There’s a certain kind of economic technocrat who tosses around the term “economies of scale” like a Young Earth creationist tosses around the Second Law of Thermodynamics. This is true of legacy liberalism, obviously, which is still defined by the mid-20th century mass-production paradigm of Joseph Schumpeter, John Kenneth Galbraith and Alfred Chandler. It’s also…

New research, published in the prestigious Proceedings of the National Academy of Sciences, reveals that a large fallout plume of oil from the 2010 Deepwater Horizon disaster in the Gulf of Mexico is deposited on the seafloor. This is a significant finding because this 2-million barrels worth of oil was originally thought to be trapped…

Ask the average person on the street what kills more Americans – choking yourself to get off or evil terrorists? I haven’t done this myself but I suspect the results would be tilted quite far to the “evil terrorist” side. And why wouldn’t they be? After all, America is engaged in an epic struggle against…

We already knew Joe Biden was a useful idiot for the “Green” (actually greenwashed) or “Progressive” wing of corporate capital, because of his indignation over the “theft” of “intellectual property.” He denounced “stealing” songs or movies as morally equivalent to a “smash-and-grab at Macy’s” — and in keeping with that belief has supervised FBI actions…

At The Washington Post, the Center on Budget and Policy Priorities’ Jared Bernstein argues that “the Federal Reserve can reduce inequality,” that by “using its interest-rate tools to keep the cost of borrowing down and signaling to the investor community that it is committed to keeping rates low, it can help to trigger job-creating activity.”…

The election season is upon us, and we’re hearing the usual political promises about raising wages. Democrats pledge to raise the minimum wage and assure equal pay for equal work for men and women. Republicans usually oppose those things, but their explanations are typically lame. (“The burden on small business would be increased too much.”)…

America leads the world. No other nation imprisons more people than we do. Over 2.2 million men, women, and children currently reside in penitentiaries; another 4 million are under criminal supervision. In the past forty years, the incarcerated population has increased by a factor of five. Billions of our tax dollars are spent maintaining prisons…

In a new article for Rolling Stone, “Inside the Koch Brothers’ Toxic Empire,” Tim Dickinson attempts to present the frequently demonized brothers Koch as essentially hardline libertarians, whose radical free market ideology is thoroughly mixed into their business philosophy and practices. We’ve all seen this article before. Liberal media outlets have made a whole industry…

I often hear people make casual remarks like, “Well, the State has a right to collect taxes,” “the State has a right to punish criminals,” or “the State has a right to controls its borders.” Inside, I am always somewhat horrified at how very easily these kinds of assumptions are made, at how obvious the…

According to Damon Linker, spontaneous order “might be the silliest and most harmful of all” libertarian ideas (“Libertarianism’s terrible, horrible, no good, very bad idea,” The Week, Sept. 26). He summarizes spontaneous order, popularized by Hayek in the 20th century, as the belief that “when groups of individuals are left alone, without government oversight or…

Parsing Political Divides in the Mainstream and in Anarchism CNBC describes the Corporate Perception Indicator as “a far-reaching survey of business executives and the general population from 25 markets,” “research firm Penn Schoen Berland survey[ing] 25,012 individuals and 1,816 business executives.” The results of the survey show quite unsurprisingly that the general public associates government…

At the Liberty Political Action Conference in Alexandria, Virginia, Ron Paul had a few words about libertarianism, the non-aggression principle and tolerance. He pointed out the two basic principles of liberty are non-aggression and tolerance, “we have to become quite tolerant of the way people use their liberty.” Much to the lament of self-identified “thin…

What would it be like if everyone loved everyone else? 10 out of 10 people agree, it’d be pretty fucking great. Unfortunately we are all, at this point, human. Our capacities to embrace each and every individual as a truly beautiful and unique creature are far beyond us. We also exist within social structures which…

The environmental movement may be larger than ever. On Sunday, September 21, the “People’s Climate March” flooded the streets of New York City. Estimates project an upwards of 400,000 people participated in the climate rally, with ten’s of thousands more showing solidarity in smaller demonstrations (significant in their own right – London was host to 40,000 people) across…

About the only thing A. Barton Hinkle gets right about the Industrial Workers of the World in “Meet the Left-Wing Extremist Running for U.S. Senate” is not calling them the “International Workers of the World”. Although at least Reason likening the “Wobblies”, whose founding antedates the Russian Revolution by over a decade, to “warmed-over Lenin” is not the…

A day on which everyone can remember where they were is seldom a good memory. On September 11, 2001 we added another day to that list of days we’d rather forget. I was in an optimistic frame of mind when my radio alarm woke me that morning. My first real print publication, the pamphlet “Iron…

With the United States on the verge of another war in the Middle East — or is it merely the continuation of a decades-long war? — we libertarians need to reacquaint ourselves with our intellectual heritage of peace, antimilitarism, and anti-imperialism. This rich heritage is too often overlooked and frequently not appreciated at all. That…

Right after the economic crisis the country went through over ten years ago, which reached its climax in 2001, Argentina bounced back and entered a period of relative prosperity due to favorable foreign trade conditions. Nevertheless, the situation of the average Argentine worker remains the same as it has been for hundreds of years: their…

As many in the libertarian community already know, Overstock CEO Patrick Byrne recently unveiled a plan to build a revolutionary new model of finance on the back of the old financial system. Namely, by creating a Bitcoin equivalent of the New York Stock Exchange in hopes of eventually replacing Wall Street entirely with a crypto-security trading system…

Like many libertarians, I’ve learned a lot from Murray Rothbard on a wide variety of subjects. Of course, no one gets everything right, especially someone as intellectually ambitious, multidisciplinary, and prolific as Rothbard. Nevertheless, reading the work of the man who left such a mark on the modern libertarian movement is as profitable as it…