YAL in Action

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

Tag: Money
  • What is money? (Part I)

    Oh yes, we’re tackling the big question today. No more subtly alluding to a certain view of money and economics while assuming you “get it” too. I’m going to break it down to the fundamentals here and do so as painlessly and simply as possible. If you’re an advocate of “sound money” or “honest money” …

  • Can Marlboros Be the Next Dollar?

    Money is by definition any easily exchanged commodity which people value and are willing to accept in exchange for goods and services. In our video asking people what they would use as currency should the dollar cease to exist, we got a lot of different responses on what people consider valuable. While many people believe …

  • How Money Is Spent

    I have written about this quite a bit, but I figured given the current debate about spending and the debt, it was a good time to revisit a fundamental economic truth that most people will never consider or understand.  In the words of P.J. O’Rourke, “One of the greatest ironies of economics is that giving …

  • Fed News Friday: What is Money in 2011?

    This week, I decided we should lay down some foundational elements of discussion before we go any further. What would Fed News Friday be without understanding where all this money comes from or where it originated from? If you are a fan of Murray Rothbard, you know that he loves dividing ham sandwiches and using …

  • Global Free Markets vs. China

    Yesterday, Google decided to shut down its Chinese search page after a frustrating Chinese government continued to censor Google search results and hack into Google servers. In response to China’s authoritarian approach to social control, Google redirected its Chinese site to the unregulated Honk Kong page. But a belligerent Chinese government “moved on Tuesday to …

  • An Accurate Depiction of the Healthcare Bill

    Read right to left, because government always operates backwards. If you’d like, you can also visit my Facebook page and tag yourself in this photo. I think an accurate location would be “You.”

  • Government in the Snow Melting Business?

    Even in a blizzard D.C. can prove the government’s inefficiency…or should I say “insanity”?  The Wall Street Journal published a great piece about D.C.’s woes in regards to this storm. The best part: Earlier this decade, the D.C Department of Public Works bought an industrial snow melter, but it broke down and they haven’t been …

  • Quotes About The Federal Reserve And Central Banking

    “Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.” -Sen. Barry Goldwater It is well that the people of the nation do not understand …

  • Gold, Gold, Gold, and more Gold.

    Wow. It is simply amazing to see all those gold predictions that we’ve been listening about by people like Peter Schiff and Jim Rogers come true. It just reaffirms my faith in our cause… “The Fed reiterated the fact that they’ll keep interest rates low to stimulate growth, which will ultimately lead to a weaker …

  • Sometimes truth can be funny

    Hard to call it parody when it’s the truth: (click to enlarge)