Category: Aggregated

The present federal tax code allows deductions for state income taxes. This is as it should be. Why? Because we should not have to pay taxes on what the locusts consume before we harvest the crop. This should be obvious. Let’s consider the doctrine of the tithe. A farmer should pay a tithe on that portion of the crop that he harvests, not counting the replacement seeds saved from the previous year. He pays on his net return. If he benefits from a harvest, he pays the tithe. What about that portion of the crop that is eaten by locusts … Continue reading →

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[This article is excerpted from volume 2, chapter 11 of An Austrian Perspective on the History of Economic Thought (1995).] Typically, determinist schema leave convenient implicit escape hatches for their creators and advocates, who are somehow able to rise above the iron determinism that afflicts the rest of us. Hegel was no different, except that his escape hatches were all too explicit. While God and the absolute refer to man as collective organism rather than to its puny and negligible individual members, every once in a while great individuals arise, “world-historical” men, who are able to embody attributes of the absolute more … Continue reading →

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Russia’s military intervention in Syria at the request of its government began two years ago today – September 30. It dramatically changed the dynamic on the ground, turning sure defeat into eventual triumph. Thousands of square miles of Syrian territory were liberated from the scourge of US-supported terrorists, defeating Washington’s imperial aims, wanting regime change, the country transformed into another vassal state. Tass reviewed Russian operations over the past two years, saying “victory over terrorism is near.” Its efforts transformed armed opposition conflicting groups into “a common front in the struggle against terrorists.” What began two years ago today “is entering … Continue reading →

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