Ilana Mercer concisely and elegantly makes a point that I’ve been harping on among big-L Libertarians for some time.
“Targeted tax credits” aren’t “incremental moves toward liberty,” they’re just social engineering — shifting the tax burden from those who spend their money the way bureaucrats decide they should spend it, and onto those who spend their [...]

1. The interest rate is a price – the price of credit like the price of any good.  In a free market the price would be set like the price of any good at the intersection of the supply of funds (our savings), and demand for funds (businesses’ and individuals’ investing [...]

Last week marked the end of the Cash for Clunkers program. Many have called it one of the best economic stimulus programs ever implemented. Of course the White House has called it “Wildly Successful.”
“This is one of the best economic news stories we’ve seen and I’m proud we were able to give consumers [...]