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A Free Market in Medical Services
There are two directions for the reform of the U.S. medical services systems. One is towards welfare statism, the control of the medical system by the federal government, and the other is towards...
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FDR, Uncle Fred, and the NRPB
In Ayn Rand’s epic novel Atlas Shrugged, government officials regulate the economy through something called the Bureau of Economic Planning and Natural Resources. She clearly chose that name to reflect...
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Free Banking Beats Central Banking
In “More Bits on Whether We Need a Fed,” a November 21 Marginal Revolution blogpost, George Mason University economics professor Tyler Cowen questions “why free banking would offer an advantage over...
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Cyprus, the EU and Competing Currencies
There have been many critiques over the European Union from many different quarters over the decades since its inception. With the seizure of cash from customers of banks in Cyprus, the worst threat...
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Has Foreign Affairs Been Reading NOL?
Hello all, I signed up for a pretty challenging final quarter here at school, so my postings will probably be scarce for the next two or three months. It seems Foreign Affairs, one of the more sober...
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Moral Markets and Immoral “Capitalism”
[Cross-posted at the Foldvarium] The question, “Is capitalism moral?” was raised by Steven Pearlstein in a 15 March 2013 article in the Washington Post. He is a professor of public and international...
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Libertarian IQ
I recently stumbled across an old essay from the early 1990s written by a libertarian activist that is absolutely fascinating. The activist is a computer scientist currently at the University of...
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See the Cat: The Heart of Economics in One Story
A man was walking down a shopping street and came to a store window where there was a big drawing full of lines and squiggles. A sign by the drawing asked, “Can you see the picture?” All the man could...
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Ham-Fisted Coercion and Incompetence versus the Invisible Hand of Self-Interest
A Tale of Two Hands I came across Gary Galles’ recent article in The Freeman about Leonard Read’s analogy of government coercion as a clenched fist, “The Clenched Fist and the General Welfare.” I see a...
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Duckshit and Bullshit in Santa Cruz, California.
[Cross-posted at Facts Matter] Today, interestingly right before Memorial Day, thousands of residents of Santa Cruz are hiding their faces like a bunch of old nuns who would have caught sight of a...
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Clean B****oles Becoming A Rarity in Socialist Venezuela
I know this has been making the rounds in the blogsophere, but it’s still worth highlighting: Venezuela is facing shortages for a number of basic consumer goods, including toilet paper. Naturally, the...
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Liberalization in India, and NOT Just in Markets
Shikha Dalmia, of Reason, has a new piece up in the Wall Street Journal on India’s harassment problem: I’ve never met an Indian woman—rich or poor, upper or lower caste, pretty or homely, young or...
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Cognitive Blocks and Libertarianism
Last year Brian Gothberg, who was lecturing at a summer seminar I attended in 2009, left the following comment in response to a post about media coverage and Austrian economics: I think there’s a...
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I’m Done
Whew. Finals are over. Expect a lot more from me over the next little while. Nothing tonight, of course (I’m gonna sleeeep), but more is coming. Thanks for all of your thoughtful comments and...
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Edward Snowden is a Commie
So says Max Boot at Commentary, a neoconservative publication that specializes in lies and slander to further the imperialist cause (there is, if you think about it, no other way to further a cause...
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Internal Revenue Service Even Handed After All
[Cross-posted at Facts Matter] Liberal commentators in all media and even on this blog have been eager to announce that the IRS was an equal opportunity offender between Left and Conservative groups...
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Subsidy and accreditation
I’m working on a paper on subsidy and accreditation of post-secondary schooling and the Chronicle of Higher Ed, conveniently, posted an article on the City College of San Francisco’s upcoming loss of...
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Would A Libertarian Military Be More Lethal?
This is the question that military attorney David French asks and answers over at National Review: I’m noticing military libertarianism increasing, not decreasing, among the more politically aware and...
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Towards World Peace: Free Trade Edition
Evgeniy’s most recent piece ends with a question that I think goes unasked way too often. He writes: Мне вот интересно, как борются с предрассудками среди населения в других странах? [I've been...
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Around the Web: The Failure of Detroit and the Demagogue of Vienna
Ilya Somin argues that Detroit’s aggressive use of eminent domain needs to be incorporated into any discussion of Detroit’s failure (be sure to read through the ‘comments’ section, too). Richard Wolff...
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