Douglas French is a Senior Editor for Agora Financial. He received his master's degree under the direction of Murray N. Rothbard at the University of Nevada, Las Vegas, after many years in the business of banking. He is the author of two books, Early Speculative Bubbles & Increases in the Money Supply, the first major empirical study of the relationship between early bubbles and the money supply, and Walk Away, a monograph assessing the philosophy and morality of strategic default. He is founder and editor of LibertyWatch magazine.

Posts byDoug French

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The Woman Who Changed Millions of Lives

In this age of Obamacare, the writings of Ayn Rand are inspiring some doctors to push back. A small, but growing group of doctors want their patients to pay cash. That’s right, cash. Their own cash. Well, OK, they’ll accept credit cards and debit cards. To get the service requires membership in a practice called …

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The Big Drag on the Rest of Us

It’s second-term scandal season in Washington, D.C. The folks at Fox are eating it up. But over at MSNBC, not so much. First it was Hillary Clinton’s role in Benghazi; then the AP wiretapping; and of course, the IRS looks more evil, stupid, and wasteful with each passing day. More scandals than usual? Hardly. Remember …

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Don’t Be Fooled Again

“There’s an old saying in Tennessee,” the last president said in a classic George W. Bush gem. “I know it’s in Texas, probably in Tennessee — that says, ‘Fool me once, shame on — shame on you. Fool me — you can’t get fooled again.’” Well, you know what he meant. But seriously, though, really; …

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The Not-So-Golden Years

The dream of virtually every American is to retire as early as possible. Who doesn’t want to have each and every day to do exactly what he or she wants to do? Sure, for some people, that would be work. They like having somewhere to go every day, being valued for their services, and the …

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Psychiatry and Its Free Market Champion

This week is a big one in the psychiatry world. The American Psychiatric Association released the fifth edition of its Diagnostic and Statistical Manual of Mental Disorders (DSM-5). What is now a massive 1,000-page tome doesn’t come out very often, but when it does, as Johns Hopkins distinguished professor Paul McHugh writes, the book “shape[s] …

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Money Debauchery Continues

Kings used to “clip” and “sweat” coins constantly to pad the government treasury. Coins would be called in and filed around the edges, with the resulting loose metal coined into new currency for the government to spend. This practice has gone the way of the buggy whip, with the Federal Reserve conjuring up billions from the ether with the ease of a keystroke.

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What Is a Libertarian?

In recent years, calling yourself a libertarian has become, at least in some circles, cool. Desperate media characters like comedian Bill Maher and radio host Alex Jones claim the “L” moniker from time to time in the midst of their nuttiness: leftist environmentalism by Maher, rightist conspiratorialism by Jones. Maher seems to think being a …

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It’s Time for Private Defense

The Cleveland Police Department took plenty of criticism when three girls that had been missing for a decade escaped captivity mere miles from their homes. Ariel Castro secretly held the girls hostage for years doing unspeakable things to them. In November 2001, a neighbor called the police when he heard screaming at the Castro home, …

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Inclined To Liberty

You are inspired by an idea. You want to share it with your friends. Why? Because it enhances your life, and you hope it will do the same for others. The idea in this case is big. It is human liberty itself, something very much under fire these days. In fact, it has been for …

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