There is an axiom libertarians use to talk about government spending; that which is economically unsustainable cannot endure. This applies to liberty projects too. I’m concerned that if our liberty projects are sustained by irrational exuberance, and not by actual economic incentives, these projects, maybe the movement itself, is unsustainable without the zeal of converts, because eventually the enthusiasm bubble pops. So, I contacted the activists behind some of the liberty projects that I support to hear their thoughts on the subject.Read more »
Criminals around the country are stealing an inordinate number of bottles of Tide laundry detergent. On the street, Tide is known as “liquid gold.” Harrison Sprague of the Prince George’s County, Maryland, Police Department says that his undercover agents are asking for drugs but being offered Tide instead. They are busting drug rings and finding more blue liquid than white powder. The driving force here is a war on the dollar. Carrying around vast amounts of cash raises questions among the authorities.Read more »
Bestselling author Tom Woods responds to radio host Mark Levin's attack on the prolific and crucially important free-market economist Murray Rothbard.Read more »
John Bush speaks at LibertyFest West on February 11, 2012.Read more »
Tom Woods calls this article "one of the most interesting and startling articles I have read in a long time."
In 2009, the Organisation for Economic Co-operation and Development (OECD), a think tank sponsored by the governments of 30 of the most powerful capitalist countries and dedicated to promoting free-market institutions, concluded that half the workers of the world -- close to 1.8 billion people -- were working in System D: off the books, in jobs that were neither registered nor regulated, getting paid in cash, and, most often, avoiding income taxes.Read more »
I have recorded an audo-version of the Declaration of Separation from anarplex. I was going to submit it to Hiro White of the cypherpunkd show on agoristradio.com, but Hiro has gone missing (for over 3 weeks now). Some good music by the Glitch Mob, ill-Esha and other mix artistsRead more »
A new website Silk Road has come on-line with an agorist philosophy. They sell illegal drugs using technology that makes both the client and server anonymous. Purchases are only through bitcoin, which is a non-government peer-2-peer virtual currency. Being peer-2-peer means that it is decentralized and nearly impossible to shut down. The article claims that it's like eBay or Amazon, where dealers are rated by clients thereby "certifying" sellers without government licensing.Read more »
Wired.com writes a great article about The Silk Road and Bicoin. Headline: Underground Website Lets You Buy Any Drug ImaginableRead more »
With cigarette prices up and the number of smoke-friendly places down, the black market for loosies is now thriving on the streets. Rarely does a minute go by without a customer stopping just long enough to pass a dollar bill to Lonnie Loosie, known to the police by his given name, Lonnie Warner, 50. “The tax went up, and we started selling 10 times as much,” Mr. Warner said.Read more »
This isn't an exhaustive list, by any means. But it's a list of 16 recent news items that spell trouble. From Wal-Mart itself warning people of inflation, to the fact that food manufacturers are quietly reducing the size of food packages (so that they don't have to raise prices ... for the time being), there's trouble on the horizon.
The author suggests not panicking, not worrying ... and looking to agorism.Read more »
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