“Instead of barrels of gunpowder, we’re going to be trafficking in books and ideas.”
This is what my friend and colleague Gary Gibson wrote in his own introduction to Whiskey & Gunpowder, an innovative product that began in 2005. Its mission has been to explore the outer edges of economic, financial, and political thinking.
It’s tone has been unapologetically radical. Even before I took on Laissez Faire Books in 2011, Whiskey had a great reputation on the street. “I love that newsletter,” is what I often heard.
Three years after its founding, the economy entered into its greatest depression since the 1930s, one that continues to this day. And though the politicians don’t talk about it, the link to the egregious policies of the 2000s were directly responsible in so many ways. It was a straight shot from 2001 through 2008.
But the politicians and central bankers promised to save us! They didn’t. They squandered trillions in resources, rescued failing institutions, wrapped the economy in another layer of regulations, scrambled for more power, drove interest rates to zero, and sucked the private economy dry to rescue their friends. They said that this was for the benefit of the people.
It wasn’t. Once the various tricks and rackets had run their course, the true state of the economy became obvious. It’s not just that unemployment remained high. The jobs people were getting paid less. Median income fell more after the recession was officially declared to be over. Household net worth has been wrecked and not recovered.
Prosperity and freedom are linked. Where people are free and property is secure, and where society is permitted to manage itself, prosperity flourishes. So it is not a surprise that we see too a grim picture of freedom in the United States. Under the guise of protecting our security, the state now believes it is entitled to spy on us, stop us at checkpoints, monitor our communications, and associations, and do so in brutal ways.
It sounds like a dystopian novel. We were promised one thing and given another. And it also sounds very familiar. It is the conditions that led to the great uprisings after which Whiskey & Gunpowder was named. This newsletter has been prophetic!
What is the next step? Fortuitously, Agora Financial bought Laissez Faire Books in 2010. This venerable institution was founded in 1972 to provide the crucial thing: the means to intellectual enlightenment. Ideas are the infrastructure and impetus of great social change. For this reason, Laissez Faire Books <http://lfb.org> practically built what is called the “liberty movement” as it stands today. And in November 2011, I came on board to help with reviving the institution and bringing it into the digital age.
In Laissez Faire Today, a daily newsletter that covers economics, technology, and liberty, we embrace the themes of Whiskey & Gunpowder and broaden them further.
You are not alone in the struggle to live a free life even in these times. You have like-minded friends and intellectual companions to travel with on the journey.
How will liberty be reclaimed in our time? I seriously doubt that politics is going to make it possible. The state will be outrun and overwhelmed when we build the right kind of networks of communication and learning. It will happen when the state that has strangled so much hope is revealed to be a burdensome anachronism. The force of history will sweep it away.
But it won’t happen automatically. It will happen only when we take the right steps, to educate ourselves, improve our lives, and build geographically non-contiguous communities of share interest. And it will happen when we can do this together, securely and with enlightened explorations of new approach and new ideas.
“Instead of barrels of gunpowder, we’re going to be trafficking in books and ideas,” says Gary.
If I had to choose ideas or guns, I would choose the ideas every time. It’s the ideas that build society and change history. They penetrate deeply and make the real difference. You can see in societies where states with guns rule the day: all rule by force is temporary. The hearts and minds of people at the things that are determinative of the course of history.
We don’t have much time to act. Now is the time to dig down and get serious about ideas. We invite you to join me, Gary Gibson, and so many others, in the Laissez Faire Club and start making a real difference in your own life and the future.
Whiskey & Gunpowder deserves a high place in the history of the resistance. It’s archive will remain, but now its mission is carried on by Laissez Faire.
“Whiskey and Gunpowder” was a better name. What happened?
“Laissez Fair Club” is too…laissez faire! Too soft. Change it up, boys!!!
Do something…. No articles since Aug 30? No RNC or DNC commentary? No Romney doesn’t get it but Obama is definitly headed in the wrong direction? A little “if Obama wins you can kiss the US goodbye” followed by a list of favored ex-pat locations? Frankly the lack of activity is making me twitchy…
Cheri and fellow commentators,
I have signed up for Laissez Faire Today email; they are done here. There isn’t going to be any of the content we were used to here. There isn’t going to be any more content here, period. It remains as an archive. I would have thought we needed Whiskey and Gunpowder more than ever nowadays, but they have decided otherwise. Note that you will want to check your Junk Mail as that is where LFToday has been showing up despite my instructions otherwise. And sadly, since I don’t Tweet, Like, Link-In, or IM, etc., I am not sure how I am going to comment within the new format, and just when I was getting to be a regular. I would love to volunteer to keep this site going–I could do at least one contribution a week–two/week until the election, no problem. YFL -Edward
As my post demonstrated, you can tell people the truth and exactly what you are going to do and there will be those whose don’t get it. I suspect is grows old to poor your heart out day after day and see no change. (Expensive too.) Education is the only answer and it is HARD with the current populace. We all learned to make arguments, but not how to test their veracity. Perpetual eighth graders.
Something has got to give.
Maybe I’ll change my name to Mr. Whiskey And Gunpowder and then run to ICANN to retrieve my rightful domain name from these obvious cybersquatters.
No, but seriously: Ron Paul is an etatist.
Wolf Richter updates the latest wave of defaults and bankruptcies in the energy sector. As you'll see, even Janet Yellen saw this coming...
Every city in the world seems to be jealous of New York’s marvelous High Line, an ancient abandoned elevated rail line that has been converted into a park. Now cities everywhere are looking at their abandoned transportation lines to see how they can be reused.
Biotechs blasted lower all week. Semiconductors hit the mat. And the once high-flying Nasdaq lost more than 3% as of yesterday—topping off its worst run since last April. Greg Guenthner looks at the latest market sell-off and questions the mainstream explanation behind it.
To allow exports of oil or to not allow exports of oil? That has become a very important question. Today Jody Chudley takes a look at that and three ways to invest around political thumb sucking…
As the business publication Quartz reports, "Cisco projects video to represent 71% of all mobile data traffic by 2019, up from about 55% last year, and representing the bulk of mobile traffic growth."