Ron Turns 80! Videos, photos and more

Ron survives his 80th Birthday, January 8th, 2016!

Enjoyed by a small group of family and friends on a warm Perth Friday afternoon, at the Perth Mint.

The theme was FIVE! (You will have to watch video 2 of Ron’s speech to fully understand the “theme of five”.)

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Larry Reed on his journey to libertarianism

Larry Reed talks about his journey to liberty. From The Sound of Music, to Czechoslovakia, to Young Americans for Freedom (YAF) in Pittsburgh as a 14-year-old. The message on joining YAF was: “If you want to be an anti-Communist, it’s not enough simply to oppose tanks in the streets; you have to know your philosophy, you have to know your economics.” Talks about what a great speaker Hans Sennholz was. Larry recalls how, with Murray Rothbard’s help, he questioned his university economics lecturer’s Keynesian business cycle theory, by asking these three questions that a theory of the business cycle has to explain:

  1. That an inflation of money and credit precedes the bust.
  2. Fluctuation in capital goods industries are much greater than in consumer goods industries.
  3. The cluster of entrepreneurial errors.