YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: bastiat
  • Bastiat’s Smoker’s Petition

    Check out this satirical work based I wrote on Frederic Bastiat’s Candlemaker’s Petition. It was published in MTSU’s newspaper Sidelines this week in comical protest of the new smoking ban. Dear Authorities:                                                                                                                                                              You are on the right track. You reject abstract theories of self-determination. You have done well violating students’ rights of self-ownership and treating them like …

  • Irene’s Broken Window

    Reuters reports that bulk stores have been getting a boost over the past few days thanks to people preparing for Hurricane Irene: Hastings expects Home Depot to do well, as it has 35 percent more stores than Lowe’s Cos Inc (LOW.N) in the affected region. He also expects Newell Rubbermaid Inc (NWL.N) to benefit from demand for …

  • Does destruction have an economic silver lining?

    For the millionth time, no.  Not even World War II.  In short, make stuff, not war:

  • The Logic That Just Won’t Die

    The Broken-Window Fallacy spouted, again, by an alleged economic expert. Friday’s massive earthquake…may provide a jolt to the [Japanese] economy over the short term, Lawrence Summers, president emeritus of Harvard University and former director of the White House National Economic Council… “…It may lead to some temporary increments, ironically, to GDP, as a process of …

  • The Libertarian Allegory of TRON Legacy

    I recently viewed Tron Legacy and was enamored with the message of freedom, individualism, and anti-statism. If you haven’t seen it yet, go watch  it now. !POSSIBLE SPOILER ALERT! We can see this clearly through character analysis: C.L.U.: the Statist and molder of systems and individuals FLYNN SR.: the libertarian individualist (and Taoist) Let’s expound …

  • Free Market Economics and the Future Business Leaders

    I have been an active member in the Future Business Leaders of America – Phi Beta Lambda in the past few years, and I’ve noticed two things from the FBLA perspective: 1. Capitalism (in the sense that true free-market capitalist know it) is bad because it’s “unethical” 2. The only school of economics that is “correct” …

  • “Crisis is the health of the state.”

    Randolph Bourne, an anti-war progressive from the early 1900s, warned that “war is the health of the state.” But Megan McArdle of The Atlantic argues that a better statement is “crisis is the health of the state.”  Like the former statement, this is definitionally true.  The state thrives on crisis and war.  After the crisis …

  • Sci-Fi Bastiat

    I recently saw the sci-fi flick The Fifth Element for the first time in a long time and was reminded of its apt demonstration of Bastiat’s Broken Window Fallacy.   You could say Zorg, one of the villains, is a bad guy in more ways than one:   He’s the evil puppet of the larger antagonist as …