You are here

Influences II

With every week that passes, I think of new names to add to my list of influences.  But the thinkers shown in today’s effort are those with the names that I carry around in my head — writing them down as a reminder is not needed.  Today, I will write about Dr. Robert Higgs, Henry Louis Mencken, and Mark Twain, whom I have mentioned, probably, in reverse order of each’s world renown.

Continue Reading

State Education: Money

Eventually, per Rothbard, the pols saw that leaving the marching minions holding promises instead of solid specie was a dream come true. But they did also realize that an honorable verbal promise was an oxymoron. Enter the written promise, aka the IOU, aka scrip, aka paper currency. The typical note promised exchange for the purported full amount in gold, not sooner than 1 year hence. Many of the veterans began to barter these slips of paper for those things for which they could not wait a year — things like food!

Continue Reading