Latest Articles
Will Coronavirus End the Fed?
September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term loans to each other. The New York Fed...
Liberty and Slavery
Among the common beliefs of libertarians, opposition to slavery is one of the least controversial. Yet, the moral argument against slavery is one of libertarian philosophy’s most enlightening topics. Considering the “why” of libertarian opposition to slavery is...
US Supreme Court Will Hear Police Accountability Case
Arlington, Virginia—This morning the U.S. Supreme Court announced it would review the case of James King, an innocent college student who was savagely beaten in 2014 by a police officer and FBI agent in Grand Rapids, Michigan, after being unreasonably misidentified as...
Outraged at Thomas Massie? You Shouldn’t Be
Thomas Massie, U.S. House of Representative from Kentucky’s 4th District, took a lot of heat for trying to force a voice vote on the House floor to pass the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. In a glorious show of...
The $2 Trillion Stimulus Package Is Funding Your Own Surveillance
From corporate bailouts to endowments for art, the $2 trillion stimulus package signed into law last Friday has been roundly criticized as a smash-and-grab robbery perpetrated by the country’s elite. And rightly so. However, there is another provision in the...
Stimulus Bill Lets Fed Operate in Complete Secrecy
I guess we’re just supposed to have faith that Jerome Powell will do the right thing. I don’t know about you, but I don’t have that kind of faith in anybody when it comes to passing out billions of dollars in cash or creating government policy. -Mike Maharrey, TAC...
Police, Military Begin Door to Door Searches to Hunt Down New Yorkers Seeking Refuge
Rhode Island — In perhaps the most unprecedented attack on the Constitution on which the Free Thought Project has ever has ever reported, the governor of Rhode Island has announced that the National Guard will begin conducting house-to-house searches to hunt down New...
Without A Bottom Line, Government Is Not Only Blind – It Is Destructive
In the present pandemic panic, a great many are calling for bigger, stronger, and more brutal government to deal with the coronavirus. Thus, they cheer as the political decision-makers, never wanting to let a good crisis go to waste, scurry to get themselves...
Capitalism Makes No Sense
Few things are so confusing as the term capitalism. The definition itself appears clear enough, with the Oxford Dictionaries saying it is “an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than...
Panic Buying, Medical Rationing Underscore Importance of Free Markets
The recent coronavirus panic has provided a stark reminder about the scarcity of economic goods. From people hoarding and stockpiling common household items like toilet paper and hand sanitizer to the downright morbid reports of doctors in Italy and Spain having to...
TGIF: Libertarianism in Emergencies
Libertarians have always acknowledged that emergencies -- severe extraordinary conditions of limited duration -- can justify actions that would be unacceptable under normal circumstances. This doesn't mean that all the rights-based rules disappear, only that some...
States Lifting Regulations to Help Business During COVID-19 Shows How Useless These Laws Are
From the start of the COVID-19 outbreak in the United States, state and local governments responded in various ways from issuing emergency orders—citywide shutdowns to school closures and beyond—but it’s the suspension of various laws and regulations that is...
The Deep State’s Demolition of Democracy
“Thank God for the Deep State,” declared former acting CIA chief John McLaughlin while appearing on a panel at the National Press Club last October. In 2018, the New York Times asserted that Trump’s use of the term “Deep State” and similar rhetoric “fanned fears that...
Politicians Have Used This Crisis to Remind Us They’re Mostly Wannabe Dictators
The virus has unleashed petite tyrants to haunt their tiny jurisdictions, using the cover of crisis to arrogate powers belonging to the people. Witness Robert J. Taylor, mayor of Ostrander, Ohio (population: 643 in the 2010 census), who just declared his village to be...
