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The Goal Is Freedom: Individualist Collectivism

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Is the free market an individualist or collectivist social arrangement? Don’t answer too quickly. It’s a trick question. Most people — free-market friend and free-market foe alike — will answer “individualist.” And that makes perfect sense. The free market describes a political/legal environment in which individuals are at liberty to engage in any peaceful activity, with only force and fraud ...

Why Are Brothels Illegal?

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In contrast to the boring and predictable presidential candidates, there are some unusually colorful candidates who somehow manage to get into office each time there is an election. Actor Arnold Schwarzenegger was twice elected to the California governorship. Professional wrestler Jesse Ventura was elected governor of Minnesota. Singer Sony Bono was a member of the U.S. House of Representatives until his life was tragically cut ...

Don’t Trust the Feds’ Happiness Index

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The Obama administration is financing research to devise a new gauge for Americans’ happiness. A National Academy of Sciences panel is currently analyzing proposals for surveying Americans’ “subjective well-being.” But there are grave perils in any “national happiness index” Uncle Sam might concoct. Critics increasingly complain that the Gross Domestic Product does not accurately measure citizens’ quality of life. The ...