EDITORIAL Showing 551 - 600 of 1908
Selling the Rope…
April 09, 2014
Lenin – or was it Marx or Stalin? – is said to have observed, "The Capitalists will sell us the rope with which we will hang them." (Attribution is mixed!) What this means is that people who are in business aren't political philosophers or economist but hav ...
The War on Raw Milk
April 09, 2014
Congressman Thomas Massie (R-KY) and a bipartisan coalition of lawmakers have recently introduced legislation to allow for the sale of raw milk, i.e., unpasteurized milk. Their Milk Freedom Act of 2014 would make it legal for "certified dairy farmers" to sell u ...
Is the Case for Liberty Too Extreme?
April 08, 2014
If there is one label more than any other that principled advocates of individual liberty are often stamped with it is that they are "extremists." You are so extreme, it is said. What is wrong with a compromise between personal freedom and some "reasonable" deg ...
Ft. Hood: An Avoidable Tragedy
April 07, 2014
Last week we saw yet another tragedy at Ft. Hood, Texas, as a distraught Iraq war veteran killed three of his fellow soldiers before killing himself. It is nearly five years after the last Ft. Hood shooting, where 13 people were killed. These tragedies are hear ...
Meme of Market Moves Is Powerful Directed History
April 05, 2014
I've explained before, but I'll try again, especially in light of the "big thud" that the market made on Friday. According to CNBC, "The Nasdaq narrowly avoid[ed] its worst one-day loss this year as momentum names got crushed for a second day. The Dow and S&P 5 ...
The Federal Reserve Has No Integrity
April 04, 2014
As we documented in previous articles, the gold price is driven down in the paper futures market by naked short selling by the Fed's dependent bullion banks. Some people have a hard time accepting this fact even though it is known that the big banks have manipu ...
Executive Agency Tyranny May Soon Be Much Worse … Or Better
April 03, 2014
On March 14th, Cato Institute ran an article entitled "SCOTUS Deferred to Executive Agencies. What Happened Next Will Infuriate You!" The article and surrounding documents go a long way toward explaining why executive agencies have acquired such mind-boggling p ...
How America Was Founded
April 02, 2014
There is an ongoing debate afoot about America's founding. Basically, the issue is whether the country is based on Christian or on secular principles. There is some credibility in both claims. If one takes the Declaration of Independence as the most basic state ...
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 ...
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