The Lew Rockwell Show is a great podcast series that features Lew Rockwell interviewing various people. I highly recommend that all of my readers subscribe to this podcast. Recently he interviewed possible US Senate candidate Peter Schiff.

If you want to donate to Schiff’s senatorial campaign head over to Schiffforsenate.com

You can also pre-order his new book Crash Proof 2.0 on Amazon.com

Listen to the interview here:
Download

Ron Paul’s new book End the Fed has just been made available for pre-order at Amazon.com.

One reviewer says: “Everyone must read this book — Congressmen and college students, Democrats and Republicans — all Americans. The Federal Reserve, which serves private banks, has compromised our economy and is undermining our freedom. It can and must be stopped now. Ron Paul shows us how and why we must end the Fed. Read this book!”

From the description: “Most people think of the Fed as an indispensable institution without which the country’s economy could not properly function. But in END THE FED, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional.”

I also recomend Thomas Wodds’ Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse to read while you wait for End the Fed.

Today is the birthday of Milton Friedman, quite possibly one of the most well-known free market economic thinkers. He is known for advocating a reduction in the role of government in the market place in oreder to maximize political and social freedom. Friedman passed away in 2006, but his ideas live on.  We salute you, Milton Friedman.

Video after the break.

On Greed:

Libertarians like Ron Paul saw the crisis coming as early as 2002.  It is not a failure of the free market, it a failure of big government intervention into the market place.  Watch the video for a great explanation:

Lew Rockwell recently posted an article on his blog reflecting on the current state of the economy and so-called deflation. Here is an excerpt:

It is a marvelous thing to see the market work, in good times and bad. Just look at the way that marvelous, unplanned barometer of wise resource use – the price system – has reacted in response to the human reality of economic downturn.

As we prepare for the future with the holidays upon us, consumers are wondering whether it is a wise thing to take on too many new financial burdens. They are cutting back and still somewhat indecisive about the economic climate. For most people, the only real evidence of downturn they see is the devastation that has been wrought on their retirement accounts. This causes quite a psychological hesitation to buy.

Click here for the full article. It is definitely worth your time.

P.S. Sorry I haven’t posted in a while. I am working on an epic piece regarding Lysander Spooner and his battles against the US Post Office’s monopoly on the delivery of the mail.

Also, if you are in a very giving mood this holiday season, you can check out my wish list on the right hand side of the page, or you can click here to view it!