Limited vs. unlimited jurisdiction

Which has more power, the tax collectors or the courts? Consider:

Sometimes when the IRS loses in court, it announces that it isn’t going to follow the court’s decision. That may sound like the height of hubris. But since the IRS operates nationwide and most courts have limited jurisdiction, the IRS can choose to keep fighting elsewhere, even if the court decision is binding in one place.

FORBES

ACTA, Executive Agreements, and the Bricker Amendment

For months now we’ve warned that the Anti-Counterfeiting Trade Agreement (ACTA) was on its way to being approved. This agreement is intended to strengthen international patent and copyright protection and to fight piracy and counterfeiting–for example, by imposing on other countries American DMCA-style provisions that prohibit technology that can be used to “circumvent” DRM technologies.

In Defense of Flash Trading

As society and technology progress, the instantaneous sharing of knowledge and information is not something to fear but to celebrate. In a world where capital moves at the speed of light, flash trading ensures that resources will continue to meet more deserving hands and be put to more efficient use.

Employment and Prosperity in the Voluntary Society

My wife and I just got back from looking around at yard sales and thrift stores. One thing that always strikes me when we do things like this is the mismatch between the problems of the world’s wealthy and the problems of the world’s poor. The poor are dying for lack of material comfort–food, clothing, and shelter. Meanwhile, those of us in the West are looking for ways to rid our houses of surplus junk and our waistlines of surplus inches.

Syndical Syndrome

[From the Libertarian Forum, June 1971]
 

New Yorkers have recently had to suffer yet another irresponsible blackjacking at the hands of power-drunk labor unions. This time it was the bridge tenders and garbage-incinerator workers who, angered at the state legislature’s balking at their receiving pensions that no private industry could afford, took their frustrations out on an innocent public by not only striking but sabotaging traffic facilities.