The political project of the euro is in deep trouble. Governments have pledged three-quarters of a trillion of our euros to put out the debt-crisis wildfire, yet interest rates on troubled sovereign debts are even higher than before the announcement of the bailout.
Is the US-NATO war in Libya all about "protecting civilians"? Apparently not.
Bellikoth Ragunath Shenoy was born in 1905 in the village of Bellikoth, near Mangalore, in the southern Indian state of Karnataka. He became a hugely influential proponent of Hayekian theory and policy. He is sadly neglected today.
Block cleared away the irrational, inchoate underbrush of my own thought.
Why the sudden pressure against drug prohibition? It is a burden on taxpayers. It is a burden on government budgets. It is a burden on the criminal-justice system. It is a burden on the healthcare system. The economic crisis has intensified the pain from all these burdens.
Mathematics quite often bamboozles people into accepting very silly arguments.
The state wants regress, and it is giving it to us good and hard.
Mexico is rapidly withering. Its very life is being siphoned off by a hopeless war on illegal drugs.
