A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) discusses how anti-money laundering laws, which require banks to snoop on their customers, are costly and ineffective.
Entitled “Making Banks Spy on Their Customers is Not Effective Crime Fighting: The Failure of Anti-Money Laundering Laws,” the mini-documentary explains that these laws impose [...]
By Steven Horwitz • Posted February 11, 2010 on The Freeman
In the last couple of decades, one of the most popular political slogans on the left, especially among feminists, has been: “The personal is the political.” For feminists the phrase is invoked to point out that the personal choices women make — for example, [...]
Change Your Mind
Mises Daily: Monday, February 08, 2010 by Doug French
Despite the juiced-up GDP numbers of the last two quarters, there is no illusion that the depression is over and the boom has resumed. While GDP is reported as being positive, the employment numbers remain weak. The headline jobless number has one in ten [...]
Posted by Steven Horwitz, Guest Blogger at 4:10 PM on 02/02/10 on the NBR Blog
HT to Steve Horwitz at the Coordination Problem Blog
Over the weekend, the White House released a report indicating that the stimulus program had directly funded about 600,000 jobs and indirectly “created or saved” a total of 1.5 to 2 million jobs. [...]
Once again, Dan Mitchell, for the Cato Institute has done an excellent job of exposing the failures of the 1st “stimulus” plan and the threat of another. Great job Dan and thanks for sending it on to us.
By Andrew McCarthy at National Review Online on December 23, 2009 - better late than never!
At PointOfLaw.com, the distinguished University of Chicago constitutional scholar Richard Epstein provides a painstaking, withering analysis of the healthcare legislation wending its way through the Senate. He concludes that it is clearly unconstitutional. The essay is lengthy and, in [...]
By Steve Horwitz: Posted on the Coordination Problem Blog Site.
This is from a 1934 Cobden Memorial lecture of Gustav Cassel’s entitled “From Protectionism through Planned Economy to Dictatorship”:
Planned economy will always tend to develop into Dictatorship…[because] experience has shown that representative bodies are unable to fulfill all the multitudinous functions connected with economic leadership without [...]
By Matthew Spalding*
Liberty is the essential idea that is America. It is at once our greatest inheritance, our greatest achievement, and our greatest bequest to posterity. The Declaration of Independence asserts unalienable rights to “life, liberty, and the pursuit of happiness,” and the Constitution is meant to “secure the blessings of liberty.” [...]
By Peter Boettke: Posted at The Austrian Economist
Christopher Warren published a book entitled Congress as Santa Claus in 1932. He put the following question to his readers:
If a law to donate aid to any farmer or cattleman who has had poor crops or lost his cattle comes within the meaning of the [...]
