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Laissez-Faire Today

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Should We Worry about the Class Divide?

Charles Murray’s new book Coming Apart has generated an incredible amount of handwringing on all sides. For those who are skilled at ignoring such debates — good impulse, I say! — his thesis is that the ebb and flow of wealth and status between classes that once characterized American culture has ended. He marshals vast …

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Death by Regulation

I had previously heard nothing about the tragic and remarkable case of Andrew Wordes of Roswell, Ga., who set his house on fire and blew it and himself up as police arrived to evict him from his foreclosed-upon home. It was Agora’s 5 Min. Forecast that alerted me to the case, and this report remains …

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Market Failure? The Case of Copyright

How gigantically humongous and intrusive is the federal government? A traditional measure is to look at the pages of regulations in the Federal Register, which is, by now, probably the world’s largest book collection. The problem with this approach is that it takes no account of how a single bad regulation can have monstrously deleterious …

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Are We Oppressed by Technology?

Do we really need an iPad 3 after it seems as if iPad 2 was released only a few months ago? Was it absolutely necessary that Google give us Google+? Do phones really have to be “smart” when the old cell phones were just fine? For that matter, is it really necessary that everyone on …

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The Failure of Another Dystopian Film

Every good dystopian story needs a villain responsible for bringing about the sad state of affairs. Half the interest in the plot concerns how the despotic conditions developed and are maintained. This is precisely why almost all dystopian stories tend toward a libertarian bent, or at least a theme of human liberation from some coercive …

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Democracy Is Our Hunger Game

Whatever good you have heard about The Hunger Games, the reality is more spectacular. Not only is this the literary phenom of our time, but the movie that created near pandemonium for a week from its opening is a lasting contribution to art and to the understanding of our world. It’s more real than we …

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Theory Comes to Life

The final general session of the Oxford Club’s Investment University — the 14th annual and held in San Diego this year — just wrapped up, and a series of afternoon sessions now follow. It is the kind of event that only a tiny percentage of the population — one might say that this is the …

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Warming up to Environmentalism

I’m starting to rethink the whole environmental craze in the culture, which is about as inescapable as pop music and jeans. It was born some 50 years ago and it has spread like a cancer ever since. It’s always annoyed me that its most consistent dogma, pushed without evidence or argument, is that commerce, and …

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No Escape From the Mark of the Beast?

The Canadian gambling site [name had to be removed] thought it had the whole thing figured out. If you stay in Canada, use Canadian servers, block anyone inside U.S. territory from using the site and make sure that you don’t use any American vendors for anything — stay completely away from anything having to do …

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There’s No Such Thing as Too Much Liberty

Some great books are the product of a lifetime of research, reflection, and discipline. Others are written during a moment of passionate discovery, with prose that shines forth like the sun when new understanding first brings the world into focus. The Market for Liberty is that second type of classic. Written by Morris and Linda …