Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

March 2, 2009

The Root of the Mexican Drug Cartel Violence Spillover Into the U.S.

For those of you who believe that Libertarians focus too much on the War on (Some) Drugs, perhaps it’s time to pay attention to the escalating violence in Mexico which is spilling over into the U.S. PHOENIX (Reuters) – Hit men dressed in fake police tactical gear burst into a home in Phoenix, rake it […]

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February 20, 2009

Václav Klaus Addresses the European Parliament

Václav Klaus gave a speech that U.S. politicians would do well to listen to: The citizens of the Czech Republic feel that the European integration has an important and needed mission and task. It can be summarized in the following way: – removing unnecessary – and for human freedom and prosperity counterproductive – barriers to […]

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February 17, 2009

“How bad is it going to get?

Yesterday, a reader wrote me and asked: “I have been wondering how bad the current economic “crisis” will get. Depending on who I talk to I have been told everything from “this is simply part of the normal cycle of economics” to being told to invest heavily in ammo” Ok, here’s my take on it. […]

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February 3, 2009

Managing to Fail

The alarmist, emotionally manipulative tone, and shallow nature of this report offends me; but I have to say, if anything, the picture they paint of DHLs operations is actually nowhere near bad enough. They’re only focusing on the impact of the closure here without ever asking why. I know from the inside. I was a […]

Posted By: Chris Byrne @ 11:30 pm || Permalink || Comments (5) || TrackBack URI || Categories: Dumbasses and Authoritarians,Economics,Free Trade,Politics,Socialism
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January 29, 2009

Obama For Pittsburgh Steelers and American Steel

From the USA Today: There’s no more doubt: President Obama says he’s rooting for the Pittsburgh Steelers in Sunday’s Super Bowl. “I wish the (Arizona) Cardinals the best,” the president told reporters at the White House, “but I am a long-time Steelers fan” and a friend of the Rooney family that owns the team. And […]

Posted By: Brad Warbiany @ 2:04 pm || Permalink || Comments (2) || TrackBack URI || Categories: Free Trade,Humor
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January 22, 2009

No, No, Not Roquefort!

Some midnight regulations need to be rolled back, and quickly: The quintessential French blue cheese found itself the unlikely focus of a trade war after the Bush administration took punitive action for the European Union’s ban on imports of US hormone-treated beef. America imposed a 100 per cent import duty on a long list of […]

Posted By: Brad Warbiany @ 4:31 pm || Permalink || Comments (2) || TrackBack URI || Categories: Foreign Affairs,Free Trade,Taxation
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January 13, 2009

Why Is This Upbeat News?

So, reading an article about weak earnings and Wall Street’s concern over what January will bring, do you get the sense that this was thrown in there without thought? There was some upbeat news. The Commerce Department said Tuesday that the trade deficit fell to its lowest level in five years. The deficit narrowed 28.7 […]

Posted By: Brad Warbiany @ 1:57 pm || Permalink || Comments (1) || TrackBack URI || Categories: Economics,Free Trade,Media
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January 11, 2009

Another Permanent State of Emergency

Many people have expressed a hope that Barack Obama will be an improvement over George Bush and that he will roll back some of George Bush’s excesses.  They see in Obama a man who understands nuanced argument, who at least acknowledges that those who oppose his policies can have good reasons and arguments for doing […]

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December 19, 2008

A Primer on Money

Money is critical to civilization. Without it, the capital improvements and complex economic processes are impossible, and there will be a very weak form division of labor. Money allows humanity to rise above the savagery of stone age existence. Yet most people don’t understand what money is, how it is created and how it can […]

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December 10, 2008

Pricing And Politics

I firmly believe that many political problems are born of the average Americans inability — and unwillingness — to try to think and understand the world around them rather than accept conventional wisdom. This is clearly evident in peoples’ lack of understanding of pricing; it is disturbingly evident in the political policies they seek as […]

Posted By: Brad Warbiany @ 7:05 am || Permalink || Comments (7) || TrackBack URI || Categories: Economics,Free Trade,Government Regulation,Theory and Ideas
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December 7, 2008

Why Nationalization Damages Liberty and Prosperity

Many progressives are looking forward to increased government oversight over the auto industry. They see this as a chance to influence the types of vehicles that are produced and to dictate that production be turned to socially beneficial uses, including the manufacture of green cars that auto manufacturers are not manufacturing. These vehicles are not […]

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December 4, 2008

Roubini Advocates Nationalization Of Auto Industry

You know, Nouriel Roubini is smart. I’ve long believed that we should never treat those in opposition* like dullards, because that leads to sloppiness in fighting them. But I just don’t know how a smart person — an economist — can advocate the nationalization of our auto industry with a straight face. “We’re spending $2 […]

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December 1, 2008

Oil Is Too Cheap

No, not for the reason these guys think: Venezuela will back repeated cuts in OPEC oil production until prices stabilize, Oil Minister Rafael Ramirez says, and Russia is proposing closer cooperation with the oil cartel. Ramirez said Wednesday that his country will back a proposed 1 million barrel per day cut when OPEC meets Saturday […]

Posted By: Brad Warbiany @ 12:11 pm || Permalink || Comments (7) || TrackBack URI || Categories: Credit Crisis,Economics,Energy Policy,Free Trade,Monetary Issues
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November 15, 2008

IEEE and U.S. Hegemony

In IEEE‘s flagship magazine, Spectrum, there is a fairly idiotic editorial warning Europeans against buying natural gas from Russia. Why can’t the European Union just adopt a strategy of energy independence and wean itself from Russia and the “stans”? Of course, there is no way for Europe to be “independent” with respect to natural gas. […]

Posted By: tarran @ 9:55 am || Permalink || Comments (2) || TrackBack URI || Categories: Energy Policy,Free Trade,Non-Intervention
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November 13, 2008

Credit Crisis News — Pay Attention This Weekend

Over the last few months, I’ve been trying to devote time to the credit crisis and bailout. Unfortunately, the news cycle is often so short that it’s difficult to keep up. Today I was lucky to be able to catch the bailout modification. With the busy times ahead, though, there’s something that needs to be […]

Posted By: Brad Warbiany @ 12:25 am || Permalink || Comments (3) || TrackBack URI || Categories: Credit Crisis,Economics,Foreign Affairs,Free Trade,Monetary Issues
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November 3, 2008

Third Party Debate

The City Club of Cleveland extended an invitation to the top six presidential candidates*. Of the six candidates, Libertarian Party candidate Bob Barr, Constitution Party candidate Chuck Baldwin, and independent candidate Ralph Nader participated; Democrat Barack Obama, Republican John McCain, and Green Party candidate Cynthia McKinney were no-shows. Unlike the debates we have already seen […]

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October 28, 2008

One Congressman Stands Up For Sanity

Ed Schafer, US Secretary of Agriculture, seems to think we need to bail out the ethanol industry: Agriculture Secretary Ed Schafer’s statement on Oct. 17 that the U.S. Department of Agriculture could provide ethanol companies that got into trouble by speculating on corn with up to $25 million per company in refinancing has caused a […]

Posted By: Brad Warbiany @ 10:53 pm || Permalink || Comments Off || TrackBack URI || Categories: Credit Crisis,Economics,Energy Policy,Free Trade,Government Regulation,Government Waste
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October 23, 2008

Don’t Forget to Study Before the Final!

I just received my mail-in ballot a week or so ago. The ballot, with multiple choices with arrows to be filled out next to each choice, reminds me of taking standardized tests back in the day. Some tests were easier than others but I knew that if I did not study, one of two things […]

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October 20, 2008

Is Free Market Medicine Heartless?le

Recently I had an interesting conversation with someone who leveled the following accusation: “You libertarians don’t care if people die from lack of medicine, or if someone can’t afford a doctor.  Libertarianism is the freedom to die from a cold while the doctor who could treat you is doing a checkup for a rich guy […]

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September 25, 2008

The Global Financial Margin Call

Leverage: 4. the use of a small initial investment, credit, or borrowed funds to gain a very high return in relation to one’s investment, to control a much larger investment, or to reduce one’s own liability for any loss. For an investor, margin is a blessing and a curse. When you’re trading on margin, your […]

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