I am leery (2, 3, 4) of federal courts striking down even unlibertarian state laws, but I have no objection to the federal courts striking down federal laws that violate the federal constitution (however, I do accept Jefferson’s view that the Congress and President ha

British drivers may soon pay by the mile for their use of public roads in the U.K. According to this article, the British government is seriously considering the implementation of a system where individual vehicles would be tracked by satellites in order for individual road-use fees to be assessed.

In a front page editorial (Sunday June 5), thinly disguised as its lead news story, The New York Times has unknowingly provided a case study in envy and ignorance.

Just got back from a week in Paris, where inter alia I visited the gravesite of Gustave de Molinari, the 19th-century originator of free-market anarchism. For anyone planning a visit to Père Lachaise cemetery, Molinari’s grave isn’t on the official maps but I’ve posted directions for finding it here.

A few days ago, Hong Kong published first quarter GDP growth , with growth being a impressive 6% (although it is somewhat less impressive if one adjusts for a worsening terms of trade) higher than in just about all other rich countries something which might be related to Hong Kong being the freest economy in the world.

Question Authorities, Why it’s smart to disobey officials in emergencies:

During the late 90s, Greenspan claimed that stock market bubbles could not be identified while they were going on, only in retrospect, after they had burst. And in a twisted rendition of the efficient markets theory, Greenspan stated that any attempts by the Fed to manage asset prices would substitute the judgements of government planners for the informed decisions of millions of investors who had rationally and efficiently bid the stock prices up to ridiculous levels. The New York Times, for example, says “Mr.