Switzerland Still Cherishes its Traditional Neutrality
Smugglers: True Heroes of Liberty
Economic Status Report: AI and the Fed
Governments Hate Privacy Software
On May 14, Alexey Pertsev, one of the lead developers of Tornado Cash (TC), was found guilty of money laundering by a Dutch court and sentenced to sixty-four months in prison. TC is a privacy-preserving protocol developed for the Ethereum blockchain: it allows users to deposit funds in a TC pool and withdraw them to a different address, thus making it impossib
No One is Above the Law?
In the recent criminal prosecutions of Donald Trump and Hunter Biden, prosecutors and others emphasized that “no one is above the law.”
Really? No one?
How about retired Lt. Gen. James R. Clapper, Jr.? When he was serving as the Director of National Intelligence, he got caught lying under oath to Congress after he falsely denied that “the NSA was collecting data on millions or hundreds of millions of Americans.”
The Latest BLS Unemployment Report, More Signs of Recession
The official (U3) unemployment rate went up one tenth of a percent last month, to 4%. The broad measure of inflation (U6) held steady at 7.4%. These stats are not alarming. However, U3 unemployment was 3.4% last April, and U6 unemployment was 6.5% at the end of 2022. In other words, the two most important measures of unemployment are trending upwards, albeit gradually. A gradual increase in U3 unemployment of .6% over the past year indicates that the economy is slowing, that we may be entering into a recession.
A Hoppean Dissection of Javier Milei
In his book, Democracy: The God That Failed, Hans-Hermann Hoppe talks about the neoconservative movement in the U.S. emerging in the late 1960s and early 1970s, when the left became increasingly involved with Black Power, affirmative action, pro-Arabism, and the counterculture of those times. In opposition to all this,
The State’s Most Cherished Power Is its Money Monopoly
Money is never an object when you have a legal counterfeiting racket at the center of the economy; yet counterfeiting, provided it has monopoly power and is conducted by the “best and the brightest,” is virtually unchallenged as necessary for economic growth.
How did this fraud come about? First, some basics:
Defending Gaza (Part I): Natural-Law Principles Vs. National-Interest Statism
The individual’s natural right to life antedates the state apparatus.
Let us not commit the Sin of Abstraction—the sin of escaping into theory, and in so doing, avoiding reality—the reality of Israel’s real sins, real crimes, the crime of all crimes.
When Americans reflect on history’s tragedies and travesties, they habitually extol the virtue of Pax Americana, but never the horrors of it. Having shaped the annals of the past, regime historians, naturally, speak a great deal about Hitler, but hardly at all about Hiroshima.