RIP James M. Buchanan (October 3, 1919 – January 9, 2013)

Nobel laureate and Classical Liberal economist James M. Buchanan has died today.  He was one of the most important economist of the 20th. Century and will be long remembered for his work on the principles of economic self-interest and their use to understand why politicians do what they do.

He received a Doctor Honoris Causa Degree from my home university at Universidad Francisco Marroquin in 2001 (link to video of his visit to UFM) and his books were some of the most important ones in my education during my college years.  At UFM I learned about Buchanan with Carrol Rios de Rodriguez.  Prof. Rodriguez is one of my favorite teachers and she was the former Director of the a Center for the Study of Public Choice, where the ideas of Buchanan and Tullock first were taught to me.

Here are some interviews to remember the work of this great man and I invite you all to read his books and continue learning!

Hayek and Buchanan: Rawls, Egalitarianism and Social Justice

James Buchanan on Chicago School Thinking: Old and New

James M. Buchanan on Economists and the Great Recession

James M. Buchanan on “Institutional Sources of America’s Fiscal Tragedy”

buchanan521

Rest in Peace James M. Buchanan

(October 3, 1919 – January 9, 2013)

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Course on Human Action starts tomorrow!!!

Starting Tomorrow:

Human Action, Part 1

Instructor: David Gordon
Cost: $79 (50% off!)
Dates: September 12 – November 6, 2012
Length: Eight weeks

Register Now!

It is perhaps the most important and profound book ever written. Yet how many, in their attempts to read it, have been stopped in their tracks by Part I? In those 7 chapters, Mises lays out the philosophical underpinnings of economics and social philosophy. So they are crucial for understanding the rest of the treatise. Yet, for the reader not versed in philosophy, the technical terminology and references can be daunting.

In this course, David Gordon will clearly explain everything you need to know to make sense of the concepts presented in these chapters. He will define the terms, provide background for the references, and make clear exactly what it is that Mises is saying in these passages.

If this classic has been sitting on your shelf or in your Kindle, just waiting for you to tackle it, there is no better way to start than with this course, which will be followed by subsequent courses taught by Mises Academy faculty, covering the rest of Human Action.

Lectures

The video lectures are online. Lectures will be Wednesday evenings, 6:30-8:00 pm Eastern time. They will be recorded and made available for enrolled students to download.

Reading:

All readings will be free and online. A full hyper-linked syllabus with readings for each weekly topic will be available for all students.

Grades and Certificates

The final grade will depend on quizzes. Taking the course for a grade is optional. This course is worth 3 credits in our own internal system. Feel free to ask your school to accept Mises Academy credits. You will receive a digital Certificate of Completion for this course if you take it for a grade, and a Certificate of Participation if you take it on a paid-audit basis.

Refund Policy

If you drop the course during its first week (7 calendar days), you will receive a full refund, minus a $25 processing fee. If you drop the course during its second week, you will receive a half refund. No refunds will be granted following the second week.

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About David Gordon

David Gordon is a senior fellow at the Ludwig von Mises Institute. He was educated at UCLA, where he earned his PhD in intellectual history. He is the author ofResurrecting Marx: The Analytical Marxists on Exploitation, Freedom, and JusticeThe Philosophical Origins of Austrian EconomicsAn Introduction to Economic Reasoning, and Critics of Marx. He is also editor of Secession, State, and Liberty and co-editor of H.B. Acton’s Morals of Markets and Other Essays.

Dr. Gordon is the editor of The Mises Review, and a contributor to such journals as AnalysisThe International Philosophic Quarterly,The Journal of Libertarian Studies, and The Quarterly Journal of Austrian Economics.

Free ebook: The Morality of Capitalism by Tom G. Palmer

Today I finished reading a great book titled “The Morality of Capitalism” written by Tom G. Palmer.

The book is the result of a project done by the US based think tank “Students for Liberty“. As explained by the think tank leaders, the book was written as a “new tool in the fight for liberty, a new book on The Morality of Capitalism, What Your Professors Won’t Tell You.”

About the book by John Mackey, CEO of Whole Foods

The book can be downloaded for free in the following website: full PDF of The Morality of Capitalism, What Your Professors Won’t Tell You or can be bought at only $0.99 in a Kindle format via Amazon.com

About The Book

“Love and friendship are the fruits of mutual benefit through cooperation, whether in small or in large groups.  Without such mutual benefit, society would simply be impossible.” – Tom G. Palmer

The book combines the writings of various philosophers, economists, Nobel Prize winners, and entrepreneurs to make the case that not only do “markets deliver the goods” as Vernon Smith says, but that a true free market system is a prerequisite for a just, prosperous, and cooperative society.

More resources like videos, websites, and similar works in Arabic, Chinese, French, and many other languages can be found in this link.

Summer Seminars for You in the U.S. Apply before March 31!

Girls chatting over book

Want to find out how individual liberty and economic freedom have shaped the modern world?

Discover the classical liberal ideas that have helped to end slavery, inspire women’s suffrage, and give us religious freedom. What’s in store at an IHS Summer Seminar?

  • Plenty of discussion about today’s toughest political and social issues
  • Top-tier teaching on principles of liberty
  • Fun and purposeful interaction with peers from around the globe

Questions to warm up on:

  • What is the proper role of government?
  • How can society solve widespread problems while respecting individual liberty?
  • What are the unintended consequences of government programs?

The Right Seminar for You: Choose from 12 Options

IHS provides programs tailored to a wide variety of backgrounds. Whether you’re a seasoned libertarian or just getting curious about individual liberty, attending an IHS Summer Seminar geared toward your interests will connect you to rich resources, engaging people, and enriching ideas.

Seminar themes range from liberty fundamentals to challenging advanced topics, to career-specific material focused on public policy, academia, or journalism. Seminar topics include peace, natural rights, individual autonomy, the morality of free enterprise, the role of a free press in society, and more.

Group Photo - Poverty and Prosperity 09

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A typical seminar day is filled with lectures, discussion groups, and time to socialize. Enjoy rewarding discussions that will lead to insights you can apply to your classes, career, and overall approach to life.

“One of the best and purest educational experiences of my life… Also, the most fun.” Anna Thorn

“I have learned more in one week than I do in some semester-long courses. This experience will help me for the rest of my career and schooling.” – Quinn Gribben

Campus and Dining

Locations

Seminars take place on college campuses located across the United States. All participants receive a full scholarship covering housing, meals, and books. Participants are responsible for travel costs.

Eligibility

Undergraduate students, graduate students, and recent graduates are eligible for most seminars (eligibility requirements vary by seminar; see specific seminar pages for details).

Program Overview 


Schedule of Seminars 

Books that Built the Austro-Libertarian Movement

The Framework
These are the books that built the austro-libertarian movement as we know it – all available in the perfect size and for the right price. There was a time when a month’s salary couldn’t acquire these books – if you could find them. And then they were also huge and unwieldy. We’ve fixed that with these brilliant and fun pocket editions.

Stephen Colbert Takes on Occupy Wall Street

I just returned after spending a wonderful evening with a German Socialist Activist. It was a wonderful evening because I got to understand many of his arguments and we started discussing them openly; without never aiming at a consensus.  I just got back home and saw the following video: Stephen Colbert Takes on Occupy Wall Street

Now, I just can’t stop laughing! “Ethically” Colbert is just Great!

Comedy Central’s Stephen Colbert takes on Occupy Wall Street in a hilarious yet actual segment with protest representatives of “the consensus within the press group” Justin (“a male-bodied person”) and “Ketchup” (“a female-bodied person”) in a “Co-Optportunity” with what Colbert calls a cult, oh sorry, I mean “movement”. via | Tuesday November 1, 2011 at 11:59 PM PDT

Againts Greed and Crony Capitalism

Morality
Image by tdietmut via Flickr

“This economic system that they call Capitalism has no moral or ethical core to it.” Michael Moore

This time, the American Sensationalist Director Michael Moore was right. He explained in one sentence what thousands of men are right now protesting against in the streets and we support them. Why?

Capitalism is a social system that is based upon the foundations of individual freedom, respect for individual rights and property rights, and reason as man’s only mean to achieve their goals.  However, the current economic, political and economic system in which large parts of the world are now living is not really a Capitalist economy.

The correct name for this system is “crony capitalism” and its foundations are privileges, irrational greed, expropriation, and violation of human rights (individual rights and the rights to property). It is this system that we need to fight against and fight a moral revolution against to.  In the following video, you’ll hear a wonderful explanation of what that Irrational Greed is all about. The second video, is very interesting and portrays an interesting image of how TNCs (Transnational Corporations) have established Billion Worth Business all over the world without caring for what should matter most to them: Their Consumers.

I hope you enjoy them and understand that we are together in this fight,

Video: Milton Friedman On what is commonly understood as greed and on what is the result of ethical profit (via: Casey Hendrickson)

Stossel On Crony Capitalism Part 1/6