Friday, April 30, 2010

TGIF: Financial Regulation and the "Money Power"

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In one of his essays criticizing inflationary free-silver proposals in the late nineteenth century, the great laissez-faire champion Wi...
1 comment:
Thursday, April 29, 2010

Markets and Correction of Error

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If money can be made bucking market trends (shorting, etc.), people will have an incentive to uncover, correct, and limit the damage f...
Tuesday, April 27, 2010

Thoughts on Goldman Sachs

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See addendum below. Goldman Sachs is taking a beating in the press because a Senate committee and the SEC are investing whether it engaged ...
3 comments:

One Last Time: Markets Don't Ration!

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The Wall Street Journal takes Donald Berwick, likely the next Medicare chief, to task for saying, “The decision is not whether or not w...
4 comments:
Monday, April 26, 2010

Abolish This Derivative

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The most threatening derivative is overlooked in Washington: the power Big Finance derives from the State.
2 comments:
Saturday, April 24, 2010

Another Day in the USA

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GM gets kudos for repaying a government loan with other taxpayer money. The governor of Arizona signs a bill that requires immigrants to car...
Friday, April 23, 2010

TGIF: The Washington-Wall Street Kabuki Dance

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There’s something eerily ritualistic about the current occupant of the White House berating Wall Street for its irresponsibility and propo...
2 comments:
Tuesday, April 20, 2010

TGIF: Is Capitalism Somethng Good?

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The question concerning the relationship (if any) between the free market and capitalism can be addressed at many levels. Let’s start with ...
2 comments:
Thursday, April 15, 2010

Happy Birthday, Thomas Szasz

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Thomas Szasz, the great champion of liberty and critic of what he has dubbed the "Therapeutic State," is 90 today. For the last 50...
6 comments:
Saturday, April 10, 2010

TGIF: Obey the (Natural) Law

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This week's TGIF explores Lysander Spooner's thinking on the natural law and its relationship to legislation.
Thursday, April 08, 2010

Where's the Outrage?

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From Glenn Greenwald on Obama's assassination program : George Bush's decision merely to eavesdrop on American citizens without o...
1 comment:
Wednesday, April 07, 2010

Nation Building in Iraq

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These videos of what surely looks like U.S. cold-blooded murder in Baghdad in 2007 have been widely distributed. Included among the victims ...
13 comments:
Sunday, March 28, 2010

Good Sense about Property

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I highly recommend Less Antman's essay on property here . A teaser: I believe that property is a problem solver, a useful tool for achi...
11 comments:
Friday, March 26, 2010

Block Strikes Again

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Walter Block's latest commentary on my views on "capitalism" is here . I have nothing else to say.
9 comments:

Alarmism or Realism?

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A standard charge against opponents of the medical insurance overhaul is that the dire predictions are nothing but alarmism. The argument i...
1 comment:

What's Sauce for the Goose...

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Supporters of Barack Obama’s pro-industry health insurance overhaul are absolutely right to condemn the ...
Saturday, March 20, 2010

Block Says Yes to Capitalism

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My old friend Walter Block (we've known each other about 40 years) has written a rebuttal of my views on the value, or lack thereof, of...
4 comments:
Wednesday, March 17, 2010

Tea Party Disconnect?

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Someone had done his homework, but it wasn't Dick Armey. Dana Milbank of the Washington Post reports : A member of the [National Press ...
Friday, March 12, 2010

Corporate Land Grab in Africa

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Much of the modern world has been shaped, alas, by governments' grabbing land from peasants and yeomen, whose families had worked it fo...
9 comments:
Thursday, March 11, 2010

Op-ed: Is Greece the Future of America?

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It may be possible to look into America’s future. How? Watch what’s going on in Greece. My latest op-ed is here .