Though it’s received relatively little attention, a conservative-led drive to call a convention to consider amendments to the U.S. Constitution has been making steady progress, and is now more than halfway toward realizing its goal. At a time when Americans are...
When I interviewed for a teaching job at private college in Alabama more than twenty years ago, the recently elected governor had won partly on a platform in which the state would install a lottery system that would give students a $3,000 grant for college. As the...
Lex mercatoria, or the “Law Merchant,” refers to the privately produced, privately adjudicated, and privately enforced body of customary law that governed virtually every aspect of commercial transactions by the end of the 11th century. Thus, the Law Merchant provides...
Graphika and the Stanford Internet Observatory released a study showing a “series of covert campaigns over a period of almost five years” that pushed pro-Western misinformation on Twitter, Facebook and five other social media platforms. The operations targeted people...
I’ve read almost every major work of libertarian political philosophy ever published. In my view, Michael Huemer’s new The Problem of Political Authority: An Examination of the Right to Coerce and the Duty to Obey is the best book in the genre. What’s so great about...
In his valuable article “War and Humanitarian Intervention,” in The Routledge Companion to Libertarianism (pp. 441–56), Fernando R. Tesón raises some interesting criticisms of Murray Rothbard’s views on war as part of a more general discussion of the topic, and I’d...
The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession—two quarters of negative growth—we are already in...
Murray Rothbard believed there are good conspiracy theories and bad conspiracy theories. He wrote about it for Reason Magazine in 1977. The bad ones are gratuitous claims made without evidence that tend “to wrap up all the conspiracies, all the bad guy power blocs,...
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