Power & Market

Governments hate accountability, and they hate reporting on their own failed programs, like the war in Afghanistan.

Notre Dame didn't have fire insurance because it's owned by the French state. This has been the case since the French Revolution, and it could mean anything goes in the reconstruction effort.

Holcombe contends “political capitalism,” has come to replace market capitalism. We now have an economic system in which government and the private sector team up to exploit everyone else.

The full archives are here.

Would these pro-tax billionaires have become rich in the first place under the kind of tax system they now advocate?

Foundations of A Free Society is a valuable collection of essays on Ayn Rand's political philosophy. The contributors include both Objectivist philosophers and libertarians who are not Objectivists.

In Libertarianism, the philosopher Eric Mack  offers an excellent and important guide to libertarian theory. In my review, I concentrate on his discussion of Robert Nozick.

The Journal of Libertarian Studies is back! First issue will appear before year's end, with David Gordon as editor.

Economist Greg Mankiw confesses: I love the Federal Reserve. And I suspect that, in their heart of hearts, most other economists love the Federal Reserve, too.

The arrest of Julian Assange has produced rapturous cheering from the American political elite.