that a small part of the federal tax code exceeds Congress’s power to lay income taxes under the Sixteenth Amendment.

Robert Samuelson verges on Austrian cycle theory—without knowing it, of course.

One area that could receive more attention from libertarian theory is international law. On occasion I’ll see some crank libertarians rail about international law, and this always puzzles me.

In 1977, Lew Rockwell was the editor of Private Practice, a journal of medical economics. That year, he put together three teams of speakers to present evening seminars for physicians in three dozen cities. The teams made the case against tax-funded medicine.

On each team was a physician from Canada, one from England, and maybe one from Australia, each with horror stories to tell on the practice of medicine under tax-funded medical health care delivery. There was also an American physician and one non-physician. As I recall, there was also a Congressman.

The following adds to my previous post about what Böhm-Bawerk says concerning the explanatory role of cost of production in Austrian economics. The quotation is from his essay “Value, Cost, and Marginal Utility,” (trans. George Reisman, Quarterly Journal of Austrian Economics, vol. 5, no. 3, pp. 43-44).

[This article is excerpted from Part V of The Anti-Capitalistic Mentality.]

I had the great pleasure of spending about 10 hours during Mises University in private interviews with many of the faculty members. If you subscribe to the Mises podcast, you have probably already heard them. If you don’t, you can access them individually. I hope you like what turned out! At least three people who opinions I respect said very nice things about the results.

If you want to know about lifting people out of poverty, study Wal-Mart.

That’s how the Washington Post describes the FBI’s new software,the Virtual Case File (VCF), which cost the agency $170 million. Come to think of it, 730,000 lines of unusable code is a pretty good description of the whole government. In any case, the agency still has no viable alternative to its paper files. Or there’s Google.

The brilliant and erudite Belgian libertarian legal theorist Frank Van Dun has a powerful, rich and provocative draft article: Comment on R.P.Murphy’s & Gene Callahan’s Critique of Hans-Hermann Hoppe’s Argumentation Ethics. It’s a response to recent criticism of Hans-Hermann Hoppe’s argumentation ethics.