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Laissez-Faire Today

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In Defense of Homeless Hot Spots

BBH Labs is an advertising agency that specializes in new and creative ideas for marketing products. But few ideas have ever generated the heat of one used this past weekend at the Austin, Texas, technology conference South by Southwest. Wireless networks are famously overcrowded at these events, and everyone is scrambling for a good connection. …

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Economics of the Timeline

Most of us hadn’t thought about Davy Jones of the Monkees in many years. Suddenly, he died at the age of 66 and we were all instantly living in his world. Tributes were everywhere. His YouTube videos were slammed with hits. Praise for his life and works appeared on blogs everywhere. People were honoring his …

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See the World Through Bonner’s Eyes

in the spring of 2012, Bill Bonner, founder of Agora Inc., took a break from his daily column in The Daily Reckoning, and, like hundreds of thousands of others, I went through withdrawals. Fortunately, I had a copy of his wonderful book, Mobs, Messiahs and Markets, to devour as I awaited his return. This is …

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Coercive Nannies

The term “nanny state” actually dates to the 1960s, and that’s not surprising. It was about this time that government ran out of ideas for improving society — it didn’t really improve us, but it claimed to — and turned its attention to hectoring us about all the things we do to ourselves that it …

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Put Those Kids To Work!

I was reading a wonderful set of small biographies of Gilded Age entrepreneurs and took note of something we all know once we think about it. These men and women worked in productive labor from an early age. They universally credit these early work experiments for instilling an ethic to stick to the job, be …

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The Free State Movement: Political Migration in Our Time

If you are willing to look past mainstream media coverage of American politics, you can actually find exciting and interesting activities taking place that rise above lobbying, voting, graft and corruption. Consider the Free State Project. It is an attempt, and a surprisingly successful one, to inspire a political migration by lovers to liberty to …

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Peter Schiff on American Citizenship

You have probably seen Peter Schiff on television, not once, but many times. Among the legions of indistinguishable talking heads out there, he stands out. He makes sense. He draws attention to reality. He is disregarding of the opinions and conventions that prevail on the financial news networks and just comes right out and says …

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Economic Lessons of Silly Putty

We loved it as kids — that amazing substance called Silly Putty. I recently found a version in a hotel room the other day, re-branded as Thinking Putty. It turns out that the names differ based on the targeted market segment. In any case, the whole phenomenon is curious. How it is that this seemingly …