Lew Rockwell asks us to think of a robber who promises to stop coming through your front door if you promise to leave open the back door. So it is with the state that promises to stop taxing your income if you let it tax your consumption. The issue is not the method; it is the amount.
Hardly a day goes by when Mark Brandly doesn't observe confusion on the subject of international trade, from pundits who blame it all of American economic and social to those who think trade can only thrive in the context of treaties and war. This primer corrects most of the big mistakes.
Uncle Sam wants you, even if you are still in diapers. Incredible as it may sound, the Washington, DC, city council is considering a bill that would extend mandatory school attendance laws to very young children—even some 2-year-olds. Bill 14-261 requires all children who turn three before December 31 of an academic school year to be schooled.
Charles Lindblom is at it again. In God and Man at Yale, William Buckley, Jr.’s indictment of leftist teaching at Yale University written half a century ago,
The answers we receive from the academics in response to the collapse of the Enron Corporation and the implosion of other firms are not answers at all. At best, they deal only with effects, or, at worst, reverse the pattern of cause and effect. To put it another way, writes William Anderson, the people who are supposed to know the answers don’t even know what questions they should pursue.
The US government is attacking capitalism under the guise of cracking down on "corporate criminals." Corporate CEOs are being demonized and blamed for the collapsing stock market Bubble. Exploiting the Enron and WorldCom bankruptcies, Washington DC has imposed the most sweeping accounting and securities laws since the 1930s.
What a sight: the legislative and executive branches of government celebrating as they impose new criminal codes against corporate fraud, each politician trying to outdo the other in their moral outrage against business. These are people who created and guard what is perhaps the greatest financial fraud of all time, the $2 trillion federal budget.
A government that can jail the rich and well-known at will and confiscate all of their assets is a government that can do the same thing to "ordinary" people--and at a lower cost to government officials, warns William Anderson. If people really want a prosecutorial state with no limitations, they will have their wish granted--and lose whatever precious freedoms they may still have.
Whether to distract the American public from the current set of hearings into the national security breakdowns that led to the September 11 attacks or just to be doing something, President George W. Bush has announced plans to create a new Cabinet-level monstrosity ostensibly aimed at making all of us safe from terrorist attack.
The Scana Corporation is a government-created monopoly that provides electricity to most of the state of South Carolina. Like all regulated corporations, it is pressured by regulators to promote politically correct causes and policies--or else. Thomas DiLorenzo highlights the absurd results.
