EDITORIAL Showing 401 - 450 of 1920
US Has More Sanctions Against Russia Than Against Ebola
October 10, 2014
We have known since . . . well, when haven't we known that our public officials are incompetent. Their incompetence is always expensive, but now it risks a worldwide ebola pandemic. With so little known about a deadly disease, one would think that with ebola on ...
Libertarianism Is Not Atheist, Is Not Religious
October 09, 2014
A Liberty magazine article (March 1987) on religion was entitled "Freedom is for Everyone (Including the despised 'Rightists')." In it, Murray Rothbard observed, "The libertarian movement, and the Libertarian Party, will get nowhere in America – or throughout ...
Rights as Basic Principles
October 08, 2014
The point of having a written constitution to which the administration of a country's legal system is firmly committed is to provide a framework of viable, just social life to all members of society who renounce violations of its principles. The American framer ...
F. A. Hayek and the Nobel Prize
October 07, 2014
Forty years ago, on October 9, 1974, the Nobel Prize committee announced that the co-recipient of that year's award for economics was the Austrian economist, Friedrich A. Hayek. Never was there a more deserving recognition for one of the truly great free-market ...
The Real Status of Forces in Afghanistan and Iraq
October 06, 2014
After 13 years of war in Afghanistan – the longest in US history – the US government has achieved no victory. Afghanistan is in chaos and would collapse completely without regular infusions of US money. The war has been a failure, but Washington will not ad ...
International Distribution of Cannabis Extracts Inevitable: UN to Set the Table
October 04, 2014
Just as we've predicted, the cannabis industry is expanding rapidly worldwide – and for people following this trend, there's exciting news almost every day. It's also raised a question I want to address in this editorial. More about that further down. The big ...
How North America Came to Hate Individuals
October 02, 2014
The Spanish historian and Dominican friar Bartolomé de las Casas (1484-1566) is one of my favorite libertarian figures. He devoted most of his life to fighting the violent colonization of South America and the savage slavery it involved. Unique among European ...
More Washington Lies
October 01, 2014
Hong Kong: Whatever is occurring in Hong Kong, it bears no relation to what is being reported about it in the Western print and TV media. These reports spin the protests as a conflict between the demand for democracy and a tyrannical Chinese government. Ming Ch ...
Dangerous Words: 'I Believe in Freedom, But …'
September 30, 2014
One of the greatest huddles to a successful achievement of liberty in society is all due to the little word, "but." People will often say, "Oh, I believe in freedom in principle, but . . ." That "but" is followed by an assumed exception requiring some form of g ...
Scottish Referendum Gives Reasons to be Hopeful
September 29, 2014
Even though it ultimately failed at the ballot box, the recent campaign for Scottish independence should cheer supporters of the numerous secession movements springing up around the globe. In the weeks leading up to the referendum, it appeared that the people o ...
Sad Tale of the New York Fed and Goldman Sachs Has a Simple Solution
September 27, 2014
Well, the spinmeisters are out in force. It's predictable. A young woman has taped conversations between Goldman Sachs and the New York Fed apparently showing clear collusion –and the articles are already spewing forth on how the system is terribly corrupt an ...
Libertarian Candidates Jump Out of the Crazy Closet
September 25, 2014
It is voting season and a fever of straw hats is falling. Hundreds of 'libertarians' have jumped out of the crazy closet in their candidate costumes that are emblazoned with "this time for sure!" Hundreds of thousands more will tick a box, as the media and poli ...
Upsetting the Apple Cart of Conventional Wisdom
September 25, 2014
One fairly common concern about the legalization of marijuana use for adults is that it will lead to an increase in rates of abuse of hard drugs, like cocaine, heroin or methamphetamine. This generally stems from the belief that marijuana is a "gateway drug," m ...
Democracy is Not the Same as Freedom
September 24, 2014
A fundamental fallacy of our time is that democracy is the open-sesame to peace, freedom and prosperity. The political events surrounding what was called the ill-fated "Arab Spring" a couple of years ago was a based on the idea that "democracy" would solve all ...
Rigged Gold Price Distorts Perception of Economic Reality
September 23, 2014
The Federal Reserve and its bullion bank agents (JP Morgan, Scotia and HSBC) have been using naked short-selling to drive down the price of gold since September 2011. The latest containment effort began in mid-July of this year, after gold had moved higher in p ...
Congress Votes for More War in the Middle East
September 22, 2014
Last week, the House and Senate voted to rubber stamp President Obama's war plans for the Middle East. Both bodies, on a bipartisan basis, authorized the US to begin openly training and arming the rebels who have been fighting for three years to overthrow the A ...
Stay Alert in These Interesting Times
September 20, 2014
Events are speeding up in this Internet Era. Just as the Gutenberg press changed the landscape of its time via the Renaissance, Reformation and Enlightenment, so what we call the Internet Reformation has begun to reshape society significantly. The just-complete ...
Libertarianism and Racism
September 18, 2014
Three accusations about racism are being hurled at libertarianism. As libertarianism ascends in political prominence, the accusations will get louder. 1. Libertarianism cannot eliminate racism from society. This is true. But the demand for a racist-free society ...
The Miracle and Morality of the Market
September 16, 2014
One of the great fallacies arrogantly believed in by those in political power is the notion that they can know enough to manage and command the lives of everyone in society with better results than if people are left to live their own lives as they freely choos ...
Will the Swiss Vote to Get Their Gold Back?
September 15, 2014
On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank (SNB) from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold ...
Profits and Asset Bubbles Everywhere?
September 13, 2014
We've been covering the growth of asset bubbles throughout 2014 and now, as we approach the troublesome month of October, it's a good time to reassess. The mainstream media is filled with predictions of a "market crash" and I figure this means some sort of sign ...
Reflections of a Whistleblower
September 11, 2014
I finally remembered advice I received from Ayn Rand's former lieutenant, Nathaniel Branden, and the memory of it led me down an odd path of thought. First, the advice. It came many years ago as a result of my openly admiring how well Branden handled himself du ...
9/11 After 13 Years
September 11, 2014
The tragedy of September 11, 2001, goes far beyond the deaths of those who died in the towers and the deaths of firefighters and first responders who succumbed to illnesses caused by inhalation of toxic dust. For thirteen years a new generation of Americans has ...
Proud to be an American: What Should It Mean?
September 09, 2014
America! For more than two hundred years the word has represented hope, opportunity, a second chance and freedom. In America the accident of a man's birth did not serve as an inescapable weight that dictated a person's fate or that of his family. The individual ...
Nixon’s Vindication
September 08, 2014
Forty years ago many Americans celebrated the demise of the imperial presidency with the resignation of Richard Nixon. Today it is clear they celebrated too soon. Nixon's view of presidential powers, summed up in his infamous statement that, "when the president ...
Personal Responsibility and Free-Market Entrepreneurship
September 06, 2014
A recent, little noticed article discussing Russia's signing of US FATCA legislation contained a surprising confessionary note – and an important one. The main news was simple enough, of course. Vladimir Putin has signed Russian legislation mandating potentia ...
Poison Tomatoes: Battling Anti-cannabis Propaganda
September 05, 2014
Not since the 16th century, when the tomato was widely believed to be poisonous, has any plant been draped in as much misinformation as cannabis. After battling the anti-cannabis propaganda for the last decade, I'm getting a little weary of hearing it echoed ag ...
A Lie that Serves the Rich
September 05, 2014
The truth about the American economy. The labor force participation rate has declined from 66.5% in 2007 prior to the last downturn to 62.7% today. This decline in the participation rate is difficult to reconcile with the alleged economic recovery that began in ...
Learning From Ayn Rand's Mistakes
September 04, 2014
A common reason people break with orthodox objectivism is because they embrace anarchism rather than limited government. Ayn Rand was a well known advocate of a night-watchman government that was limited to protecting the person and property of those within its ...
Why the First Amendment?
September 03, 2014
It has puzzled me for some time why campaign contribution is considered a First Amendment constitutional issue. If I write out a check to some candidate, I am not talking, writing an essay, carrying some poster in a parade or anything that could be construed as ...
Don't Believe Government About Price Inflation
September 02, 2014
It is an old adage that there are lies, damn lies and then there are statistics. Nowhere is this truer than in the government's monthly Consumer Price Index (CPI) that tracks the prices for a selected "basket" of goods to determine changes in people's cost of l ...
Obama Has No Middle East Strategy? Good!
September 01, 2014
Last week President Obama admitted that his administration has not worked out a strategy on how to deal with the emergence of the Islamic State in Iraq and Syria (ISIS) as a dominant force in the Middle East. However, as ISIS continues its march through Syria a ...
Is This the Libertarian Moment?
September 01, 2014
Earlier this month the New York Times wondered aloud if the "libertarian moment" had arrived. A good question, to be sure. To answer it, though, Times reporter Robert Draper sought out not quite the top libertarian thinkers in the world, but instead those peopl ...
Dr. Kissinger on the 'New World Order' – Editorial or Policy Statement?
August 30, 2014
Dr. Henry Kissinger has written an article entitled, "Henry Kissinger on the Assembly of a New World Order" posted at The Wall Street Journal. It's an important article written by an important man. Dr. Kissinger, the Journal tells us, "served as national securi ...
Halbig v. Burwell: A Technicality Could Change Your Life
August 28, 2014
The Patient Protection and Affordable Care Act (PPACA or Obamacare) became law in early 2010. Arguably, it is the single greatest assault on the right of individuals to control their own bodies that America has seen in decades. Few matters are more intimate tha ...
America's Corrupt Institutions
August 28, 2014
Every public institution in the United States and most private ones are corrupt. To tell this story would be a multi-book task. Lawrence Stratton and I have written one small volume of the story. Our book, The Tyranny of Good Intentions, now with two editions a ...
Fighting Deflation Results in Inflationary Disaster
August 26, 2014
For more than a decade, now, Federal Reserve policy has been guided by the fear of one economic bogeyman: the presumed danger of "price deflation." The fear is unfounded and the inflationary "solution" only leads to disaster. During Alan Greenspan's and Ben Ber ...
Ferguson: The War Comes Home
August 25, 2014
America's attention recently turned away from the violence in Iraq and Gaza toward the violence in Ferguson, Missouri, following the shooting of Michael Brown. While all the facts surrounding the shooing have yet to come to light, the shock of seeing police usi ...
The Fate of Galt's Gulch Chile
August 25, 2014
Many have wondered about the status of Galt's Gulch Chile (GGC), the libertarian community that was planned and sold in lots as a liberty oasis for those who wished to live freedom before they died. My husband and I purchased an option on 1.25 acres in July 201 ...
Look to Human Action to Understand the Emergence of the Marijuana Meme – Even in China
August 23, 2014
The Economist has just posted a "leader" for its latest issue entitled "What China Wants" that begins, "After a bad couple of centuries, China is itching to regain its place in the world. How should America respond?" This kind of approach to geopolitics is actu ...
Your Silence Confesses Your Guilt
August 21, 2014
On June 17, 2013, the United States Supreme Court (SCOTUS) further eroded one of the most potent protections Americans had against unfettered authority: the right to remain silent. In Salinas v. Texas, SCOTUS ruled that a defendant's refusal to answer police qu ...
Why Taxation is Immoral and Should be Criminal
August 20, 2014
Governments and their defenders insist that taking taxes from citizens in perfectly okay. As Justice Oliver Wendell Holmes alleged, it is "the price we pay for civilization." Like saying handing over your money to a hood amounts to paying for safety! Balderdash ...
Federal Reserve Policies Cause Booms and Busts
August 19, 2014
Since the economic crisis of 2008-2009, the Federal Reserve – America's central bank – has expanded the money supply in the banking system by over $4 trillion, and has manipulated key interest rates to keep them so artificially low that when adjusted for pr ...
What Have We Accomplished in Iraq?
August 18, 2014
We have been at war with Iraq for 24 years, starting with Operations Desert Shield and Storm in 1990. Shortly after Iraq's invasion of Kuwait that year, the propaganda machine began agitating for a US attack on Iraq. We all remember the appearance before Congre ...
Winning Big? The Promise of the Global Marijuana Trend for Those Who Understand
August 16, 2014
Things are "coming up roses" (or "buds") when it comes to marijuana decriminalization and legalization. In this editorial I'll share some recent fertile events in Canada and around the world. First, the CBC has just reported that a Canadian appeals court ruled ...
Beware of Kafkatrapping
August 14, 2014
The term "kafkatrapping" describes a logical fallacy that is popular within gender feminism, racial politics and other ideologies of victimhood. It occurs when you are accused of a thought crime such as sexism, racism or homophobia. You respond with an honest d ...
The Left's Dismissal of Individual Rights
August 13, 2014
For those of us who have escaped Draconian tyrannies and reached America, for a long time it may be difficult to adjust to the fact that American Leftists are every bit the fascists that some claim they are. As the late Susan Sontag put it, "Communism is succes ...
Böhm-Bawerk: Austrian Economist Who Said “No” to Big Government
August 12, 2014
Böhm-Bawerk is most famous as one of the leading critics of Marxism and socialism in the years before the First World War. He is equally famous as one of the developers of "marginal utility" theory as the basis of showing the logic and workings of the competit ...
The De-industrialization of America
August 12, 2014
On January 6, 2004, Paul Craig Roberts and US Senator Charles Schumer published a jointly written article on the op-ed page of the New York Times titled "Second Thoughts on Free Trade." The article pointed out that the US had entered a new economic era in which ...
US Sanctions on Russia May Sink the Dollar
August 11, 2014
The US government's decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself. While the effect of sanctions on the dollar may not be appreciated in the short term, ...
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