I believe that every argument should begin with commonly understood definitions. Capitalism is a social system based on the explicit recognition of private property and voluntary contracts. Communism is the abolition of private property altogether. And socialism is...
Featured Articles
Speech Isn’t Just a Human Right, It’s What Makes Us Human
by John Weeks | Oct 30, 2024 | Featured Articles
The United States Imperial Government (USIG) has been especially hell bent on curtailing if not forbidding Americans’ right to free speech. This is an outrage. Free speech is much more than our inalienable right, one the Founding Fathers were willing to violently...
The Sophistry of State Slaughter
by Laurie Calhoun | Oct 29, 2024 | Featured Articles, Foreign Policy
Since the Middle Ages, belligerent leaders have taken refuge behind the seductive façade of just war theory according to which what matter above all during wartime are the intentions of the warriors, not the consequences of their actions. When leaders order their...
Beware of War Hawks in ‘America First’ Clothing
by Connor O'Keeffe | Oct 29, 2024 | Featured Articles, Foreign Policy, Politics
For the past eight years, the two major political parties have been gripped by a messy and ongoing realignment. It began with the election of Donald Trump in 2016, which was a major repudiation of the neoconservative-establishment coalition that had dominated the...
Yezidis in Lebanon Flee the Terror of Israeli Bombs
by William Van Wagenen | Oct 28, 2024 | Featured Articles, Foreign Policy
Members of the Yezidi religious minority who fled ISIS and other Turkish-backed extremist groups in Syria are now seeking to flee Israel’s relentless bombing campaign in Lebanon. “They bombed just next to our house. Just five meters from our building. I can’t handle...
Lina Khan Gets It Wrong (Again)
by Norman Singleton | Oct 28, 2024 | Economics, Featured Articles
60 Minutes recently aired an interview with Federal Trade Commission (FTC) Chair Lina Khan conducted by veteran reporter Lesley Stahl. This may have been the first time in their 58-year history that 60 Minutes has profiled an FTC chair, but Lina Khan is not the...
TGIF: Happy Halloween, Traders!
by Sheldon Richman | Oct 25, 2024 | Economics, Featured Articles, Sheldon Richman, TGIF
It's the Halloween season, the perfect occasion to introduce your young children and grandchildren to the wonders of the market economy. After all, the market is a process in which individuals strive to improve their situations through trade—that is, lucrative...
Don’t Kid Yourself About the Ignorance of American Voters
by Joseph Solis-Mullen | Oct 24, 2024 | Featured Articles, Politics
A couple weeks back, the managing editor here at the Libertarian Institute, Keith Knight, posted on Twitter/X about voter ignorance. The post, which featured the headline “Monetary Policy by the Taylor Rule,” along with the associated equation, concluded with the...