Scott talks to David Stockman about the fate of the economy after the coronavirus-induced shutdown and the multi-trillion dollar bailouts being undertaken by the U.S. government. Stockman is much more concerned about the economic ramifications than about the virus...
CIA
The Fed’s Massive Injection of ‘Liquidity’ Also Benefits Uncle Sam
There’s a lot to be said regarding the Fed’s surprise announcements—including its Sunday surprise of $700 billion in renewed QE and the complete elimination of all reserve requirements for banks—but here let me just focus on one element: the tendency for Fed officials...
Now, We Get Local. Now The World Gets Real
"Reality is that which when we stop believing in it doesn't go away." - Philip K. Dick In March of 2003, we broke ground on the first real thing I ever built, the house I currently live in. Then I understood that there was only one way this economic and political...
Why We Need Free Markets To Fight Pandemics
The natural response in the face of a pandemic like the one we are experiencing today with COVID-19 is to take immediate and direct action to curb the crisis. We are told we need to have extensive quarantines, citywide lockdowns, and shelter-in-place orders. We...
Jon Utley, Heroic Champion of Peace and Freedom, RIP
Jon Utley, one of the most dedicated and principled pro-freedom activists in the nation, passed away yesterday. For 30 years, Jon was in the forefront of the antiwar movement since he spearheaded a group to oppose President George H.W. Bush’s war against Iraq. Jon was...
Jon Basil Utley, RIP (A great freedom-fighter and a wonderful friend, I will miss him so much)
My good friend Jon Basil Utley died on Friday. Jon had been fighting lymphoma for a few years. I believe he was 87. He was one of the sweetest men I ever met. For the last several years, he served as Publisher of The American Conservative magazine and website. Last...
Please Don’t Hoard N95 Masks! Hospitals Need Them Desperately.
This is a note just posted by my sister, a nurse at a hospital in Austin: I know everyone has heard the healthcare workers cry for getting safe PPE. But I don't think I've really read anything that explains exactly why. My last shift at the hospital, I was asked to...
What Limits Are Needed On Government During This Outbreak?
Disease epidemics are perfectly solvable by libertarian theory. If someone is infected with a dangerous disease, and they bring themselves into a position where they can infect others, then they have violated someone's rights. In an ideal ancap scenario, places like...
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