Merced College Liberty Club

10/20/2012

"To learn who rules over you, simply find out who you're not allowed to criticize." – Voltaire

09/20/2012

This Stossel special will blow your mind! The government, especially the EPA is out of control as well as local prosecutors trying to make a name for themsel...

09/02/2012

One of the most stubborn errors regarding the gold standard is the idea that a poor country is not in a position to maintain the gold standard. But the gold standard has absolutely nothing to do with the greater or lesser wealth of a country. Every country, whether rich or poor, can have a well-ordered currency if it abstains from triggering the working of Gresham's Law (according to which good money is driven out by bad), avoids the excessive issuing of paper money, and refrains from artificially lowering the interest rate through large increases of fiduciary media. Money has never flowed out of countries that have had only metallic currency; it remains there precisely because of trade.

--Ludwig von Mises. The Gold Standard and Its Opponents

09/02/2012

Lévy-Bruhl relegates the essential teachings of Christianity to the realm of the prelogical mind.

--Ludwig von Mises. Human Action: A Treatise on Economics

09/01/2012