, by Voltairine de Cleyre
, Free Society
, 13 Oct 1901
Examines various economic propositions for anarchism (socialist, communist, individualist and mutualist) and opines that all could be tried out
"And I believe the material reason which accounts for their acceptance of that particular economic scheme [Socialism] is ... that the social development of Europe is ... that almost from time immemorial there has been a recognized class struggle; that no workman living, nor yet his father, nor his grandfather, nor his great-grandfather has seen the land of Europe pass in vast blocks from an unclaimed public inheritance into the hands of an ordinary individual like himself, without a title or any distinguishing mark above himself, as we in America have seen."
Letters to Thomas Robert Malthus, on Several Subjects of Political Economy, and on the Cause of the Stagnation of Commerce
, by Jean-Baptiste Say
Series of five letters from Say to Malthus, written in response to the latter's criticisms in Principles of Political Economy
(1820); the letters were translated from the French by John Richter
"... the French and Dutch ships rushed with a kind of madness ... carried in abundance the produce of the Continent of Europe to all ports, presuming that the other nations of the globe would be eager to possess those commodities ... They would consume them very willingly if they could pay for them ... these very articles, thus rendered scarce in their original country, became more abundant in Europe, and at length so completely overstocked the European markets, that a sufficient price could not be obtained for them, although the consumption of Europe had greatly increased ... hence the disadvantageous returns which we have witnessed."
Related Topics: Capital Goods
, Free Trade
, Adam Smith
, United States
On Keynes as a Practical Economist
, by Julian Simon
, The Freeman
, Aug 1996
Brief discussion of the predictions made by Keynes, in his 1919 book The Economic Consequences of the Peace
, about probable shortages of certain natural resources in the United States and Europe after World War I
"In his world-renowned The Economic Consequences of the Peace ... Keynes wrote that Europe could not supply itself with food and soon would have nowhere to turn: '... Europe's claim on the resources of the New World was becoming precarious; the law of diminishing returns was at last reasserting itself, and was making it necessary year by year for Europe to offer a greater quantity of other commodities to obtain the same amount of bread. ... If France and Italy are to make good their own deficiencies in coal from the output of Germany, then Northern Europe, Switzerland, and Austria ... must be starved of their supplies.'"
The Politics of Johann Wolfgang Goethe
, by Hans-Hermann Hoppe, The Wall Street Journal Europe
, 30 Dec 1999
Revised version of Prof. Hoppe's Oct 1999 The Free Market
; nominates Goethe as the "European of the (second) millennium" article
"'One is mistaken, however, if one thinks that Germany's unity should be expressed in the form of one large capital city, and that this great city might benefit the masses in the same way that it might benefit the development of a few outstanding individuals,' he added. Would that today's Brussels bureaucrats understood this! The single EU market has given the 15 member states the open borders--to people, goods and capital--that Goethe praised in 1828. Free trade and migration are a reality. But what is not needed is a 'large capital city' or a federal state to regulate, or further complicate, life."