Featured
Nineteen years ago, just outside Waco, Texas, the FBI demonstrated once again that the state at its core is a killing machine. Monarchy, democracy, or republic – any government as conventionally defined is a legal monopoly on violence. The state is always inclined toward oppression, division, conquest, and bloodshed, because ...read more
Despair and the State
Apr 18th, 2012 | By Jeffrey Tucker | Category: Economics, Featured, Politics
Life is hard enough on its own. Government makes it harder.
I think back to the old Soviet days, which to me typify what it means for a society to be entirely under state control. The government put out a magazine called Soviet Life, and it was filled with pictures of ...read more
Services Rendered (But Not At Gunpoint)
Apr 17th, 2012 | By Eric Peters | Category: Featured, Politics
Most people "get" that their ability to decline a service or product serves as an incentive. The seller of the service or product must convince you that the service or product is worth at least as much as the money they are asking in return. If not, and you decline, ...read more
Time To Pay Your Taxes, Slaves
Apr 16th, 2012 | By Jeff Berwick | Category: Featured, Politics
As an expatriate PT (Permanent Tourist or Prior Taxpayer) I legally do not have to pay income taxes. Nearly a decade ago when I lived in Canada and complained about the socialist government and the taxes many brainwashed government lovers would tell me, "if you don't like it, leave."
I happily ...read more
Regulators Take on the e-Book
Apr 13th, 2012 | By Jeffrey Tucker | Category: Featured, Politics
Today's papers are filled with the news that the government is taking on the e-book market. That can't be good news. Given the long history of anti-trust, they will make a big mess of what is a wonderful emerging market with a new technology.
And get this: The federal bureaucrat who ...read more
Healthcare Solution: Go Back to Cash
Apr 12th, 2012 | By Charles Hugh Smith | Category: Economics, Featured, Politics
The expansion of health insurance and government entitlements created "free money" and thus the explosion of healthcare costs. The solution is simple and "impossible": we all pay cash.
Here's why healthcare (a.k.a. sick-care) costs cannot be reduced; the entire system is based on vast pools of "free money": The corporate-America or ...read more
Anti-Authoritarianism Starts Within
Apr 11th, 2012 | By Eric Peters | Category: Featured, Politics
Mainstream "conservatism" gets no traction because it's often so obviously hypocritical. It provides the shells necessary for the authoritarian opposition (they like to call themselves "liberals," which is sort of accurate in that they are very liberal with other people's money) to shellac the conservatives at will and make them ...read more
Many Austrians Are Wrong About Peak Oil Theory
Apr 10th, 2012 | By Whiskey Contributor | Category: Economics, Featured, Oil
Time and again I read Austrian School economists dissing Peak Oil Theory. They likely do this because they have not taken the time to fully understand the theory behind peak oil. Instead, they get caught up in the doom and gloom predictions made by many proponents of Peak Oil Theory ...read more
When Government Safety Nets Break
Apr 9th, 2012 | By Gary North | Category: Economics, Featured, Politics
The West's governments are going to default, one way or another. Politicians cannot bring themselves to stop spending money the governments do not have.
The deficits of the major Western governments are now so great as to be irreversible. The governments must now borrow money to be used to pay interest ...read more
The Market That Really Matters
Apr 6th, 2012 | By Jeffrey Tucker | Category: Commodities, Currencies, Featured
Would You Like a Beer With That Haircut?
What if we had the following economic system?
This system would shower the globe with free goods day and night, asking nothing and giving nearly everything. Most of what it generated would be free goods, and every living person would have access.
Anyone who amassed ...read more

