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12. The End of Central Banking, Part I
- Author:
- Richard M. Salsman
- Publication Date:
- 03-2013
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Argues, via a mountain of evidence, that the ultimate purpose of central banking is not to "correct market failures" or "prevent financial crises" or the like, but to finance fiscally profligate governments and welfare states.
- Topic:
- Government
13. Why "Big Government" is Not the Problem
- Author:
- Eric Daniels
- Publication Date:
- 03-2013
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Surveys various problems inherent in focusing on the non-essential characteristic of government\'s size rather than on the truly essential characteristic of whether and to what extent government protects or violates individual rights.
- Topic:
- Government
14. Beyond Politics: The Roots of Government Failure by Randy Simmons
- Author:
- Ari Armstrong
- Publication Date:
- 03-2013
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- If you want to learn the theories and history of economists who champion government controls of the economy-and of economists who criticize such intervention-Randy T. Simmons's Beyond Politics: The Roots of Government Failure is a fantastic resource.
- Topic:
- Economics, Government, and Politics
15. From the Editor
- Author:
- Craig Biddle
- Publication Date:
- 03-2013
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Welcome to the Spring 2013 issue of The Objective Standard.
- Topic:
- Economics, Government, and Financial Crisis
- Political Geography:
- United States
16. Letters and Replies
- Publication Date:
- 03-2013
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- I want to thank C. Bradley Thompson for his excellent (and disturbing) article on government "education" ["The New Abolitionism: Why Education Emancipation is the Moral Imperative of our Time," TOS, Winter 2012-13]. Among the many disturbing facts Dr. Thompson reports, one that affected me personally concerns homeschooling in California. I have done (and continue to do) some homeschooling for local California families and was disturbed to learn that what I do was ruled illegal by some judge named Croskey. I was relieved to find by the end of the paragraph that Croskey (partially) reversed his ruling. What an abhorrent man and system! I, too, am an abolitionist.
- Topic:
- Education, Government, and Law
- Political Geography:
- California
17. The Truth about Gun Control
- Author:
- Ari Armstrong
- Publication Date:
- 06-2013
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Should government further restrict the ability of rights-respecting Americans to buy, own, and carry guns, or should it recognize that ability as a basic right and protect it? David B. Kopel, among the most influential Second Amendment scholars working today, makes a terse but cogent argument for the right to keep and bear arms in his latest book, The Truth about Gun Control.
- Topic:
- Government
- Political Geography:
- America
18. Letters and Replies
- Publication Date:
- 06-2013
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- I have just read Richard Salsman's "The End of Central Banking, Part I" [TOS, Spring 2013], and am amazed at how much it has explained. I have been disturbed and frustrated by many of the Federal Reserve's actions in recent years, but had not known where to turn to find explanations for what is going on and why the Fed has the authority for these actions. I had found nothing in my normal reading to help me understand these actions, but Dr. Salsman has explained their cause. My thanks to him for the superb history and commentary. Thanks also to The Objective Standard for publishing this article.
- Topic:
- Government
19. Ayn Rand: America's Comeback Philosopher
- Author:
- Craig Biddle
- Publication Date:
- 12-2012
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Mitt Romney and Paul Ryan have labeled themselves “America's Comeback Team”—a political tagline that would be great were it grounded in a philosophical base that gave it objective, moral meaning. What, politically speaking, does America need to “come back” to? And what, culturally speaking, is necessary for the country to support that goal? America was founded on the principle of individual rights—the idea that each individual is an end in himself and has a moral prerogative to live his own life (the right to life); to act on his own judgment, un-coerced by others, including government (liberty); to keep and use the product of his effort (property); and to pursue the values and goals of his choosing (pursuit of happiness). Today, however, legal, regulatory, or bureaucratic obstacles involved in any effort to start or operate a business, to purchase health insurance, to plan for one's retirement, to educate one's children, to criticize Islam for advocating violence, or so much as to choose a lightbulb indicate how far we've strayed from that founding ideal. If America is to make a comeback—and if what we are to come back to is recognition and protection of individual rights—then Americans must embrace more than a political tagline; we must embrace a philosophy that undergirds individual rights and that gives rise to a government that does one and only one thing: protects rights. Although the philosophy of the Founding Fathers was sufficient ground on which to establish the Land of Liberty, it was not sufficient to maintain liberty. The founders advocated the principle of individual rights, but they did not fully understand the moral and philosophical foundations of that principle; they did not understand how rights are grounded in observable fact. Nor did the thinkers who followed them. This is why respect for rights has been eroding for more than a century. If America is to “come back” to the recognition and protection of rights, Americans must discover and embrace the philosophical scaffolding that undergirds that ideal, the scaffolding that grounds the principle of rights in perceptual fact and gives rise to the principle that the only proper purpose of government is to protect rights by banning force from social relationships. The philosophy that provides this scaffolding is Ayn Rand's philosophy of Objectivism. To see why, let us look at Rand's philosophy in contrast to the predominant philosophies of the day: religion, the basic philosophy of conservatism; and subjectivism, the basic philosophy of modern “liberalism.” We'll consider the essential views of each of these philosophies with respect to the nature of reality, man's means of knowledge, the nature of morality, the nature of rights, and the proper purpose of government. At each stage, we'll highlight ways in which their respective positions support or undermine the ideal of liberty. As a brief essay, this is, of course, not a comprehensive treatment of these philosophies; rather, it is an indication of the essentials of each, showing how Objectivism stands in contrast to religion and subjectivism and why it alone supports a culture of freedom. Objectivism stands in sharp contrast to religion and subjectivism from the outset because, whereas religion holds that there are two realities (nature and supernature), and whereas subjectivism holds that there is no reality (only personal opinion and social convention), Objectivism holds that there is one reality (this one before our eyes). Let's flesh out these differences and their significance with respect to liberty. . . .
- Topic:
- Government and Islam
- Political Geography:
- America
20. Free Market Revolution: How Ayn Rand's Ideas Can End Big Government by Yaron Brook and Don Watkins
- Author:
- Ari Armstrong
- Publication Date:
- 12-2012
- Content Type:
- Journal Article
- Journal:
- The Objective Standard
- Institution:
- The Objective Standard
- Abstract:
- Stop letting the enemies of capitalism claim the moral high ground. There is nothing noble about altruism, nothing inspiring about the initiation of force, nothing moral about Big Government, nothing compassionate about sacrificing the individual to the collective. Don't be afraid to dismiss those ideas as vicious, unjust attacks on the pursuit of happiness, and self-confidently assert that there is no value higher than the individual's pursuit of his own well-being.
- Topic:
- Economics and Government
- Political Geography:
- America