Interventionism

Joseph Schumpeter famously predicted that capitalist society would be destroyed by its own success, and the recent student protests around the US are a sign he may have been right.

Watkins paints a very strong case against trolls, while pointing out some of their supposed benefits.

There were many state and local elections in the US this week, but few of them will result in anything that will combat widely held and popular errors about central banking, drug prohibition, and the global environment.

Farmers have been using monkeys to harvest coconuts in Thailand for hundreds of years. But now, animal rights activists have decided that these farmers should have their livelihoods destroyed in order to save the monkeys from "slavery".

The World Health Organization has declared that eating meat will kill you. But the WHO's war on meat is not really about your health. It's about "saving the planet" from the latest industry that has been deemed "unsustainable" by global elites.

Across the board drug decriminalization is coming and Ireland is next in line.

Without freedom in ideas and the profit motive, entrepreneurs will be unable and unwilling to spread the benefits of science across the globe, and countless advances will be doomed to obscurity, when they could be used to improve human life.

UPDATE: The fact that marijuana legalization ballot measure (Issue #3) failed in Ohio is not an indication that legalization is not supported by the people. It was because they rejected government monopoly of pot growing as shown in the victory in the passage of Issue #2 which bans such monopolies. Its a great libertarian victory overall.

To support free markets is to invite criticism on virtually every policy issue.

A real free trade agreement should be short and unilateral. It would then truly allow the market to bring about a pattern of international trade in line with the scarcity of resources and with entrepreneurial judgment about their most efficient international allocation. The TPP, on the other hand, was created to interfere with this pattern: to distort it for more political power or for more economic gain for some groups or others. It was created to take trade flows from the course prescribed by voluntary agreements and divert them into that prescribed by political agreements.