Monty Pelerin's World

Liberty as an Ephemeral Event “If men are good, you don’t need government; if men are evil or ambivalent, you don’t dare have one.”  Robert LeFevre Introduction It is natural [...]

There are few economic problems that don’t originate in politics. Originally, economics was known as political economy because the early practitioners understood the importance of institutions on economics. One of [...]

Image via Wikipedia P. J. O’Rourke’s political humor frequently causes me to laugh out loud. His humor is funny because there is truth contained within. Until recently, one of my [...]

Image via Wikipedia Image via Wikipedia I believe that the country is in long-term secular decline. There is no natural “cycle of civilization” that causes this decline. Historical declines are [...]

Image via Wikipedia On several occasions (the most recent) I have discussed the abandonment of our Constitution and its principles as leading to the inevitable economic mess we now confront. [...]

Image via Wikipedia Image by The Library of Congress via Flickr “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but [...]

Here is another, similar take on my previous post. This one via The Big Picture. The frightening thing, at least to me, about Rosner’s commentary, is less the stupidity of [...]

Image via Wikipedia In a democratic system, the majority expresses itself through the ballot box. When representatives become unresponsive to the citizenry, they are voted out of office. But what if the replacements are [...]