One persistent problem in America’s political discourse is the misuse of the term “free market.” So-called “conservatives” like President Bush and his Republican acolytes like to claim that they support the “free market,” and liberals, normally skeptical of everything that comes out of conservatives’ mouths, take their word for it. The Right defends the system [...]

To the surprise of most observers, Ron Paul – who claimed he would stay neutral between the presidential candidates of the Constitution and Libertarian parties – endorsed the Constitution Party’s Chuck Baldwin in a blog post made on September 22. Baldwin acknowledged and accepted the endorsement the following day.
Paul, whose candidacy brought together people from [...]

Economically speaking, the Democratic and Republican conventions were exercises in massive self-delusion. Barack Obama and his party acolytes bragged about how they would spend money we don’t have (we’re $10 trillion in the hole, by the way), and McCain and the Republicans promised to balance the budget, strengthen the dollar, and close the $70 trillion [...]

Last week, I discovered a new rap artist named Tahir Jahi had recorded and released a song called “Man Make Da Money” on his MySpace page. No, this isn’t another “bling-bling” materialistic tune – though those can be good, too – but a rap song critical of…the Federal Reserve?
You bet! Jahi heaps scorn upon the [...]

Last Wednesday, Gideon Gono – Zimbabwe’s equivalent of Federal Reserve Chairman Ben Bernanke – issued a $100 billion note.
What can you buy for $100 billion in Zimbabwe? Not quite one loaf of bread.
Zimbabwe is experiencing 12,500,000% inflation – 12.5 million percent. How does inflation get this far out of control? Who can be blamed for [...]

Conservatives talk about how great America’s “free market” is, while those on the political left are critical of the “free market’s excesses.”
What are they talking about?
We have nothing even closely resembling a “free market” in the United States, and the latest news surrounding Fannie Mae, Freddie Mac, and the Federal Reserve underscores that point.
People are [...]

There is a common misconception that true adherents of the free market – libertarians – are “pro-big business” and do not care about the environment. This came up recently on the Rush Limbaugh show as he admonished libertarians to explain to Bob Barr, the Libertarian Party’s presidential hopeful, “what libertarianism is.”
Now Bob Barr has many [...]

Have you ever had to give a speech in front of more than 1,000 people, half of whom were sure to disagree with what you had to say? That’s what I had to do on Sunday, May 24, at the Libertarian National Convention in Denver, and it was pretty nerve-wracking. Oh, and I forgot to [...]