EDITORIAL Showing 401 - 450 of 1900
profitsandbubbles
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 ...
whistleblower
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 ...
shame2
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 ...
usflags
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 ...
watergate
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 ...
studyingprospectus
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 ...
poisontomatoes
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 ...
lying
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 ...
randmistakes
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 ...
firstamendment
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 ...
dontbelieve
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 ...
noplan
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 ...
clapping1
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 ...
editorial
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 ...
supremecourt
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 ...
corruption
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
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 ...
shooter
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 ...
chile
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 ...
Chinesehumanaction
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 ...
5thAmendment
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 ...
taxation
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 ...
boombust
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 ...
explosion3
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 ...
winningbig
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 ...
judge1
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 ...
closedeyes
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 ...
no3
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 ...
factoryclosed
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 ...
sinkingdollar1
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, ...
sirens
13% Trust Government – as Sirens Sound!
August 09, 2014
CNN has announced that "trust in government is at an all time low." Like so many CNN articles, this one makes a factual statement and then lets it lie there, undisturbed. In fact, the article, based on a CNN poll, needlessly complicates its point by seeming to ...
fatherdaughter
A Letter to My Father
August 07, 2014
There is an attempt to change the ground rules of libertarianism through introducing left-leaning attitudes and concepts. Two distinct approaches are in play within this attempt. I applaud one. I will leave the movement if the other prevails. My friend Chris Sc ...
contrasting
Tocqueville & Rand, Contrasting Views of Individualism
August 06, 2014
Individualism – a Hundred Years Apart As a rather friendly observer of 19th Century America, Alexis de Tocqueville oddly shared a view of individualism with someone who isn't usually linked to his political viewpoint, namely, Karl Marx. This is understandable ...
letter1
Mr. President: Please Mind Your Own Business
August 05, 2014
Dear President Obama, For nearly six years, now, you have declared your intention and desire of being my Nanny-in-Chief. Your original campaign slogan of "Hope and Change" was really a promise of "Control and Command." Well, Mr. President, I have a request: Min ...
ukraineflag
Why Won’t Obama Just Leave Ukraine Alone?
August 04, 2014
President Obama announced last week that he was imposing yet another round of sanctions on Russia, this time targeting financial, arms, and energy sectors. The European Union, as it has done each time, quickly followed suit. These sanctions will not produce the ...
endorsed
Predictably, Prestigious IGM Economists Endorse Statism and Its Monetary Manipulations
August 02, 2014
Once more we are reminded how the modern economic intelligentsia is divorced from our miserable economic realities. And we have Paul Krugman to thank for that. In a recent editorial, Krugman pointed out that top economists believe the Obama administration's "st ...
war3
The State's Worst Atrocity
August 02, 2014
Nothing in the world is easier than opposing a war that ended long ago. It takes no real courage to be against the Vietnam War in 2014. What takes courage is opposing a war while it is being fought – when the propaganda and intimidation of the public are at t ...
crossroads
Relationship of Politics to Morality
July 31, 2014
A manufactured conflict is flashing through libertarianism: self-described "humanitarians" versus insultingly-labeled "brutalists." In a much circulated article entitled "Against Libertarian Brutalism," the libertarian luminary Jeffrey Tucker defines the "human ...
humans
Natural Rights
July 30, 2014
In the history of political thought natural rights theory is most closely associated with John Locke, although as Brian Tierney has shown, the idea had been formed much earlier and some, for example Fred D. Miller, Jr., even hold that Aristotle was already cons ...
leftrightneither
Freedom is Neither 'Left' nor 'Right'
July 29, 2014
We live in a time when virtually all political parties and candidates stand for the same fundamental ideological idea: state interventionism and compulsory redistribution. This also applies to the mainstream media. Even many who say they adhere to a "pro-market ...
nuclearwar
War Is Coming
July 29, 2014
The extraordinary propaganda being conducted against Russia by the US and UK governments and Ministries of Propaganda, a.k.a., the "Western media," have the purpose of driving the world to war that no one can win. European governments need to rouse themselves f ...
auschwitz
End Torture, Shut Down the CIA!
July 28, 2014
Remember back in April, 2007, when then-CIA director George Tenet appeared on 60 Minutes, angrily telling the program host, "we don't torture people"? Remember a few months later, in October, President George W. Bush saying, "this government does not torture pe ...
fallingapart1
US Falls Apart as Stock Market Booms
July 26, 2014
Nation-states don't exist. Only cultures abide. But is has been the great triumph of globalists that they have created an entire history built around non-existent entities. "France goes to war with Germany." "Russia makes peace with Austria." "Tensions arise be ...
usrussia
Washington Is Escalating the Orchestrated Ukrainian "Crisis" to War
July 25, 2014
Despite the conclusion by US intelligence that there is no evidence of Russian involvement in the destruction of the Malaysian airliner and all lives onboard, Washington is escalating the crisis and shepherding it toward war. Twenty-two US senators have introdu ...
exit
Flee Rather Than Stand Your Ground
July 24, 2014
The Italian Marxist and philosopher Paolo Virno was imprisoned in 1979 for his affiliation with the Red Brigades. The organization attempted to create a revolutionary state through acts of violent destabilization such as bank robbery. While in prison, Virno had ...
foundingdocuments
What Rights Do We Have?
July 23, 2014
The concept of "rights" was developed, in part, from the concept of "right" – correct, true – as used in the tradition of natural law ethics (concerning how we ought to act or not act because we are human beings). In time, a natural rights theory was produc ...
moving
Tax Inversion Freedom vs. Fiscal Berlin Wall
July 22, 2014
The Obama Administration has proposed its latest form of collectivist control over the American people. In a letter to Congress, U.S. Treasury Secretary Jack Lew has called for punishment and prohibition of any company that tries to move its headquarters overse ...
quietmicrophone
What the Media Won’t Report About Malaysian Airlines Flight MH17
July 21, 2014
Just days after the tragic crash of a Malaysian Airlines flight over eastern Ukraine, Western politicians and media joined together to gain the maximum propaganda value from the disaster. It had to be Russia; it had to be Putin, they said. President Obama held ...
un1
As Predicted, UN Calls for Decriminalization of All Drugs
July 19, 2014
The UN has now called for the decriminalization not just of marijuana but of other drugs as well, including so-called injectables. Our analyses are often correct, but in this case, we're a little surprised at how fast confirmation has arrived. The Economist inf ...
goodread
A Must Read This Summer for All Free-market Thinkers
July 18, 2014
Mark Tier's latest title, Trust Your Enemies: A Political Thriller, which I found to be an intensely compelling Libertarian ride, is his first foray into fiction, following upon his excellent nonfiction writing that I've enjoyed for years. Having known Mark for ...
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