Sheldon Richman | The Libertarian Institute

TGIF: A Market for Law?

by Sheldon Richman | Oct 6, 2023 | Criminal Justice, Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF

Great part of that order which reigns among mankind is not the effect of government. It has its origin in the principles of society and the natural constitution of man. It existed prior to government, and would exist if the formality of government was abolished. --Thomas Paine, Rights of Man, 1792 Sometimes an idea that at first sounds nuts isn't really nuts at all. Case in point: the market-anarchist principle that people should be free to buy the law and protection they want in the market. Even a subscriber to Murray Rothbard's anarcho-capitalism might raise an eyebrow because Rothbard...

TGIF: Limited Government’s Bait and Switch

by Sheldon Richman | Sep 29, 2023 | Featured Articles, Libertarianism, Sheldon Richman, TGIF

In a fundamental respect, libertarian minarchism (minimal, or limited, government) and market anarchism (or anarcho-capitalism) have something important in common: neither can guarantee individual rights. But there's a big difference: unlike market anarchism, minarchism appears to offer a guarantee, which allegedly makes it preferable to market anarchism. Actually, it's a false guarantee, a bait-and-switch. So it's not preferable to market anarchism, at least on those grounds. However, what market anarchism can do is show how everyday incentives will tend to protect liberty (and already do...

TGIF: Hurrah for Real Globalization!

by Sheldon Richman | Sep 22, 2023 | Economics, Featured Articles, Foreign Policy, History, Justice, Libertarianism, Politics, Sheldon Richman, TGIF

Globalization, like the free market and classical liberalism generally, isn't wildly popular these days, is it? People blame globalization for all sorts of bad things, and the raps are usually bum. In truth, to the extent that governments keep out so-called foreign people, goods, and money, they make nearly everyone poorer. Even the few immediate beneficiaries pay a price in the long run. So who speaks up for real globalization? I have to add the adjective real because counterfeit globalization has been circulating for a while. That's politically managed commerce where governments, most...

TGIF: Free Speech Affirmed — Pretty Much

by Sheldon Richman | Sep 15, 2023 | Featured Articles, Sheldon Richman, TGIF

[Updated Sept. 16] The preliminary injunction against federal censorship of social-media users has survived the Biden administration's appeal. However, it remains on hold until Sept. 22 while the Supreme Court considers the matter. The latest ruling, 78 pages long, by a panel of Fifth Circuit Court of Appeals judges, affirmed the core of District Judge Terry Doughty's July 4 preliminary order, but the revised order has two big differences. The appellate judges exempted some defendants and narrowed Judge Doughty's list of prohibited actions to just one modified but broad prohibition. We'll...

TGIF: Who Rules? That Is Not the Question

by Sheldon Richman | Sep 8, 2023 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF

Today's two major contenders for political power seem to be elitists and populists. Funnily enough, both types are present in each of the big tribes known as progressive/liberal and conservatism, left and right, or Democratic and Republican. (Here's the lowdown on paleoconservative elitists.) However, the elitist/populist framework should leave everyone dissatisfied. It omits too many details. Namely, it presents a contest apparently over who should rule: an anointed elite or "the people," which is not always well-defined. I put the term in quotes because the whole people cannot possibly...

TGIF: Tribalism and the Dark Art of the Package Deal

by Sheldon Richman | Sep 1, 2023 | Featured Articles, Politics, Sheldon Richman, TGIF

Tribalism not only lives; it rules -- even more than I thought! I've been reading Hyrum Lewis and Verlan Lewis's book The Myth of Left and Right: How the Political Spectrum Misleads and Harms America. It's certainly clarified my thinking. The Lewis brothers are a historian and a political scientist. What they show is something that I and many others have only partly understood. But for me, that's changing now. (Here's an interview with them.) Their thesis is that the terms left, right, liberal, progressive, conservative, Republican, and Democrat do not indicate opposing sides of a single...

TGIF: Why the State Is Corrupt

by Sheldon Richman | Aug 25, 2023 | Featured Articles, Justice, Politics, Sheldon Richman, TGIF

Why is government corrupt? You'll notice that I did not ask, "Is government corrupt." We've had enough experience to go right to the main question. I might have softened it with the phrase tends to be to acknowledge that not everyone in government is corrupt, at least not in the conventional sense. Lord Acton's statement was, "Power tends to corrupt, and absolute power corrupts absolutely" -- although I wish he had added, "Power also attracts the corrupt." At any rate, we have a question on the table. Let's go beyond the easy answer. Obviously, any government is intrinsically corrupt because...

TGIF: On “Giving Back”

by Sheldon Richman | Aug 18, 2023 | Economics, Featured Articles, Sheldon Richman, TGIF

P&G, the maker of popular household brands like Tide and Downy laundry products, is giving away $10,000 in college scholarships. That's $1.5 million and 150 scholarships in all. My problem, aside from its encouraging college attendance, is with how the company is promoting the program. The television ads proclaim that the company sees the scholarships as a way of "giving back." I've written about this before, but some further thoughts might be useful. So, to whom does P&G wish to give back? Not to existing customers exclusively. The only eligibility requirements are U.S. residency, a...