Why Libertarians Should Support the Multipolar World

Current international tensions have intensified a debate that has existed for at least a decade between two radically different views of the world and international relations: the unipolar world and the multipolar world. When libertarians disagree on foreign policy, the underlying cause is often this difference in worldview. The purpose of this article is to show that a unipolar world is contrary to the principles of libertarianism and that a multipolar world is an important step toward global liberty.

juma1

Yauheni Juma is a Belarusian libertarian and Latin America columnist interested in economics, economic history

The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments

Every so often, I check my investment portfolio to see how it is doing. (I stay out of stocks these days, but that is due to my personal situation and is not to be taken as investment advice.) Portfolios are collections of various financial instruments that one is holding, and one always hopes that their value will head in the right direction over time.