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Ralph Raico’s Early Works and The History of Classical Liberalism

May 3, 2014 in Economics

By Ryan McMaken

Ralph_raico

[A relatively new master’s thesis on Raico’s work is now available from the archives of Buffalo State College.

In this passage, the author explains some of Raico’s early work and the conflicts within the movement that partially led to Raico’s turn toward his work as a historian of classical liberalism and the West:]

By Daniel P. Stanford

The New Individualist Review was initially produced with the sponsorship of the Intercollegiate Society of Individualists (ISI), a non-profit educational organization founded by Frank Chodorov and whose first president was William F. Buckley, Jr. This  sponsor would eventually become problematic for the young editors [Raico and Ronald Hamowy], especially when the  subject of foreign policy arose. Unfortunately, considering the financial requirements of  such an undertaking, and the unpopular positions they were taking, Raico and Hamowy  had very little choice but to appease their sponsors.

Milton Friedman also became increasingly a source for funding. This was not  hard for Friedman, for in the 1950’s he was the most famous free market economist in the  United States. With Friedman becoming more involved, Raico again found that he had to  be careful to tone down certain content. One of the taboo subjects for Friedman was Austrian economics, which was at odds methodologically and epistemologically with the Chicago School’s positivistic approach to economics. Since Hayek was involved, he  did serve somewhat as a safety umbrella under which Raico could publish Austrian  school material.

By all accounts producing the New Individualists Review was a joy, but the most  frustrating and difficult part of the project was the appeasement of conservative types,  such as Barry Goldwater and William F. Buckley Jr., watching behind the scenes. For  hardened libertarians like Raico and Hamowy, they found it nearly impossible to  compromise their ideals.

The early issues of the New Individualist Review were a clear attack on the new  statist-militarist conservative philosophy; however, this subject was quickly dropped,  apparently out of fear of offending the sponsors.108 Early on, Raico found himself in  increasingly hot water. Particularly because of articles by Hamowy and John P. McCarthy  which blasted conservatives, and especially the National Review on foreign policy and  civil liberties. For the remainder of The New Individualist Review’s publication, foreign  policy issues were basically put aside.

Rothbard, the ever prolific writer, was sending in article after article but was dismayed when he found much of the content was toned down. He felt that The New Individualist Review was “the …read more

Source: MISES INSTITUTE

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Liberty Advances in Colorado: Not

May 3, 2014 in Economics

By John P. Cochran

More “good news” on how regulation protects consumers while advancing welfare: Marijuana testing labs barred from taking individual samples: http://www.denverpost.com/marijuana/ci_25688115/marijuana-testing-labs-barred-from-taking-samples-from

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Source: MISES INSTITUTE

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Five Libertarian Ideas #15 – Lenin and Stalin, the NAP, Japan, war in Ukraine

May 3, 2014 in Blogs

By Political Zach Foster

Bundy Ranch standoff, conclusion
I’m very grateful to everyone who took a stand on behalf of Mr. Bundy. I’m twice as thankful to the Almighty that, despite the high tension and potential for an armed clash, the protestors gave in to the better angels of their nature and kept the resistance PEACEFUL. -4/12

Lenin and Stalin
I remember learning in high school about Lenin the revolutionary and Stalin the totalitarian dictator. The standard narrative suggests that Lenin was a visionary whereas Stalin was a barbarian who hijacked the Russian Revolution. In all reality, Stalin simply followed Lenin’s bloodthirsty example and improved on it. -4/12

American politicians vs Japanese politicians
When American politicians and CEOs majorly screw up, they get money, a free pass, and they look for another cushy job. When Japanese politicians and CEOs majorly screw up, they commit suicide to show their repentance and that they still have a shred of honor. Would that American voters and shareholders were so lucky… -4/15

Russian troops dressed as civilians
Russian Special Forces dressed as civilian militants are taking over police stations in eastern Ukraine. Shots have been fired and Ukrainians have been killed. AT LEAST when the USA unjustly conquered Mexico and the Southern states, they had the courtesy to not pretend to be local “patriots”. -4/17

The non-aggression principle
There are days and there are people that truly test the non-aggression principle. It was said that blood alone moves the wheels of history, but a wise Rothbardian (named Murray) advocates attacking the method before attacking the man. Damn, this whole consistency-with-libertarianism thing ain’t easy! (lol) -4/18
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Stalin and spirit of Lenin poster by the Ukrainian SSR and in the public domain.

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Source: ZACH FOSTER RANTS