Book Review: The Market Loves You | Jeffrey Tucker

As both a libertarian and a student of praxeology, I was somewhat perplexed from the title of Tucker's new book The Market Loves You. Only man acts, in the sense of utilizing means purposively to achieve certain objectives, as the praxeological axiom goes; the market as an aggregate of individuals cannot by itself act, and … Continue reading Book Review: The Market Loves You | Jeffrey Tucker

The State as a Business and Incentive Structure

During the millennia governments have existed, the core of their nature appears to hardly ever have been properly investigated or their legitimacy questioned. It's no rare phenomenon to see objections that the institution holds too much power at a given moment, or that it should not take on additional functions, but that's usually where the … Continue reading The State as a Business and Incentive Structure

Five Ways State Interference Leads to Class Antagonism

A fundamental principle of the Socialist doctrine is that of class antagonism. The bourgeois, or the "rich", its proponents contend, are necessarily in conflict with the working proletariats as the former seeks to enrich themselves as much as possible at the expense of the latter receiving lower wages than he considers appropriate for his work. … Continue reading Five Ways State Interference Leads to Class Antagonism

The Growth of the American Police State

Among the many violations of the rights to life, liberty, and property Americans have experienced in later decades, the increasing degree of police brutality has played an especially scarring role. Every year, over a thousand people are killed by the police, and every single day there are new victims who lose their lives or get … Continue reading The Growth of the American Police State

On The Importance of Whistleblowers

If one believes that the public and political interests are mutually exclusive, or just that political interests should be kept in check to as closely as possible align with those of the public, one ought to strongly support and cheer on the work of whistleblowers the world over. The purpose of this column is not … Continue reading On The Importance of Whistleblowers

On Natural and Artificial Hierarchies

Except for the belief that the State ought not to exist, not much agreement can be settled across different factions of Anarchism. Self-proclaimed Anarchists often cannot even concur about what the foundational principles behind Anarchism really are. While "Anarcho-Capitalists" or "free market Anarchists" claim that one only needs to believe the State shouldn't exist (or … Continue reading On Natural and Artificial Hierarchies

Why the State Revels in Crises

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary. - H. L. Mencken   The fundamental task the State proclaims to serve is that of protecting citizens from violence perpetrated amongst one another. For … Continue reading Why the State Revels in Crises

Hoppe on the Problems with Democracy and the Monopoly of Force

An important reason for why possibly a majority today justify or at least put up with having a monopoly of force with the power to tax them and restrict their freedoms is the perception that "the State is us", so to speak. We all have the possibility to try to convince a majority of the … Continue reading Hoppe on the Problems with Democracy and the Monopoly of Force

What’s the Big Deal About Economic Inequality?

Perhaps the most common theme in the mainstream discussion about economic matters today is that of inequality of wealth and income.  The United Nations, for instance, has taken on the challenge to reduce inequality "within and among countries" as their 10th Sustainable Development Goal. "Economic growth," they proclaim, "is not sufficient to reduce poverty if it … Continue reading What’s the Big Deal About Economic Inequality?

What Good has Bitcoin Done for the World?

I used to be relatively passive to Bitcoin and crypto-currencies in general. I was long persuaded by Peter Schiff's argument that Bitcoin was a bubble that would "have a very short life" due to its lack of intrinsic value and speculative nature, and that it therefore does not fulfill Aristotle's five criteria for good money. … Continue reading What Good has Bitcoin Done for the World?