“[Bitcoin]’s a bubble,” asserts Alan Greenspan — who, as chair of the US Federal Reserve, oversaw a 77.5% inflation of the US dollar. Greenspan asserts that “you have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it.” Somehow, however, he can stretch his…

Todo ano, nesta época, alguém do mundo libertário de direita, repetindo ritual obrigatório de Ação de Graças, faz voltar à tona a velha ladainha acerca de os Peregrinos, em Plymouth, quase morrerem de fome por causa do  “comunismo,” até direitos privados de propriedade e capitalismo os salvarem. Este ano, John Stossel (“Deveríamos Estar Agradecidos pela…

In Commonwealth, Michael Hardt and Antonio Negri observe that, because of network communications and radically cheapening production technology, capital accumulation is becoming “increasingly external to the production process.” But rather than working with this trend and exploiting the opportunities it offers, they argue, the Social Democratic approach is “to reintegrate the working class within capital.”…

I declare myself to be a capitalist and anti-capitalist, a socialist and anti-socialist, all at once. No, this is not my resignation of all use of politically descriptive terminology, and I am not declaring myself a moderate between two polar opposite camps. So how may I hold to each of these positions simultaneously? It is…

On the November 10 episode of the Stossel Show, libertarian commentator John Stossel had an exchange with anarcho-capitalist writer David Friedman on the possibility of “privatizing everything” (i.e. all government functions). When they got to military functions, their discussion shed considerable light on what “privatization” means to a lot of the libertarian Right. “Much of…

Each year at this time somebody in the right-libertarian world, reenacting an obligatory Thanksgiving ritual, drags out the old chestnut about the Pilgrims at Plymouth almost starving from “communism” until private property rights and capitalism saved them. This year John Stossel (“We Should Be Thankful for Private Property,” Reason, Nov. 27) gets the honors. In…

Sean Gabb, successor to the late Chris Tame as Director of the Libertarian Alliance, is very much a man of the Right: a composite of Burkean and Little Englander, roughly equivalent to the Old Right or paleolibertarians on this side of the Atlantic. In his critique of managerialism and the corporate state, however, he has much…

C4SS Fellow, Jason Lee Byas, joins the podcast team of Rachel, Eamon, and Mark of the The El Paso Liberty Hour. They discuss Market Anarchy, the Center for a Stateless Society and the Anarchist movement within Libertarianism. Check Out Politics Conservative Podcasts at Blog Talk Radio with Be First In Media on BlogTalkRadio  

The Lawrence, Kansas Journal-World‘s Peter Hancock writes that US Senator Jerry Moran (R-KS) finds Bitcoin “a difficult subject” (“Senator says ‘Bitcoins’ are challenge for regulators,” November 25th). And in certain respects Moran is correct. Encrypted digital currencies do imply a technical learning curve for users (and presumably for creators). It seems pretty obvious, though, that what…

In the airport-turned-town of Seatac, Washington, a ballot proposal to institute a $15/hour minimum wage clings to a narrow lead and faces a certain recount, while in Seattle a state socialist candidate has won election to the city council on a platform including a $15/hour minimum wage for the entire city. Across the United States,…

From the Markets Not Capitalism audiobook read by C4SS fellow Stephanie Murphy.

C4SS Senior Fellow and Lysander Spooner Research Scholar, Nathan Goodman, took part in and represented C4SS on the Salt Lake City, Utah, Trans-Pacific Partnership Welcoming Committee coalition and protest. Salt Lake Residents Resist the Trans-Pacific Partnership! Salt Lake City, UT November 19, 2013 Delegations from twelve national governments are meeting this week at Grand America…

Last time I was in my native Caracas, a couple of years ago, I was shocked by how ubiquitous cosmetic surgery had become among women. Since then, I have given some thought to the plausible origin of the trend and was surprised to find myself in agreement with what William Neuman’s recent piece for the…

Nothing like starting out your day with a laugh — and today I have Matthew Lynch (“12 Reasons Why Obama is One of the Greatest Presidents Ever,” Huffington Post, November 15) to thank for it. About half of Lynch’s points boil down to, “Obama is for x, because he makes speeches talking about x all…

Naomi Klein, to a casual reader, might seem to hate the free market. Or at least she hates what most people think of as the free market, based on the conventional use of that term by mainstream politicians and journalists. And the usual vulgar libertarian suspects (see here and here and here) have reacted with exactly the kind of by-the-numbers polemics you’d…

On November 13 Wikileaks published the leaked “intellectual property” chapter of the draft Trans-Pacific Partnership treaty. The IP section is a bundle of draconian provisions curtailing Internet freedom in the interest of protecting proprietary content industries like movies and music and imposing new restrictions on commerce to enforce corporations’ patent monopolies on genetically modified organisms…

Recentemente assisti a uma apresentação por Mark Hendrickson da Faculdade da Cidade do Pomar acerca do livre mercado e da Walmart. Na apresentação Hendrickson cobre em sucinto, mas informativo detalhe, como funcionam os mecanismos do livre mercado. Firmas que oferecem melhores preços no mercado subtraem clientes de outras firmas, e o resultado final é que novas empresas…

Amia Srinivasan has four questions for free-market moralists, specifically those who accept something like a Nozickian account of individual rights. My own take is more Rothbardian than Nozickian, but that still seems close enough to give her four answers, and to ask four questions in return about the assumptions that underlie her essay. Amia begins by asking: 1….

Michael Hardt and Antonio Negri. Commonwealth (Belknap, 2009). This third installment in Hardt and Negri’s trilogy, which began with Empire and continued with Multitude, is concerned mainly with the forms taken by the successor society emerging from the decaying corpse of corporate capitalism. This quote is as good a statement of the general theme as…

An October 20-22, 2013, Fox News national poll revealed that the implementation of ObamaCare (the Patient Protection and Affordable Care Act) by the American state has been so chaotic that 60% of registered voters characterize the process as “a joke.” The economic reasons for the incompetence are well known by libertarians familiar with the Austrian tradition…