We are living under a form of monetary prohibitionism today, forbidden to use any means of payment other than that maintained by the state. And it is not unlike the alcohol prohibition of old. It redistributes wealth, steers gains to the unscrupulous, strengthens the state and promotes various forms of criminality.

The political season has unleashed its predictable frenzy, much to delight of people who make a living off it. But to what end? There …

For more than one hundred years, governments have been trying to kill gold’s role in the monetary system. They’ve dreamed of a day when …

Twenty years ago, and much to the shock of just about everyone, the mighty Soviet Union, the very embodiment of Hegel’s view of the …

The other day, a local hamburger joint was advertising a 99 cent hamburger, and I took the offer. It was great. I wondered: how …

Some friends and co-workers spent their holidays at Rancho Santana in Nicaragua, where you can live like a king on a pauper’s salary. The …

If you are a visitor from another planet and you want to find out about real life on Earth, what do you watch on …

A staple of action/thriller movies like the Mission: Impossible and the James Bond series is that the government agencies have all the cool gadgets, …

The barely-defeated legislation called SOPA (Stop Online Piracy Act) hit out of the blue and caused a global scramble among the smart set to …

One reason that the Brothers Grimm fairy tales have such appeal — more so than the folklore that came before — is that they …

In the days following the gift-giving holidays, many millions of people stand in judgement over the quality of the gifts they gave and the …

The best part of the chaotic debate in Washington about the payroll tax is that this wicked institution is finally getting the public attention …

Two important regulatory rulings have been issued in the last day that will have a profound effect on your life, both immediately and over …

There stand two broad schools of thought: those who believe in state control of one or many aspects of the social order and those who believe in laissez-faire, that is, that attempts at state control are counterproductive to the cause of prosperity, justice, peace and the building of the civilized life. Laissez-faire says that the artists, merchants, philanthropists, entrepreneurs, investors, and property owners — and not the cartelizing thugs of the state — ought to be permitted to drive the course of history.

There is no peace treaty, no humbled enemy, no national glory and certainly no newfound freedom. The “liberation” of Iraq leaves a widely hated …

One of the coolest aspects of modern life is about to come to an end. I’m speaking of the great innovation in the last …

One of the coolest aspects of modern life is about to come to an end. I’m speaking of the great innovation in the last …

You look at the parade of mindless dopes and dopers that make up the Occupy protesters and think: What is wrong with these people? …

The fliers from the local grocery arrive by the day. “Buy your complete holiday meal for $40!” To me, this is just thrilling. You …

Yes, I’ve been the wine-tasting parties with the index cards to fill out sip by sip. I’ve compared the 1984 with the 1986 variety …

The Occupy protesters imagine that they stand in a great tradition of American radicalism, willing to stand up to the man and risk arrest …

We’ve all visited Taco Bell a thousand times – 2 billion of us at least once every year – but now I’ve taken the …

The Fed’s latest inflationary scheme sounds like a technocratic innovation. It lowered the costs of currency swaps between central banks of the world, with …

There was a brief moment of joy at the news that retailers hired 206,000 new people in November. But only one day later, the …