Krugman’s Ideas on Deflation & Why He’s Really not a Knucklehead

"Far be it for me to argue economics with Paul Krugman. The man is extremely well-credentialed and has been published widely. Even if I don’t see eye to eye with him I don’t think he’s a knucklehead like many libertarians assert. Moreover, once we’re working inside of monopoly capitalism like we are now he very well may be right about how to manage its wackiness and the imperative of doing so. After all, the Keynesian foundational position is one which acknowledges the inherent instability of state capitalism as it needs the state’s anti-market power to substantially interfere in order to keep the system afloat.
The Austrian or libertarian position we hold though isn’t purely about the follies of central planning or maintaining state capitalism but also the injustice of doing so. We aren’t as concerned with how to keep state capitalism/corporatism afloat because its existence is an insult to a free people. We should be able to legally choose our own tender without threat of punishment for which currency we peacefully use. This true federation and competition between monies would go very far in protecting us from the volatility of the currency market, meddlesome bureaucrats and political whim."

Read the rest of the article at
Silver Underground.

Ross Kenyon,
Assistant Editor, THL
Articles | Author's Page

Ron Paul’s Devious Plan to Steal the Presidency

This is an absolute hoot! Ron Paul hating Republicans are in panic mode. The website Hillbuzz.org includes in its blogroll Ann Coulter, Michelle Malkin and Conservatives4Palin. Hillbuzz is so utterly revolting that I may just have to subscribe to its updates. Up until yesterday, I really hadn’t taken the Ron Paul campaign very seriously. Most non-Paul voters probably felt like I did, and laughed him off as that “kooky Uncle” who didn’t have a chance in hell to win the Republican nomination for President. Well, I’ve changed my mind. Big time. Yesterday I attended the Republican organizational convention for my Senate district here in Minnesota, and what I witnessed was an organized take-over of our nomination process by Ron Paul cultists. They came to this convention with the sole intent to take over as many of the delegate seats as they could, and sadly, they succeeded. Read the rest here Hillbuzz

How To Gain More Twitter Followers

Earlier today, I wrote : "My goal is to write a book before the end of March. My goal is to spend no more than a week from start to publication, spending as much time as I need in order to get it done during that week. My goal is to give it away to you for free here on HumbleLibertarian.com. What's a goal you have? Something you may have been putting off for years? Something you could accomplish in one month if you were determined? If it's near-term enough of a goal, and specific enough of a goal, and you share it in the comments below, feel free to tell me how I can help you and I'll do whatever I can. If it's a libertarian / news / politics-related goal, my manner of help would be easy to determine. I could promote it, introduce you to someone via email, (etc.). If it's something apolitical like quit smoking cigarettes, start exercising, learn guitar, start a business, gain more Twitter followers, learn another language, eat a paleo diet, or...

IRS Admits Targeting Tea Party!

You think Matt Drudge is just being hysterical in that screenshot above? With that ALL CAPS headline about the IRS? Being hysterical, while trying to sell you chocolate covered strawberries for Mother's Day? Well guess again, because you know this is seriously crazy when even the AP is using all caps for their headline , and filing it under a subdomain called "bigstory": The AP says : The Internal Revenue Service inappropriately flagged conservative political groups for additional reviews during the 2012 election to see if they were violating their tax-exempt status, a top IRS official said Friday. Organizations were singled out because they included the words "tea party" or "patriot" in their applications for tax-exempt status, said Lois Lerner, who heads the IRS division that oversees tax-exempt groups. In some cases, groups were asked for their list of donors, which violates IRS policy in most cases, she said. "That was wrong. T...

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