The United States has the highest incarceration rate of any country in the world, with 1 in 100 people behind bars. The prison population in America equals that of the cities of Los Angeles and Miami combined. This is an egregious form of statism. It’s time we stop ignoring this issue.

It is generally accepted that a government can enslave the citizens — unless it is a democratic government. Mistake!

Back in September, Bob Murphy described the “recovery” like this:

Let’s say you are running and then break a leg. You have to crawl now, but you develop that skill and are able to get from here to there. Are you in recovery from the accident? According to the NBER, yes — so long as you are crawling faster than when you first hit the ground in agony.

David Gordon has a great article up today on LewRockwell.com, Sam Konkin and Libertarian Theory, which devotes a good deal of space to discussing Konkin’s role in the anti-IP movement. David is absolutely correct here:

Konkin’s work on IP deserves at least equal recognition as his better-known defense of counter-economics and agorism; and, to the extent that anti-IP views come to prevail among libertarians, I predict that Sam Konkin will be a name we shall often hear.

As society is built on savings and accumulated capital, personal finance dictates that individuals live within their means and save for rainy days. However, author, inspirational speaker, and life coach John P. Strelecky counsels us to live each day like we are dying.

Strelecky says we don’t know what the future brings, so spend more time doing what you want. “Invest in you and the life you really want to live. Live your bucket list now,” he says.

We IP abolitionists are often accused of not favoring or proposing incremental change–of only wanting all or nothing. Nonsense. In my article “Reducing the Cost of IP Law,” Mises Daily (Jan. 20, 2010), I outlined several paths to real patent reform. Unfortunately modern patent reform proposals include almost no significant positive change (see Patent Reform is Here! O Joy!).

A Fed employee argues that inflation is harmless. I argue that it is a rip-off for everyone who uses dollars.

Most people say that a job is good for making money. So, if you don’t need money, what’s the point? The fabled English aristocratic class of the late 19th and early 20th century apparently thought that way, if the caricatures painted by Jeeves and Wooster, Brideshead, and the like have any truth to them. Their main job was getting dressed and undressed. It seems like young Americans are thinking the same way.