Robert Higgs once referred to the economic system of the United States as “participatory fascism.” As I listen to the candidates’ proposals this election season, I’m beginning to realize just how accurate that phrase really is. Before getting started, of course, it is necessary to define our terms. Contrary to what those in the media [...]
Entries from June 2008
June 24, 2008
The Neocons’ Faustian Bargain
Civil libertarians are getting all torqued up again over the warrantless wiretapping provision about to pass Congress. I don’t see what the big deal is. After all, National Review Online’s Andrew McCarthy wrote an article last week which clearly explains that the Constitution does not require a probable cause standard for wiretaps:
“There are two core [...]
June 18, 2008
On the Lighter Side
A cowboy named Bud was overseeing his herd in a remote mountainous pasture in Montana when suddenly a brand-new BMW advanced out of a dust cloud towards him. The driver, a young man in a Brioni suit, Gucci shoes, RayBan sunglasses and YSL tie, leans out the window and asks the cowboy, “If I tell [...]
June 12, 2008
The Myth of Market Failure
So now the socialist from South Central, Maxine Waters, wants to sociali… – er, I mean…well, that is to say…um… Ah, screw it! She wants the government to takeover and run the oil companies. Well, at least she had the guts to (almost) say what she’s really after. And you thought gas prices were high [...]
June 7, 2008
Libertarianism Made Easy
So at this point you’re probably saying, “All this libertarian stuff sounds great, but how can I break out of the statist paradigm that has plagued me all my life? It probably requires a large down payment, right? What if I have less than perfect credit? Is there any chance for someone [...]
