EDITORIAL Showing 551 - 600 of 1900
Classical Liberalism and the Quest for World Peace
April 01, 2014
For almost a century, since the end of the First World War in 1918, mankind has been in search of international order and global peace through the political method of international organization. However, instead of peace among men, the last one hundred years ha ...
Aid to Ukraine Is a Bad Deal For All
March 31, 2014
Last week Congress overwhelmingly passed a bill approving a billion dollars in aid to Ukraine and more sanctions on Russia. The bill will likely receive the president's signature within days. If you think this is the last time US citizens will have their money ...
What Libertarianism Is, and Isn't
March 31, 2014
The explosive growth in the number of converts to libertarianism since Ron Paul first ran for president is one of the most exciting developments of my life. But I'd like to issue a note of caution. There are several ways a young libertarian can distinguish hims ...
Media Control Grows More Difficult … And Obvious
March 29, 2014
We have noticed a trend toward boldness – even brazenness – when it comes to manipulating the media in the US. It's as if politicians especially are not even bothering to hide their intentions. We recently ran an article entitled, "Congress Mulls Licensing ...
Pushing Toward The Final War
March 29, 2014
Does Obama realize that he is leading the US and its puppet states to war with Russia and China, or is Obama being manipulated into this disaster by his neoconservative speech writers and government officials? World War 1 (and World War 2) was the result of the ...
Welfare Without the State
March 28, 2014
Libertarians and free-market conservatives take an unequivocal stand on the provision of state welfare. It should be phased out and returned to the private sector. Charity is not a proper function of government. This, of course, attracts the usual horrified den ...
A Vast Land Grab to Grouse About
March 27, 2014
A March 11th headline in the The Wall Street Journal read, "Sage Grouse Rebellion. Will Obama use two small birds to limit oil drilling in the West?" The article opened, "Almost half the land west of the Mississippi belongs to the federal government, including ...
Obama Butts in Again
March 26, 2014
I am puzzled that there is hardly any mention in the press – columns, editorials, etc. – about Mr. Obama's executive intrusion in the employment realm. He wants to have overtime pay be higher than it is. He seems to think it is the task of the president to ...
Individual Self-Determination vs. Ukrainian or Russian Nationalism, Part II
March 25, 2014
Russian president Vladimir Putin's power grab and annexation of the Crimea has filled global news headlines as he attempts to reverse what he has called the "greatest geopolitical catastrophe of the twentieth century" – the collapse of the Soviet Union. But i ...
US 'Democracy Promotion' Destroys Democracy Overseas
March 24, 2014
It was almost ten years ago when, before the House International Relations Committee, I objected to the US Government funding NGOs to meddle in the internal affairs of Ukraine. At the time the "Orange Revolution" had forced a regime change in Ukraine with the h ...
As Predicted, Stocks Make New Highs
March 22, 2014
The sky is falling. The seas are rising. The ground shakes. The very fabric of space and time trembles. And stocks go up. This is called "The Wall Street Party." The power elite that in aggregate organizes central banking policy and is responsible for foreign p ...
Hanging Winston Churchill – Vicarious Liability of Leaders
March 20, 2014
Is there a libertarian theory of vicarious liability? I first considered the question as a result of a humorous incident. It was the last night of a conference and a few of us were sitting on a couch in a lobby off the main lecture hall in which students were g ...
Intellectual Property, Anyone?
March 19, 2014
There is a debate afoot now about whether one ever owns the likes of a novel, poem, computer game, song, arrangement or similar "intellectual" items. Some argue, to quote the skeptic, Professor Tom Bell of Chapman University's School of Law, "Copyrights and pa ...
Individual Self-Determination vs. Ukrainian or Russian Nationalism, Part I
March 18, 2014
The Ukrainian-Russian crisis over the de facto occupation of Crimea by Russian military forces, which has enveloped the concerns and fears of the world over the last weeks, revolves around two conflicting claims of national self-determination. It has, once agai ...
If Spying on Senate Is So Bad, Why Is It OK for Them to Spy on Us?
March 17, 2014
The hypocrisy of Sen. Feinstein is astounding. She is the biggest backer of the NSA spying on the rest of us, but when the tables are turned and her staff is the target she becomes irate. But there is more to it than that. There is an attitude in Washington tha ...
Ukraine Turmoil: Ramifications of a Questionable Crisis
March 15, 2014
When it comes to geopolitical unrest, one has to look long and hard at a variety of scenarios and ramifications to begin to discern various "truths." Such events are manmade, of course, and in the "era of the Internet," we can often see a kind of directed histo ...
The Failure of German Leadership
March 14, 2014
Merkel Whores For Washington - Washington, enabled by its compliant but stupid NATO puppets, is pushing the Ukrainian situation closer to war. German Chancellor Merkel has failed her country, Europe, and world peace. Germany is the strength of the EU and NATO. ...
Lincoln and the Gettysburg Gospel
March 13, 2014
It has been called "the Gettysburg Gospel" because Abraham Lincoln's 271-word speech in 1863 is a key document in the creation of "civil religion" in America. Ronald Beiner, a professor of political science at the University of Toronto, defined "civil religion" ...
The Logic of Equalization
March 12, 2014
Recently my TV news station reported on how the Federal Communications Commission drafted an order to visit broadcast newsrooms and make sure they treated news items fairly, that they make balanced presentations of the pros and cons on various public policies. ...
Equal Rights vs. Special Privileges
March 12, 2014
One of the major evils of the welfare state in libertarian eyes is that it destroys the concept of objective law (i.e., equal rights under the law) throughout society. This is because the welfare state is based upon the violation of individual rights in order t ...
The Continuing Relevance of F. A. Hayek's 'The Road to Serfdom'
March 11, 2014
Seventy years ago this month, on March 10, 1944, The Road to Serfdom by Friedrich A. Hayek was first published in Great Britain. For seven decades it has continued to challenge and influence the political-economic landscape of the world. Hayek delivered an omin ...
Can We Afford Ukraine?
March 10, 2014
Officially, US debt stands at more than $17 trillion. In reality, it is many times more. The cost of the US invasion of Afghanistan and Iraq may be more than six trillion dollars. President Obama's illegal invasion of Libya cost at least a billion dollars and l ...
What is the Good Life?
March 06, 2014
Every person has a different answer. Nevertheless, there are basic guidelines or advice that I believe benefits anyone looking for "the good life." Certainly they benefited me decades ago when I needed a door through which to exit the endurance contest that had ...
Propaganda Rules The News
March 06, 2014
Gerald Celente calls the Western media "presstitutes," an ingenious term that I often use. Presstitutes sell themselves to Washington for access and government sources and to keep their jobs. Ever since the corrupt Clinton regime permitted the concentration of ...
Drug Prohibition is Both Wrong and Unworkable*
March 05, 2014
Introduction. Many are growing increasingly skeptical of the claims by government officials about winning the war against drugs. Should this war be supported because a smaller percentage of teenagers use marijuana, or should it be opposed because a larger perce ...
The Austrian Economists Who Refuted Marx (and Obama)
March 04, 2014
The president of the United States has publicly declared that he knows the minimum wage any worker in the United States should earn as an hourly salary: $10.10. Why not $11.11 or $9.99 has been left a mystery. But what the president is sure of is that businessm ...
Hagel's 'Defense Cuts' Are Smoke and Mirrors
March 03, 2014
Last week Defense Secretary Chuck Hagel proposed an additional 40,000 reduction in active duty US Army personnel, down to 450,000 soldiers. As US troops are being withdrawn from the recent wars in Afghanistan and Iraq, it might make sense to reduce not only the ...
Federalism: The Founders' Legacy
March 03, 2014
For the first 125 years of our history (1789-1913), America was a country comprised of libertarian politics and conservative cultural values. 1) Libertarian politics is based upon the fact that man was meant to be free. Thus, his government must be strictly lim ...
Mt. Gox Bitcoin Bankruptcy – Was the Fix In?
March 01, 2014
Up until Friday, there were reports that the Mt. Gox bitcoin exchange in Tokyo was going to survive in some form. Maybe it would be bought, or the hack, if there was one, would be tracked, or perhaps it was merely a matter of accounting and any bitcoin loss wou ...
How to Achieve the Good Life
February 27, 2014
Imagine two scenarios. 1. A friend is visiting and excuses herself to use your washroom. In there, she notices an expensive diamond necklace lying in a corner of the room. It is the necklace you've said is missing and you fear is lost. Your friend's rent is ove ...
Marching Toward Genuine Collectivism?
February 26, 2014
Whenever one is involved in a debate or argument about normative matters – ethics or politics, for instance – certain moves are made by means of using labels. One might characterize another's position as "extreme right or left wing," "fascist," "socialist," ...
For Healthcare the Best Government Plan Is No Plan
February 25, 2014
One of the most difficult lessons for people to understand and learn is that sometimes you just have to "let go." That is, you must accept the fact that not everything can be controlled and trying to do so sometimes can make a situation worse. This is never mor ...
Leave Ukraine Alone!
February 24, 2014
Last week Ukraine saw its worst violence since the break-up of the Soviet Union over 20 years ago. Protesters occupying the main square in the capitol city, Kiev, clashed with police leaving many protesters and police dead and many more wounded. It is an ongoin ...
Deification of Yellen or Directed History?
February 22, 2014
Yellen continues to garner good press. We are not surprised. This is Janet Yellen's honeymoon phase. As we have written previously, she ought to enjoy it while she can. The US media is making it easy for Ms. Yellen to appreciate her press. Almost three weeks si ...
Is Ukraine Drifting Toward Civil War And Great Power Confrontation?
February 21, 2014
People ask for solutions, but no solutions are possible in a disinformed world. Populations almost everywhere are dissatisfied, but few have any comprehension of the real situation. Before there can be solutions, people must know the truth about the problems. F ...
Why Don't You Steal? The Wealthy Drunk Question
February 20, 2014
As a starting point, I assume readers do not engage in the initiation of force, including theft. You may refrain from doing so because of a moral code or from a respect for rights. But, at least for me, the admonition not to steal isn't written in stone. I hold ...
Fallacies of the Clunker Program
February 19, 2014
I wish to revisit Mr. Obama's clunker program. There are lessons in there that are worth revisiting. Most have no time to consider the big picture so when the clunker program came their way, they thought only of the immediate consequences. It all reminded me of ...
ObamaCare: Will America's Health Care Future Follow Germany's Past?
February 18, 2014
As the American people contemplate the future of their health care system with the implementation of ObamaCare, it is, perhaps, useful to look backward and briefly recall the origin and early history of government-managed national health care in the country whe ...
At the Fed, The More Things Change, the More They Stay the Same
February 17, 2014
Last week, Federal Reserve Chairman Janet Yellen testified before Congress for the first time since replacing Ben Bernanke at the beginning of the month. Her testimony confirmed what many of us suspected, that interventionist Keynesian policies at the Federal R ...
Marijuana: How We Will Seize Our Opportunity – and Yours
February 15, 2014
Exciting times. Marijuana decriminalization and legalization is moving quickly. Most recently, as was reported yesterday, the US Justice Department announced that banks and other financial entities could participate in the burgeoning marijuana industry without ...
Washington Orchestrated Protests Are Destabilizing Ukraine
February 14, 2014
The protests in the western Ukraine are organized by the CIA, the US State Department and by Washington- and EU-financed Non-Governmental Organizations (NGOs) that work in conjunction with the CIA and State Department. The purpose of the protests is to overturn ...
The Virtue of Self-Interest
February 13, 2014
They may be the two most famous lines in economic history and they carry much the same message. In An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith (1723-1790) wrote, "It is not from the benevolence of the butcher, the brewer, or the b ...
Minimum Wage Laws
February 12, 2014
Many objections can be raised against minimum wage laws but the most important of them is that such laws amount to restraint of trade. If I want to work for a wage someone is willing to pay me, that should be the end of it unless this work amounts to the violat ...
J.M. Keynes: The Damage Still Done By a Defunct Economist
February 11, 2014
Seventy-eight years ago, on February 4, 1936, the British economist John Maynard Keynes (1883–1946) published what soon became his most famous work, The General Theory of Employment, Interest, and Money. Few books have, in so short a time, gained such wide in ...
Will No One Challenge Obama's Executive Orders?
February 10, 2014
President Obama's state of the union pledge to "act with or without Congress" marks a milestone in presidential usurpation of congressional authority. Most modern presidents have used executive orders to change and even create laws without congressional approva ...
Same Old, Same Old … And Something New From Us
February 08, 2014
Over and over, the common wisdom is offered as if it were new or valuable. A recently published Reuters editorial is a good example. Entitled, "A crash course in growth economics," it recites all the Keynesian dominant social themes we're used to hearing and re ...
Market Manipulations Become More Extreme, More Desperate
February 08, 2014
In two recent articles we explained the hows and whys of gold price manipulation. The manipulations are becoming more and more blatant. On February 6 the prices of gold and stock market futures were simultaneously manipulated. On several recent occasions gold h ...
The Immorality of Public Education
February 06, 2014
The libertarian publisher R.C. Hoiles insisted that the editorial page of his flagship California newspaper The Orange County Register was "a daily school room made available to its subscribers." In that schoolroom Hoiles taught what he called "voluntaryism." A ...
Reflections on Education
February 05, 2014
Public education is nearly a fixture not only in this country but nearly everywhere in the Western world. It is pretty much agreed by most concerned parties that children need to be placed into school, starting around age 6, and kept there to be provided with s ...
What Is Supply-Side Economics?
February 05, 2014
Supply-side economics is an innovation in macroeconomic theory and policy. It rose to prominence in congressional policy discussions in the late 1970s in response to worsening Phillips curve trade-offs between inflation and unemployment. The postwar Keynesian d ...
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