Conservative Letters
Since November 2004 the CI has been issuing the monthly newsletter Conservative Letters. The newsletter has an ambition to become a forum for conservative attitudes...
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Conservative Letters (2013)
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Do Market Forces Select the Best Money?
[04.05.2013, George Selgin, CONSERVATIVE LETTERS]
According to Carl Menger, the founder of Austrian Economics, money started out as a product of spontaneous evolution, that is, as a result of human action but not of human design.
Conservative Letters
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Central Banking versus Competitive Free Banking
[25.02.2013, Richard M. Ebeling, CONSERVATIVE LETTERS]
One of the primary benefits of economic freedom is that it decentralizes the negative effects that may arise from ordinary human error.
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Conservative Letters (2012)
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Why social justice is not just
[19.11.2012, Hardy Bouillon, CONSERVATIVE LETTERS]
Hayek’s critique is intriguing: If we assume that only those outcomes of actions can qualify as moral for which an actor can be identified who sufficiently has caused the result, then we have to conclude that the spontaneous results of the free market do not qualify as moral. Hence they can be called neither ‘unjust’ nor ‘just’. Both adjectives are inappropriate.
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Economic Freedom and Corruption
[03.09.2012, Alejandro A. Chafuen, CONSERVATIVE LETTERS]
As in many countries the privatization was not transparent, very soon the critics of economic liberalism begun to blame economic freedom for an increase in corruption.
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Tragedy of the Commons
[12.03.2012, David Schmidtz, CONSERVATIVE LETTERS]
Today the word ‘tragedy’ is used to refer generically to anything really bad. The word has an older meaning, though, referring to literary works that depict a protagonist caught up in events inexorably leading to his or her doom. Some of that older meaning is implicit in the logic of what we now call the tragedy of the commons.
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Conservative Letters (2011)
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Which countries profiteer from the Euro?
[01.06.2011, Philipp Bagus, CONSERVATIVE LETTERS]
In my book The Tragedy of the Euro I explain that the Euro is a political project. Proponents of the socialist vision of Europe under the leadership of French political elites pushed for the single currency as a vehicle to political centralization and a European super state.
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Conservative Letters (2010)
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Who owns the money in your bank account?
[05.10.2010, Douglas Carswell, CONSERVATIVE LETTERS]
Why are banks allowed to sub-let people’s money many times over without their consent?
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The Relevance of Classical Liberal Political Economy in Today’s World
[13.09.2010, Tim Evans, CONSERVATIVE LETTERS]
Let me be clear. I believe that if Conservatives, Classical liberals and Libertarians do not challenge - head on – the prevailing view that our society is free market then we will be giving our fundamentally confused and coercive enemies an unnecessary and disastrous historic victory...
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The Economic and Legal Foundations of a Free Society
[03.04.2010, Richard A. Epstein, CONSERVATIVE LETTERS]
Any effort to create a free society requires a profound interaction between the two dominant institutions of classical liberal thought: the rule of law and the institution of private property, which itself can only survive in connection with a social infrastructure of support...
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Conservative Letters (2009)
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The Great Depression and the Current Economic Crisis: Similarities and Differences
[28.11.2009, Gene Smiley, CONSERVATIVE LETTERS]
The Great Depression and the depression like recovery during the 1930s are tragic testimonials to the harm misguided government interference can do and to the damage that money manipulation can bring about...
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Financial Crisis and Economic Recession. Banking Reform and the Future of Capitalism
[20.10.2009, Jesús Huerta de Soto, CONSERVATIVE LETTERS]
Central banks can either allow the recessionary process to follow its path, and with it the healthy and painful readjustment, or they can escape forward toward a “renewed inflationist” cure...
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No Morality, No Markets
[20.05.2009, Samuel Gregg, CONSERVATIVE LETTERS]
A little discussed fact, however, is that the financial crisis has also been driven by widespread moral lapses that have manifested themselves just as much on "Main Street" as on Wall Street. One example is the subprime-mortgage fiasco...
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Conservative Letters (2008)
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Towards a world of worker-capitalists through pension reform
[22.08.2008, José Piñera, CONSERVATIVE LETTERS]
Converting workers into individual owners of a substantial part of the country’s capital has created a political and cultural atmosphere more consistent with free markets, democracy and a free society...
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Managing diversity: the Swiss example
[04.06.2008, Victoria Curzon-Price, CONSERVATIVE LETTERS]
The paradox of Switzerland should be kept in mind: whenever the EU suggests harmonization in the name of efficiency, transparency and economies of scale, remember that institutional competition trumps harmonization every time!...
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Third way as a dead end: the French experience
[25.03.2008, Pierre Garello, CONSERVATIVE LETTERS]
If you live in France (or in Brussels) you have certainly heard a French politician stressing the necessity to protect “la spécificité française”. A closer look reveals, however, that this “French way” is nothing else than the « third way » approach to economic and social policies; a way similar, indeed in many aspects identical, to the socialist way. A way to a dead end...
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Discussion about Euro - View from Slovenia
[04.02.2008, Matej Steinbacher, CONSERVATIVE LETTERS]
It is very likely that a policy that would be good for one country could prove detrimental for another and vice versa...
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Conservative Letters (2007)
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Conservative Letters (2006)
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Don’t Copy the Nordic Model!
[03.10.2006, Johnny Munkhammar, CONSERVATIVE LETTERS]
The problems in Western Europe are by no means a coincidence, bad luck or a consequence of globalisation. They are a direct result of that kind of economic and political model, where the core is a very big government; a state that is a very big part of society. High taxes not only limit the freedom for people, they also put a brake on growth by punishing all productive activities...
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Ten Keys to Increasing Economic Growth, Individual Opportunity and Well-Being
[18.06.2006, Richard W. Rahn, CONSERVATIVE LETTERS]
Private property is the foundation of wealth. If private property is not well protected, the incentives to work, save, and invest will be greatly diminished...
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Conservative Letters (2005)
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Maxims for the New War of Ideas
[21.11.2005, Robert R. Reilly, CONSERVATIVE LETTERS]
Do not go into a war of ideas until you understand the ideas you are at war with. A war of ideas is a struggle over the very nature of reality for which people are willing to die. Such wars are conducted in terms of moral legitimacy...
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Conservative Letters (2004)
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