Thomas DiLorenzo of The Ludwig von Mises Institute and author of the forthcoming book Hamilton’s Curse: How Jefferson’s Arch Enemy Betrayed the American Revolution–and What It Means for Americans Today appeared on MSNBC’s Morning Joe to discuss both his upcoming book and what’s wrong with the banking system in the United States: An interesting hypotheses to [...]

Dow Plunges 600 Points to Below 10,000 Wow, good thing we passed that bailout. The market is very pleased!

“America is not a military. America is not an economy. America is freedom, liberty and the job of the commander-in-chief should be simply and prudently to protect, defend and move forward freedom,” Bob Barr, Libertarian Party candidate for President of the United States H/T: Liberty Maven

Cont’d from Part 1 What motivates these very nice people to be such tyrants? Some will vote in ignorance of the issue* and others out of a sense of ‘social justice.’ Very few will intentionally vote to take liberty or property from a fellow citizen; most will vote to do so out of a well [...]

Let’s face it: no matter who you vote for president in this election, it is highly unlikely that your vote will be decisive. It does not matter how much time you invest studying each candidate, the votes cast by those who do not make an effort to inform themselves will count the same. The good [...]

The always thought provoking Cory Doctorow has a new book out, Little Brother.  I highly recommend it, even though I think he is very wrong on numerous points.  You can download it for free at the link above. It is very difficult to write a political novel.  I should know, I’ve started 3 or 4 [...]

Well, it’s been quite a week. On Monday, the voices of those opposed to further government intervention in the economy scored a surprising victory when the House of Representatives voted the proposal down. That victory was short-lived, however, because only two days later the Senate, after adding a bunch of pork to the House’s crap [...]

One of most prominent no votes against the Paulson-Bernake bailout bill on Monday came from John Shadegg of Arizona, who is number 5 in the House Republican leadership. Now, it appears that Shadegg has caved and will vote yes on the bill later today: Rep. John Shadegg (R-Ariz.) signaled Wednesday that changes being discussed for [...]

Here is a great compilation of the media appearances that various scholars from The Cato Institute have been making all over the media during the past two weeks making the case against the bailout: H/T: Tom Palmer

Hey, folks, as most of you know (or can tell), there are no ads on this site. It’s not something that we as contributors are expecting to make income from, and in all honesty, I want it to remain as non-commercial as possible. However, my wife and her sister have just launched a brand new [...]

Yes, Doug already posted one quote of the day, and I’d usually want to push this one off until tomorrow. But this one from Tim Cavanaugh at Reason is just too good. The topic is the bailout. The implications are far wider: The bright spot in the bailout argument is that the public—as it does [...]

From the Cato Institute’s Daniel Mitchell: If investors put money into a well-run company, they can increase their wealth. But if they put their money into a poorly run firm, the opposite can happen. In other words, market forces encourage people to make smart decisions so they can prosper. But it is equally important that [...]

Which provision of the Constitution, propertly construed, authorized the Federal Government to do this: WASHINGTON — Congress has passed legislation that will require the government to keep closer tabs on who has access to the Internet and who does not. Supporters hope the Broadband Data Improvement Act will help policymakers better identify areas of the [...]