How to Slow Economic Progress

On May 31, 2011, by Mises Institute Daily Articles (Full-text version)


If you want a monopoly, you don’t have to be buddies with the king. You can just go to the patent office.

What's Not to Like about a Regulatory Nudge?

On May 31, 2011, by Mises Institute Daily Articles (Full-text version)


Cass Sunstein is so anxious to push his theory of government that he distorts the reality to conform to his dreams.

In a Relationship, and It's Complicated

On May 31, 2011, by Mises Institute Daily Articles (Full-text version)


Wall Street, money-center banks, and government have worked together for more than a century. The worst manifestation has been the rise of imperialist foreign policy. Rothbard grasped the details of this relationship, which is more complex than simple conspiracy theory suggests.

Local Food Makes Strange Dining Companions

On May 31, 2011, by The Freeman | Ideas On Liberty

Ironically enough, while many so-called liberals express skepticism about laissez-faire economies, they are the first to indignantly resist intrusion by bureaucrats into local farmers’ markets.

Obama Should Follow FDR’s Example in Dealing with Generals, Not Lincoln’s

On May 31, 2011, by Ivan Eland

Barack Obama, a president with no prior military experience, has so far cowered in the presence of the military and U.S. defense establishment. The most recent example is the passing-over of Gen. James “Hoss” Cartwright to take over the job of Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, the number-one military man [...]

Worse Than a Third Bush Term?

On May 31, 2011, by Anthony Gregory

If in 2008 someone had said that Obama’s war policy would be more belligerent and costlier than another round of Bush’s, nearly no one would have believed it. Bush started a preventive war in Iraq, killing hundreds of thousands without any credible correlation to U.S. security, except perhaps a very negative one. He turned a [...]

US Uses Peace Talks to Divide Taliban from Pakistan

On May 31, 2011, by Gareth Porter

The leaked reports over the past two weeks of a series of meetings between U.S. officials and a Taliban figure close to leader Mullah Omar seemed to point to real progress toward a negotiated settlement of the war in Afghanistan. But in fact the talks are part of a Barack Obama administration strategy aimed at [...]

The Japanese Internment and the Betrayal of the ‘Progressives’

On May 31, 2011, by Justin Raimondo

As libertarians know, and most of the rest of us suspect, government lies are as ubiquitous as the air we breathe, and the higher up we go the bigger the deception. Most of the time, we get the truth – if we get it – from whistleblowers, or renegade journalists, but the most recent case [...]

Where Have All the Missiles Gone?

On May 31, 2011, by Peter Casey

Where have all the soldiers gone? Long time passing Where have all the soldiers gone? Long time ago Where have all the soldiers gone? Gone to graveyards every one When will they ever learn? When will they ever learn? – Pete Seeger Most Americans think the federal government better reduce its $14 trillion debt or [...]

Lawmakers Vote Against Raising America’s Debt Ceiling

On May 31, 2011, by Trevor Lyman

At the government’s current rate of spending, the U.S. will hit its debt ceiling in early August, unless Congress votes to raise the ceiling. Although House Republicans agreed to vote on a measure that would raise the debt limit, without spending cuts, the extension won’t pass – a truth President Obama has acknowledged. James Rosen [...]

Lawmakers Vote Against Raising America’s Debt Ceiling is a post from: Ron Paul, Gold, Liberty, News and more at BreakTheMatrix.com

Germany says no to nuclear

On May 31, 2011, by Sam Bowman

atomGermany is a land of environmentalists. The first successful green party in Europe, Die Grünen, won their first seats in the Bundestag in 1983 (compared to Britain’s first Green MP in 2010). And much German environmentalism revolves around the rejection of nuclear power. This, when taking into account Germany’s history, is not altogether surprising: Germany bowed out of World War II only four months before the first nuclear weapon was dropped on Hiroshima. Afterwards, in the Cold War era, a divided Germany found herself as the potential battleground of a full-scale nuclear war between NATO and the USSR. The seeds of nuclear-rejectionism were planted. After Chernobyl, the German neurosis took another knock.

Then, a few months ago, the fifth most powerful earthquake ever recorded struck Japan, promptly followed by one of the largest tsunamis in history. In the path of these natural disasters was an antiquated, poorly-designed nuclear plant called Fukushima. Was the building reduced to rubble by the earthquake? Nope. Did the subsequent tsunami turn it into radioactive driftwood? Not that either. Were hundreds killed? No. Only one person has been recorded as dying because of the disaster – of a heart attack.

I’m no expert on nuclear power, but it strikes me that Fukushima stood up remarkably well to the worst that mother nature could throw at it. Granted, the designs were not perfect, but improvements in last 40 years must have more than solved these issues.

However, hysteria is often far more attractive than common sense. Although not under any immediate risk of neither a magnitude 9.0 earthquake nor a tsunami, Germany immediately took its nuclear power-plants offline and ordered a review. Only after a few months of stating that Germany wouldn’t abandon nuclear power ‘on her watch’, Merkel allowed exactly this to happen and committed Germany to decades of increased energy costs and the importation of (nuclear) power.

In deciding to shut down all of its nuclear power-plants by 2022, the Chancellor has finally caved in to environmentalist scaremongering. No concrete plans have been laid out about to replace the 23% of formerly-nuclear energy, although it is almost certain that the emphasis will largely be on renewables. Business leaders have criticised this, stating energy costs could rise by 30%. At a time, of growing inflationary pressures, the German electorate may live to regret such decisions, especially considering that nuclear has a lower carbon footprint than wind and hydroelectric power. (PDF)

The German abandonment of nuclear energy is a sad example of a minority of sanctimonious Luddites reversing human progress. Cheap, nuclear energy, especially for one of the world’s greatest industrial powers, is the way forward. Instead, the irrational fears of an objectionable few will result in reduced prosperity for the majority.

Ich bin enttäuscht.

The Real Pledge of Allegiance

On May 31, 2011, by strike

(Editor’s pick)

Israel and Palestine

On May 31, 2011, by

The Jews demand a state, the Palestinians demand a state. The problem is the state! There will never be a resolution to this so long as both sides keep teaching their children  hate.

An End to the Ceasefire in Yemen

On May 31, 2011, by

The U.S. and Saudi Arabia are concerned the state of "anarchy" may enbolden Yemeni Al Qaeda. Like forcing "democracy" down their throats won’t do that.

Space

On May 31, 2011, by

Beautiful time lapse footage of space.

US Troops in Libya

On May 31, 2011, by

So much for that promise of no ground troops. " You Lie! "

On Entrepeunership

On May 31, 2011, by

The Freeman discussing free lunches.

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