Laissez Faire Links

By Jeremiah Dow | Stories for free minds covering free markets.

Current National U.S. Debt - Approaching $20,000,000,000

The national debt is the total amount of intra-governmental and public debt owed by the U.S. federal government. About two-thirds of this debt is in …

Monopoly Money Should Give Way to Choice in Currency

For more than two hundred years, practically all of even the most thoroughgoing free market advocates have assumed that money and banking were …

Economics

Any of These 3 Bubbles Could Be about to Burst

Moral hazard, easy money, and cheap credit have never produced good results. History is littered with examples of financial disaster brought about by …

From communism to capitalism: How Christmas gift-giving has changed in Poland

Poles who grew up during the communist era love to tell their children and grandchildren that as kids, they would be satisfied with a simple orange under the Christmas tree.<p>This is, in part, an admonition against expecting a bountiful haul of presents, but it’s also an expression of nostalgia for …

Christmas

George Selgin on central banking. Full talk from Objectivist Summer Conferenc...

Portland city council passes tax on CEOs who earn 100 times more than staff

Revenue from the new tax, which seeks to address income inequality, is intended to be used to pay for programs for homeless people<p>The Portland, Oregon, city council has voted to pass a first-of-its-kind measure that would levy a tax on public companies whose CEO-to-workers pay ratio is more than …

Equality

Self-Discipline Must Be Selfish

Today’s the day. The day you get serious about your work, your studies, your finances, your health, your life. Commence adulting.<p>The work, the …

One Senator Saw the Problem with the Fed before It Was Created

If I haven't been posting much lately, it's because I'm working on a paper about the 1908-12 National Monetary Commission, and have been up to my …

7 Harsh Realities Of Life Millennials Need To Understand

Sean Spicer exposes media hypocrisy and serious concerns over Dr. Farkas' comments.<p>All stocks were winners, some won a lot more than others, …

Did the Fed Really Say they Could Buy Stocks?

The Fed told Congress it would buy stocks if Congress allowed it. This statement has caused a lot of people to scratch their heads. Will this cause …

America is NOT a Democracy (Leonard Peikoff)

The American system is not a democracy. It is a constitutional republic. A democracy, if you attach meaning to terms, is a system of unlimited …

Democracy

Washington’s Wake-Up Call

Sky-high debt and dismal growth are testing Americans’ faith in democracy.<p>When I testified on Capitol Hill last week on the subject of the national debt, I found myself in the odd position of hoping our elected representatives would find my testimony of little value because it would strike them as …

Government

Harmonize This, Eurocrats

The tax attack on Apple serves the EU’s dream of never having to change.<p>Everyone knows Europe feels bad because it can’t develop an Apple or Google or Facebook or Amazon. That’s why Europe has been fashioning multiple initiatives to punish American tech companies, including last week’s impertinent …

Apple

Europe's 'unfair' Apple tax ruling sparks US anger

<b>There has been widespread criticism in the US of the European Commission's ruling that Apple should pay up to €13bn (£11bn) in back taxes.</b><p>The US Treasury said that such tax investigations were "unfair" and undermined the tax rules of individual states.<p>Charles Schumer, a senior Democrat senator, …

No, Taxpayers Are Not Subsidizing Banker Bonuses

If I were to make a list of the most abused words in the English language, “subsidize” would almost certainly make my top 10.

Fraud

"What Can One Do?" (OCON 2016)

European Ruling against Apple and Ireland Vindicates Brexit

Taxation is bad enough: two consenting parties arrange a mutually-beneficial exchange, and an interloping third party demands a cut.<p>What compounded …

States Start to Approve Steep Increases in Health Premiums

Obama administration looks to ease consumer concerns about rising rates with analysis showing tax credits would blunt impact for some<p>WASHINGTON—The first handful of states have released approved 2017 rates for people who buy health insurance on their own and the results so far are consistent with …

Health Care

How Viennese Culture Shaped Austrian Economics

Schools of thought are frequently named after their country or place of origin. The Chicago School, the Frankfurt School, and the Scottish …

The Federal Reserve Has Created An Unprecedented Disaster For Pension Funds

<i>Submitted by Mike Krieger via Liberty Blitzkrieg blog,</i><b>When it comes to the Fed, Congress is mired in hypocrisy. The anti-regulation, de-regulation</b> …

Finance

The Fed may have given a sign that they're preparing for negative interest rates

I think it’s possible that the Fed will push rates below zero when the next recession arrives.I explained why a few months ago in my free weekly column, <i>Thoughts from the Frontline</i>, at Mauldin Economics.<p>In that regard, something important happened recently. And not many people noticed. I’ll do a …

Why Is the Government Trying to Regulate Fashion Blogs?

by Alden Abbott<p>According to a recent article in “The Fashion Law,” the Federal Trade Commission (FTC) is attempting to regulate fashion bloggers by …

Exxon’s Inquisitors Feel the Heat

Court filings reveal the true aim of this ‘fraud’ case: silencing conservatives.<p>The first thing to know about the crusade against Exxon by state attorneys general is that it isn’t about the law. The second thing to know is that it isn’t even about Exxon. What these liberal prosecutors really want …

Malaysia

Job-Killing Red Tape for Thee, Not for Me

Expert CommentaryIf you think that all members of Congress have to comply with all of the laws that we common citizens have to obey, think again. …

Markets

Exxon-Subpoena-Massachusetts

First The Government Went After ExxonMobil -- Now They're Going After Me

Massachusetts Attorney General Maura Healey is persecuting ExxonMobil and now me for having opinions on fossil fuels she disagrees with. My company, the Center for Industrial Progress, is one of the 12 cited in the new subpoena of Exxon, meaning that Exxon is supposed to release any private or …

Climate

"F*ck Off Fascist" - One Man's Epic Response To The Mass. AG Over Subpoena On Climate Change

The tolerant left strikes again.<p>The only problem with this is that stock bubbles don’t deflate easily. And we’ve got air pockets all the way down to …