Free Market

University students are going berserk again. No, they are not swallowing goldfish, going on panty raids or stuffing themselves into phone booths, the excesses of a bygone day (the first two are now politically incorrect, and what with modern technology there is nary a phone booth to be found). Nor are they taking over deans' offices and entire college campuses in the name of stopping their institutions from buying real estate in surrounding poor communities. Nor, yet, at the moment, are they protesting in favor of the environment, or bashing free trade, other favorite activities of theirs. What, then, you may ask, are they up to nowadays? They are insisting that the university logo t-shirts and baseball caps sold in campus stores not be manufactured under sweatshop conditions, nor with contributions from child labor.

The technology is Now Available that would allow your grocery store to track the movements of customers across the store using the distinct infrared signature of each individual. By linking the data with information at the checkout counter, the purchasing habits and meanderings of each person could be analyzed.

Americans are concerned about the rising cost of pharmaceutical drugs. This has drawn the attention of writers, politicians, and others who have attempted to deal with the issue in typical fashion by advocating the use of government force to implement their plan.

It was a revolting display to see the bureaucrats at the Justice Department cheer Federal Judge Thomas Penfield Jackson's decision. Many of these people didn't even know how to get around the web twelve months ago, and now they are making decisions for millions of consumers and threatening to smash the company that democratized information. The government, driven by power-lust and fueled by the envy of Microsoft's competitors, is happy to jam a crowbar into the wheel of commerce.

Until a few months ago, the sum of my experience with Latin America had been a few trips to border cities like Juarez, Nogales, and Tijuana. Beyond that, I had to depend upon Dan Rather, the New York Times, and various social activist groups to find out what was true about life South of the Border. All had a sad story to tell.

Fifteen years ago, Murray N. Rothbard wrote a piece on the most prevalent economic errors of that time. What are the great economic errors alive today?

E.O. Wilson of Harvard University is among the world's most esteemed biologists. An authority on ants, he has won two Pulitzer Prizes and coined the term "sociobiology," outraging his peers by suggesting that human behavior has some relation to human nature. Sadly, these triumphs seem to have inspired him to lay down the law on everything—a trend that culminated about a year ago in his book Consilience, which purports to unify all branches of science, religion, ethics, and art into a recipe for human happiness.

Like a man who douses a large pile of rags with gasoline and then warns of a fire hazard, Fed Chairman Alan Greenspan has begun issuing dire warnings of impending inflation after orchestrating several years of explosive monetary growth.

When one thinks of "death by government," either those killed by armed members of the state or the millions who have perished in the vast gulags and prisons run by governmental agents usually come to mind. However, government has demonstrated far more creativity in eliminating people than just by shooting or starving them to death. It also has successfully drowned them while destroying property to the tune of billions of dollars. Here are a couple of horror stories.

The good news that tax audits and property seizures are down obscures a more important point: by slow degrees, step by step, the tax man in America has gained total control over everyone's economic life.