Issue CCXVI

November 7-8, 2009

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Economics
Freaking Out Over Global Warming:
Robert P. Murphy
November 7, 2009
One of the ugliest battles in the blogosphere climate wars has involved the newly released Superfreakonomics, sequel to the best-selling Freakonomics. In their new book's final chapter, economist Steven Levitt and journalist Stephen Dubner set out to challenge the view that massively restricting carbon emissions is the only hope for averting planetwide catastrophe. Some of the most outspoken advocates for immediate "carbon legislation," such as Joe Romm and Paul Krugman, were appalled by the chapter. Dr. Robert Murphy analyzes this controversy and has criticisms for both sides. 

History
The Berlin Wall Then and Now:
Edward Hudgins
November 7, 2009
Two decades after the fall of the Berlin Wall it is difficult for many young people—and older people who were confused to begin with—to appreciate that the moral philosophy on which the wall was built lives on and threatens us still. Dr. Edward Hudgins writes that those who value their lives and liberty must tear down that false philosophy lest new walls rise to separate us from our freedom.

Philosophy
Ten Principles of Classical Liberalism:
G. Stolyarov II
November 8, 2009
Mr. Stolyarov was recently asked to attempt a formulation of ten crucial principles of classical liberalism, the worldview which animated the American Revolution, the European Enlightenment, the Industrial Revolution, and the libertarian revival of free-market thought in the mid-to-late twentieth century. Classical liberalism -- even when it is not explicitly espoused -- still has considerable residual influence on the political and economic institutions of the Western world and is having an increasing impact outside the West as well. This essay is the result of Mr. Stolyarov's efforts in concisely formulating some of the fundamental ideas of classical liberalism. The essay is the companion to this video.

Politics
Another State Introduces Firearms Freedom Act:
Chuck Baldwin
November 7, 2009
Two states have already passed their own Firearms Freedom Acts: Montana and Tennessee. And, along with Ohio -- the most recent state to introduce the act -- at least 7 other states have introduced similar bills. Those states are Alaska, Florida, Michigan, Minnesota, Pennsylvania, South Carolina, and Texas. Dr. Chuck Baldwin sees these acts as laudable steps taken by state governments to resist unjust encroachments of federal power.

Choosing Federalism, Choosing Freedom:
Timothy Baldwin
November 7, 2009
Timothy Baldwin writest that the US Constitution did not create a national government, but rather created a federal government whereby the states were coequal with the federal government in the exercise and defense of the powers granted to them by the people of each State. The founders and ratifiers of the Constitution expressly rejected the notion that the federal government has supreme sovereignty. Mr. Baldwin contemplates the possibilities for once again returning to a federalist system.

Federal Government Statistics and Lies:
Ron Paul
November 7, 2009
There has been a lot of talk in Washington recently about senior citizens, mostly about how various healthcare reform models would help or hurt them.  But, writes Rep. Ron Paul, there is another critical issue that has quietly devastated seniors financially over the last few decades. It concerns how the cost of living is calculated.  How does the administration justify not giving a cost of living increase to Social Security recipients this year? Economist John Williams of Shadow Government Statistics has estimated that if the original methodology of CPI had not changed, Social Security checks would be nearly double what they are today.  This represents a lot of money that politicians have been able to literally steal from seniors, to spend on their own wasteful programs. 

The Elections: A Turning Point, Swiftly Reached:
Alan Caruba
November 7, 2009
The November 3rd elections were a turning point, swiftly reached. The inauguration of Barack Hussein Obama was followed by Tea Parties around the nation that aggregated into the huge September 12 rally in Washington, D.C., and barely two months later, the election of Republican governors in Virginia and New Jersey. Alan Caruba's mind went back to Barry Goldwater’s acceptance speech at the Republican convention in 1964: “I would remind you that extremism in the defense of liberty is no vice. And let me remind you that moderation in the pursuit of justice is no virtue.”

Energy ABCs: Playing Americans for Fools:
Alan Caruba
November 8, 2009
Alan Caruba has long harbored strong doubts about the knowledge that most Americans possess regarding the sources of energy they largely take for granted. We flip a switch, and the lights go on. We pull up to the gas pump and drive away. We use machines that are totally dependent on having enough electricity to power entire cities as well as rural communities. Since all successful economies depend on abundant, affordable energy, why is the Congress preparing to pass a cap-and-trade bill, renamed to suggest “clean energy” and “national security” has anything to do with a huge tax on the use of energy by all Americans?

Poor Choices Have Crippled America's Economy:
Marita Noon
November 8, 2009
With all the noise over health care and the recent elections, something huge has slid under the radar undetected: The Environmental Protection Agency has threatened to rescind a permit for a coal mining project that had been previously authorized, despite the fact that the company spent ten-years for a full environmental impact statement. Our economy is in a deep recession, and the nation is facing double digit unemployment. Yet some of our public officials insist upon making poor choices that are killing job creation and hurting our economy. Marita Noon explains the harms of some of these choices.

Videos
Ten Principles of Classical Liberalism - Video:
G. Stolyarov II
November 8, 2009
Mr. Stolyarov was recently asked to attempt a formulation of ten crucial principles of classical liberalism, the worldview which animated the American Revolution, the European Enlightenment, the Industrial Revolution, and the libertarian revival of free-market thought in the mid-to-late twentieth century. Classical liberalism -- even when it is not explicitly espoused -- still has considerable residual influence on the political and economic institutions of the Western world and is having an increasing impact outside the West as well. This video is the result of Mr. Stolyarov's efforts in concisely formulating some of the fundamental ideas of classical liberalism. The video is the companion to this essay.

"The excellence of the gold standard is to be seen in the fact that it renders the determination of the monetary unit's purchasing power independent of the policies of governments and political parties." 
~ Ludwig von Mises