Review of Austrian Economics—The Full Collection! (e-book format)

Review of Austrian Economics, Full Collection - Digital Book

This are great news for those of you interested in reading and learning more of the ideas that enabled a revolutionary development of new understandings on Economics and Human Action.

Murray Rothbard had long dreamed of an Austrian academic journal. In 1986, his dream came true. The Mises Institute published it, and it changed everything. Now they can be conveniently read on your digital device!

The individual issues have been nearly impossible to find, until now. Today you can own the entire set, learn from the pioneering articles that Murray and his co-editors saw as crucial, and see what gave the modern Austrian movement its scholarly momentum.”

GET THEM HERE

Discourse: Nationalization, Private Companies and Crony Capitalism

The neoliberal (a.k.a. crony capitalism) ruling of the world during the last 50 years is usually generalized as a “big fish eats small fish” relationship. The story continues, with the big fish in Washington, Brussels and Moscow fed themselves with the riches of the world and profited from globalization.  Meanwhile, the small fish continued breeding and feeding the always hungry lords.  This general discourse is repeated in most if not all the academic papers dealing with postcoloniality and globalization.

The impact of the ideas of these intellectuals is widespread and not easily observable for the ignorant masses.  As such, when you read the newspapers in Latin America or Africa in regard to the “new” nationalizations being undertaken by the “new” socialist/anti-neoliberal governments in Argentina, Bolivia, Brazil, Greece, Lithuania, and Sri Lanka since 2011 people usually ignores that there is nothing “new” in these actions.

These nationalizations of privately owned assets have been in many of the cases actual renationalizations of companies that were not owned by the principles of free market ideas, but that had been privatized by corrupt social democratic governments 50, 40 or 10 years before and who created new privately owned privileged companies.  As a result of these social democrat and socialist governments many privately owned companies emerged as the bastions of crony capitalism, inefficiency and corruption.  The previous, generally increased as closer the national industries were owned by crony private companies that owned single-crop cultive exports and resource rich regions.

To mention short examples of the previous, recently in Argentina Yacimientos Petrolíferos Fiscales (YPF; English: “Treasury Petroleum Fields”) was renationalized (not nationalized) by the government under claims of corruption, inefficiency and negative benefits to their national interests.  In Bolivia, Transportadora de Electricidad (TDE) was nationalized by Evo Morales government.  However, TDE was also a fruit of the neoliberal and crony capitalist deals established in 1952 after a coup d’état that established a military socialist democracy with the party  Revolutionary Nationalist Movement (MNR) which allied into a military-nationalist clique that lasted for 50 years.

Privately owned companies produce always more efficient and better products than state-owned companies.  However, privately owned companies that have benefited from government granted privileges for decades not necessarily will produce more and better services and products than state-owned companies.  The previous is something that few of us dare to identify and explain with a non-contradictory historical and philosophical background.  Meanwhile, the great majority of academics influenced by collectivist philosophies will start writing articles and books applauding the “successful” renationalizations and condemning those free-market authors who will write back and fight.

Indeed, there is a difficult road in defending private property and privately owned businesses in the context of countries and regions that lack respect for individual rights and the rule of law.  As such, to defend the private vs collective in those circles it is necessary that first we identify how the societies are currently organized around the collective inefficient systems of social and economic organization.  In the case of Bolivia and Argentina it is necessary for us to identify how these business and societies are not structured and organized around the principles of free market and individual rights.  By understanding and explaining this clearly there will be a chance to change the discourse of discussion from “why is renationalization good?” to “why laissez faire capitalism is better than the privately owned business of crony capitalism?”

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.

Knight Of The Apocalypse No. 3

This is one new posts in celebration of the “A Week”,

“Where we have reasons for what we believe, we have no need of faith; where we have no reasons, we have lost both our connection to the world and to one another.” Sam Harris

Richard DawkinsDaniel C. DennettSam Harris andChristopher Hitchens have been referred to as The Four Knights Of The  Apocalypse by mystics who believe in the coming of the last revelation given by the Christian god in the last book of the New Testament written by the prophet John.  In the book, these Four Knights were sent by god to bring plagues upon the world.  The previous authors, all active atheists opposing mysticism have written dozens of books that have enlightened and educated millions of men who previously believed in these and more irrational and mystic stories.

  • The Red Horse, represented the plague of war.
  • The Black Horse, representing famine and poverty.
  • The Green or Yellow Horse, representing death and illness.
  • The White Horse, representing the final moment of life in which the Death reappears once again to redeem humanity.

To parody this Apocalyptic stories and to celebrate the Week of Atheism, I choose to celebrate the elocuent Sam Harris as Knight No. 3

Sam Harris is mostly know for his works criticizing the  dogma and the irrationality and immorality of  religious practices of Islam and Christianity.  He is a very young, smart and handsome philosopher and neuroscientist whom I first read in a flight from Guatemala to Vatican City for holidays with my family in 2006. How ironic isn’t it?  His book is titled The End of Faith: Religion, Terror, and the Future of Reason (2004) and tells in a straight forward and educated analysis how faith and reason have always clashed in our history.  As a reviewer says in Amazon, “Harris offers a vivid historical tour of mankind’s willingness to suspend reason in favor of religious beliefs, even when those beliefs are used to justify harmful behavior and sometimes-heinous crimes.” and I completely agree with this statement.  Indeed, this is a book to enjoy.

I also bought but haven’t read his book titled: The Moral Landscape: How Science Can Determine Human Values and it is in my waiting list.

Now, check this video with a great debate titled “The God Debate II” with Sam Harris vs William Lane Craig,

VIDEO: The second annual God Debate features atheist neuroscientist Sam Harris and Evangelical Christian apologist William Lane Craig as they debate the topic: “Is Good From God?” The debate was sponsored in large part by the Notre Dame College of Arts and Letters: The Henkels Lecturer Series, The Center for Philosophy of Religion and the Institute for Scholarship in the Liberal Arts.

Sam Harris begins talking at 27:27

Knight Of The Apocalypse No. 2

This is one new posts in celebration of the “A Week”,

“I think that there are no forces on this planet more dangerous to us all than the fanaticisms of fundamentalism, of all the species: Protestantism, Catholicism, Judaism, Islam, Hinduism, and Buddhism, as well as countless smaller infections. Is there a conflict between science and religion here? There most certainly is.” Daniel C. DennettDarwin’s Dangerous Idea

Richard DawkinsDaniel C. DennettSam Harris andChristopher Hitchens have been referred to as The Four Knights Of The  Apocalypse by mystics who believe in the coming of the last revelation given by the Christian god in the last book of the New Testament written by the prophet John.  In the book, these Four Knights were sent by god to bring plagues upon the world.  The previous authors, all active atheists opposing mysticism have written dozens of books that have enlightened and educated millions of men who previously believed in these and more irrational and mystic stories.

  • The Red Horse, represented the plague of war.
  • The Black Horse, representing famine and poverty.
  • The Green or Yellow Horse, representing death and illness.
  • The White Horse, representing the final moment of life in which the Death reappears once again to redeem humanity.

To parody this Apocalyptic stories and to celebrate the Week of Atheism, I choose to remember Daniel C. Dennett as Knight No. 2.

The books written by Dennett are among the easiest and more interesting to read in the topics of  philosophy of mindphilosophy of science and philosophy of biology.  His are also some of the books with more notes, marks and corrections I have in my personal library.  Dennett has a very clever and consistent stands specifically in regard to the field of philosophy of biology of which I have enjoyed reading a lot in his books.  I strongly disagree with many of his arguments that depart from a objective and rational stand in regard to man’s epistemology, added to his incorrect relation of morality and organized religion as reciprocally necessary.  Nonetheless he’s a great writer.  Among his works are:

If you are new to his name, I recommend you to check the wonderful lecture by Mr. Dennett titled “What Should Replace Religions?