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.”…

October marks another productive month for C4SS. Maybe not as productive in quantity, but certainly in quality. C4SS is a media center and think tank: we focus on crafting editorials for mass media reproduction (over 2000 reprints, and counting, documented) and academic level studies. Each month we invest more and more into book reviews and studies….

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.”)…

Paul Krugman, in denouncing the excessive market power of Amazon (“Amazon’s Monopsony is Not OK,” New York Times, October 19), proclaims that the Robber Baron Era ended when “we as a nation” put an end to it. There’s a powerful story in the book of 2 Samuel about the prophet Nathan confronting King David after…

If you accept your enemy’s conceptual categories, you’re apt to wind up with a badly framed debate in which both sides are unsatisfactory. Jeff Madrick’s article “Our Misplaced Faith in Free Trade” (New York Times, October 3) clearly demonstrates this. The corporate state and its stooges in both major political parties and the commentariat are heavily…

It’s no secret that economists and libertarians have developed a bad habit of assuming things about history and other societies on first principle without actually checking archaeological or anthropological findings. On occasion the divide can be quite stark. David Graeber’s Debt: The First 5000 Years gets a lot of momentum by attacking a widely circulated…

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…

Big is not beautiful when it comes to economics. This is the key message of Kevin Carson’s “Industrial Policy: New Wine in Old Bottles“. His essay makes compelling arguments in favour of an anarchist society based on small-scale community manufacturing, peer-to-peer production and decentralised production. Carson sets out the ways in which the state concentrates economic…

“It takes money to make money.” An old, oft-repeated saying, it is certainly true enough as a statement describing the functioning of capitalism. The idea is that once one possesses capital, she can loan it to others for interest or rent, or else invest it in some productive enterprise to earn profits, sitting back and…

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…

Burger King’s announced purchase of Canadian fast food chain Tim Hortons, and its plans to relocate its headquarters to Canada to take advantage of the lower corporate income tax rate, were followed by predictable liberal cries of outrage over BK’s lack of “patriotism.” It’s “unpatriotic,” critics say, for the company to take advantage of taxpayer-funded…

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…

In early September, Reuters reported on a new Federal Reserve survey showing widening wealth and income gaps in the United States. “All of the income growth,” Reuters reports, “was concentrated among the top earners …  with the top 3 percent accounting for 30.5 percent of all income.” The Fed survey will no doubt disconcert those…

Pope Francis’s remarks on poverty, inequality and capitalism — most recently at his open air mass in Seoul — don’t sit well with many conservatives and right-leaning libertarians. The Pope’s remarks include criticism of growing economic inequality and a call to “hear the voice of the poor.” Among those who take issue with the Pope’s statement is…

Introduction to the C4SS Edition of Fields, Factories and Workshops Tomorrow Kevin A. Carson Download a PDF copy of The C4SS Edition of Kropotkin’s Fields, Factories and Workshops Tomorrow. This book is actually a heavily abridged version of Kropotkin’s Fields, Factories and Workshops, edited by Colin Ward with a lot of his commentary thrown in….

At Slate, Will Oremus raises the question “What if technological innovation is a job-killer after all?” (“The New Luddites,” August 6). Rather than being “the cure for economic doldrums,” he writes, automation “may destroy more jobs than it creates”: Tomorrow’s software will diagnose your diseases, write your news stories, and even drive your car. When…

In an article that will no doubt make “progressive” hearts go pitty-pat (“The 1% May Be Richer Than You Think, Research Shows,” Bloomberg, August 7), Jeanna Smialek suggests that top 1%’s wealth is far greater even than official statistics indicate — and that because so much of that wealth is hidden in offshore tax havens government efforts to…

In Why the Rich Tolerate Being Looted Jeffrey Tucker argues the rich today act differently than they used to. They wear common clothing, avoid luxurious houses and cars, and even call for higher taxes on themselves. Tucker explains this new phenomenon by drawing upon an essay by Peter Leeson and says, “Property rights are weak today… The…

Critics of libertarianism on the Center-Left sometimes depict it as a radical ideology that would turn upside down everything we know — a doctrine of such thorough-going change that the critics are compelled to ask “what society in human history was ever organized along libertarian lines?” Not so! Nick Gillespie (“Why an 1852 Novel by…