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Socialism Is Dead; Participatory Fascism Has Triumphed
Monday July 24, 2017 | Robert Higgs

“Socialism with Chinese characteristics” = Chinese fascism “American capitalism” = American fascism “Post-Communism in Russia” = Russian fascism “Scandinavian Third Way” = Scandinavian fascism “Italian fascism” = Italian fascism “German fascism” = German fascism “Spanish fascism” = Spanish fascism “European corporatism” = European fascism Are you starting to see a pattern? Many people continue...
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College: Investment in the American Dream or an Escape from Reality?
Monday July 24, 2017 | Vicki Alger

These days it seems college is about everything but higher learning. Undergraduates enrolled in a Global Politics of Human Rights course at Arizona State University’s Tempe campus, for example, were allowed to stage a protest for their final assignment. “The focus,” according to the initial report by the Arizona Republic, “was opposition to many of...
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50 Years Ago Today: The Detroit Riot and the Decline of Civil Rights Liberalism
Sunday July 23, 2017 | Jonathan Bean

Fifty years ago today (July 23, 1967), the largest urban riot of the 1960s rocked Detroit for five days (July 23-28). An encounter with the police (shutting down an illegal after-hours bar), sparked looting and arson on a scale far surpassing the riots that had burned in other American cities. While such riots often started...
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Public Choice Analysis a Scheme for Imposing Racist Oligarchy on the USA? Preposterous!
Wednesday July 19, 2017 | Robert Higgs

Public choice analysis shows, among many other things, that organized political interests will tend to dominate the political process at the expense of the unorganized members of society. This is not a claim that “the rich” will necessarily dominate “the poor” in the political process, although the rich obviously have an advantage in influencing...
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Review: Book of Henry Breaks from Convention to Ask Important Questions
Wednesday July 19, 2017 | Sam Staley

Critics panned The Book of Henry when it opened in June, but this may say more about their ability to step outside their pre-conceived ideas about what a movie “should be” than anything else. The film’s storyline conforms much more to what a reader would expect in a suspense novel than the conventional three-act...
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Writers Who Cannot Swim Should Stay Out of the Deep Water
Tuesday July 18, 2017 | Robert Higgs

I am a fan of astrophysicist Alex Filippenko, a famous prof at UC Berkeley. When I was homeschooling my stepson John Allen Hunley, we used a huge set of DVD’s in which Filippenko presents a fascinating intro course on astronomy and astrophysics. He is a wonderful teacher. My point here, however, is that in...
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What Is Kim Jong-un Thinking?
Tuesday July 18, 2017 | Alvaro Vargas Llosa

An interior monologue by North Korea’s dictator might go something like this: I can see myself as if I were back at the Liebefeld-Steinholzi school in Bern, Switzerland, with everyone convinced I was crazy because I talked little and was fixated on my PlayStation, keeping quiet for hours on end, observing others. What is...
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A Project of Independent Institute

Pillage People Plot to Increase Asset Seizures
Monday July 24, 2017 | K. Lloyd Billingsley

U.S. Attorney General Jeff Sessions seeks a “new directive on asset forfeiture” and plans new policies to “increase forfeitures.” The target is supposedly big-time criminal organizations but all citizens have good cause to be wary. As U.S. Supreme Court Justice Clarence Thomas notes, the issue is “whether modern civil-forfeiture statutes can be squared with...
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Illinois Kicks the Can Down the Road
Monday July 24, 2017 | Craig Eyermann

Illinois has kicked the can down the road for the state’s debts and liabilities. Last week, Moody’s credit rating service announced that it would sustain its current rating for the state of Illinois at Baa3, one level above “junk” status, making Moody’s the third of three major credit rating agencies to not take the...
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Inside the Budget: More Law Enforcement Spending
Friday July 21, 2017 | Craig Eyermann

While running for office, Donald Trump pledged to reduce the regulatory burden for Americans while also increasing the amount of spending to support federal law enforcement agencies in their work, much of which involves enforcing federal laws and regulations. Budgets are about priorities, so perhaps it isn’t much of a surprise that President Trump’s...
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Stop Erosion of Property Rights
Monday July 17, 2017 | K. Lloyd Billingsley

California’s Coastal Commission has shut down the last beach-sand mine in the United States, operated by the Mexico-based Cemex company. Coastal Commission boss Jack Ainsworth told reporters, “This settlement is an incredible victory for the public.” Taxpayers might not think so. The Commission blamed Cemex for erosion along Monterey Bay. Company official Walker Robinson...
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How Fiscally Healthy Is Your State?
Monday July 17, 2017 | Craig Eyermann

The Mercatus Center has released its fiscal rankings of each state in the nation. Find your state in the map below to see how highly (or lowly) it may have ranked: Here’s what the report’s authors, Eileen Norcross and Olivia Gonzalez, had to say about the five states occupying the fiscal basement in 2015,...
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More Change Taxpayers Can’t Believe In
Friday July 14, 2017 | K. Lloyd Billingsley

As we noted, California taxpayers were the first to pay for the sexual-reassignment surgery of a violent criminal, Shiloh Heavenly Quine, who as Rodney Quine gunned down Shahid Ali Baig, a father of three, then stole his car. Taxpayers nationwide have also been footing the bill for sex-change surgery, and Congress just decided that...
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The CBO Scores President Trump’s Proposed Budget
Friday July 14, 2017 | Craig Eyermann

The Congressional Budget Office has scored President Trump’s first budget proposal. In its report, the CBO finds significant reductions in the U.S. government’s annual budget deficits compared to their baseline estimates, which reflect their projections of how those deficits would have grown if the spending policies of the Obama administration had continued on autopilot....
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