The aftermath of George Floyd's murder has ushered in a grisly scene of terror for many. All around the country police are attacking peaceful protestors while ideological opportunists loot and riot, destroying private property and burning down cities. As emotions run...
Bastiat
Cuomo’s Wager
by Sheldon Richman | May 12, 2020 | Blog, Economics, Libertarianism
Pascal's Wager is a familiar idea. It goes something like this: regardless of what you may think about the existence of God, rational cost-benefit analysis says you should sign on. After all, if you do and you're wrong, what have you lost? But if you don't and you're...
The Unseen Consequences of the Coronavirus Response
by Bradley Thomas | Mar 23, 2020 | Economics, Events, Featured Articles
While sicknesses and death mount from the coronavirus pandemic, the responses by all levels of government have been overwhelming. School closings, business closings, cancellations of sporting events and concerts, “stay in place” orders, hysterical panic spread by the...
China’s Economic Schemes Hurt the Chinese Most of All
by Patrick Barron | Feb 12, 2020 | Economics, Featured Articles, Foreign Policy
In his State of the Union Address—February 4, 2020—President Trump outlined his reasons for punishing nations that manipulate their economies in order to achieve some internal policy goal, such as China. The president claimed that such manipulation was unfair and...
“Rules of Origin” Show Why Trade Agreements Aren’t Free Trade
by Robert Murphy | Dec 31, 2019 | Economics, Featured Articles, Libertarianism
Ludwig von Mises famously argued that people must choose between outright socialism and unfettered capitalism, because there is no coherent “middle ground” between the two. The allegedly reasonable compromise of a highly interventionist state — where the authorities...
When Billionaires Want to Get Rid of Capitalism
by Jean Vilbert | Oct 30, 2019 | Economics, Featured Articles
"Successful economies are not jungles, they’re gardens, which is to say that markets, like gardens, must be tended, that the market is the greatest social technology ever invented to solving human problems, but unconstrained by social or democratic regulation, markets...
Economic Creationism
by Logan Chipkin | Oct 23, 2019 | Economics, Featured Articles, Libertarianism
Creationism has lost the argument in the public square. Any biologist working to understand life-related phenomena has no choice but to take seriously Darwin’s theory of evolution by natural selection. That is, all of the apparent design and purposefulness that we...
Andrew Yang – The 21st Century Candlemaker
by Jared Nordin | Oct 1, 2019 | Blog
"(Close) all windows, dormers, skylights, inside and outside shutters, curtains, casements, bull’s-eyes, deadlights, and blinds—in short, all openings, holes, chinks, and fissures through which the light of the sun is wont to enter houses.” -Frederic Bastiat from his...
Blog
Anti-War Blog – Do They Really Know It’s Christmas?
Every year as the end of December crawls near, the spirit of Christmas grips those sometimes Christians, even atheists join in and celebrate it as a cultural habit and the true believers further confirm their faith. The spirit of celebration is one of joy, community,...
Winter Reading
Libertarian Institute Director Scott Horton’s new book is shaking things up and making a stir all at once. Provoked: How Washington Started The New Cold War With Russia And The Catastrophe In Ukraine is a read it and weep. Or, for the War Party hacks, don’t read it;...
A Warhead That Could: The Extinction Event for Exquisite Military Platforms
Chalk up another crafty Revolution in Military Affairs (RMA) to the Russian military. I am hoping the West has noticed the game changer that a conventional warhead on hyper-sonic IRBMs and ICBMs has changed the balance of power in near peer and peer combat for the...
Economics Is about Individual Choice
"The light which the economic theorist can throw on an economic process, or on the outcome of such a process, is viewed as deriving from his ability to relate back the process to the individual acts of choice of which the process is made up. Through the theorist’s...
New WarNotes Podcast Episode is Live Monday 16 December 2024
Ep 005 "Fixing Fight Club: 21st Century Nuclear Renaissance" In this episode, a complete reassessment of American nuclear weapons has to be done. In the future near-peer and peer fight, nuclear weapons will be an option in the 21st century and no one can predict how...
How Far We’ve Come
"The conditions under which modern man of the capitalist West must act are different from those under which his primitive ancestors lived and acted. As a result of the providential care of our forebears we have at our disposal an ample stock of intermediate products...