper sticker: “Murderous Marxist Morons.”
A challenge to Murderous Marxist Morons: Explain what you or anyone else would have to do to centrally plan the economic system. Where would you start? what would you have to know? Could the planning be subdivided without immediately becoming a chaos?
Socialist
central planning would require that each member of the Central Planning Board
be able to hold in his mind all of the factories, pieces of equipment, and all
other means of production, where they were, what they were capable of
accomplishing, and when, for a generation.
Capitalism is full of economic planning—on the part of all the individual participants in the economic system. If you go shopping with a shopping list, you have an economic plan: you’re planning to buy what’s on your list.
Wage earners, consumers, and businessmen make countless plans with respect to all aspects of their operations. Murderous Marxist Morons are too stupid to realize this. They think capitalism is a planless chaos first awaiting planning by them.
The alleged planning of the Murderous Marxist Morons is an empty wish list of goals that they announce every five years (the Soviets’ Five-Year Plans) or every four years (the Nazis’ Four-Year Plans).
Meanwhile, under capitalism, all parts of the economic system are continually planned and re-planned in response to changes in individual profit and loss calculations.
The planning of virtually all aspects of capitalism by its individual participants is harmonized, coordinated, and integrated by the price system, which rests on the profit motive and the freedom of competition, which in turn rest on private ownership of the means of production.
The Murderous Marxist Morons know nothing of this. Their contribution to production and civilization is nothing other than the destruction of capitalism and its price system and thus of rational economic planning The result is chaos, poverty, suffering, and death.
To learn more, read chapters 6-8 of my Capitalism: A Treatise on Economics, available on Amazon under "George Reisman, Capitalism: A Treatise on Economics".

