Lawrence White on Private Gold Mints

Every hoary myth about the private market's unfitness to supply means of exchange has roots that trace back to the hoariest monetary platitude of all, namely, the claim that governments alone, whether republican or absolutist or otherwise, are fit to coin money. That commonplace credendum dates from ancient times, and was a staple of medieval and early-modern monetary … Continue reading Lawrence White on Private Gold Mints

Why the Biden Administration Fired Staffers Over Smoking Pot But Let Kamala Harris Get Away With It

Honesty is always the best policy. That is, unless you work in a low-level federal job for the Biden administration—in that case, it might get you demoted or fired. Young White House Staffers ‘Sandbagged’ Over Past Marijuana Use “Dozens of young White House staffers have been suspended, asked to resign, or placed in a remote … Continue reading Why the Biden Administration Fired Staffers Over Smoking Pot But Let Kamala Harris Get Away With It

Who Was the First Woman to Receive an Electoral Vote?

Depending on your age, you may think the answer to that question is Kamala Harris, Hillary Clinton, Sarah Palin, or Geraldine Ferraro. But in fact the first woman to receive an electoral vote, 12 years before the historic nomination of Ferraro in 1984, was Theodora (Tonie) Nathan, the 1972 Libertarian Party vice presidential nominee. Tonie Nathan … Continue reading Who Was the First Woman to Receive an Electoral Vote?

Socialism’s Disturbing Record on Abortion

The word “socialism” terrifies some of today’s Democrats, even as leading figures in the party embrace the term. Democratic Rep. Abigail Spanberger of Richmond, Virginia, who narrowly won her House seat in 2018 and narrowly retained it in 2020, made news when her emphatic comment on a postelection phone call was leaked to the media. … Continue reading Socialism’s Disturbing Record on Abortion

Six Principles for Misunderstanding Free Speech and Section 230

Earlier this month, Heartland Institute President James Taylor published a paper titled, “Six Principles for State Legislators Seeking to Protect Free Speech on Social Media Platforms.” Each principle omits important legal facts, betrays a confusion about the current market, or reveals a misunderstanding of the history behind the law at issue: Section 230 of the Communications Decency Act, which protects … Continue reading Six Principles for Misunderstanding Free Speech and Section 230

On Vaccine Passports, Free People Require Free Movement

“Vaccine passports” are the latest in a long line of unusual terms we’ve all become familiar with over the past year. The Washington Post reports the Biden Administration is working to coordinate a national program that would require citizens to show proof of their vaccine status in order to travel or enter public places, but … Continue reading On Vaccine Passports, Free People Require Free Movement

4 Reasons Gun Control Can’t Solve America’s Violence Problem

The gun-control paradigm—the idea that the solution to American violence is more laws restricting guns—is unhelpful. Gun control doesn’t work. Indeed, any statistical connection between gun policy and violence is tenuous. But even if gun control was effective, it would still be flawed. Gun control burdens the free exercise of the constitutionally-protected Second Amendment right … Continue reading 4 Reasons Gun Control Can’t Solve America’s Violence Problem

Texas Has Fewer COVID Cases Than Michigan—Despite Nearly 20M More People and No Restrictions

On March 2, former US Senator Al Franken mocked Texas for lifting all its remaining COVID-19 restrictions. “Gee, we here in Texas haven’t screwed up royally in a whole two weeks!” Franken tweeted. “I know! Let’s lift the mask mandate!” https://twitter.com/alfranken/status/1366914021203574785?s=20 Despite what Franken and many other critics predicted, Texas didn’t see an explosion in … Continue reading Texas Has Fewer COVID Cases Than Michigan—Despite Nearly 20M More People and No Restrictions

Bloomberg: Venezuela Turns to Privatization After Being Bankrupted by Socialism

Early in 2007, after winning a second six-year term as president, Hugo Chávez announced his plan to nationalize Venezuela’s largest telecommunications company, CANTV, hinting at wider nationalization plans to come. “All that was privatized, let it be nationalized,” announced Chávez, who had run under the banner of democratic socialism. Nearly a decade and a half … Continue reading Bloomberg: Venezuela Turns to Privatization After Being Bankrupted by Socialism

Why Competition Is the Antidote to Big Tech’s Bad Behavior, Not Politicians

Since the start of 2021, debates about hosting sites, web services, and social media bans have drawn attention from all sides of the spectrum with some calling foul, citing free speech concerns, while others attest that it is simply warranted ownership control. We have a love-hate relationship with technology that is confounded by ever evolving … Continue reading Why Competition Is the Antidote to Big Tech’s Bad Behavior, Not Politicians