Media and Culture

The new banking policy in Second Life has strong parallels to the adoption of 19th-century banking regulations in the real world.

Policies such as the ban on interest-paying banks incentivize further reckless behavior by users who have made foolish decisions, and they frustrate and hinder the entrepreneurs who are producing the goods that attract people to Second Life.

Taking the counterfeiters money is not wrong, but when the women started spending the money, as Lew Rockwell points out, that's "another matter, of course, as it imitates on a tiny scale what the Fed does, and dilutes the value of other people's money."

Although Liberal Fascism contains much important information, its many mistakes require that it be used with extreme caution.

R.J.

But Kauffman is not ashamed to be an American. He contends that there are two Americas, the televised version that the rest of the world hates, and then there are the rest of us.

Yes, that’s an actual New York Times editorial headline: Charity

The general bias against Wal-Mart extends far deeper than any generic bias against capitalism or ag

I can vaguely recall a time when the person who helped kids across the street was called a “crossing guard.” It seems like not to long