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The Middle East Harvests Bitter Imperialist Fruit

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The wall-to-wall coverage of the disintegration of Iraq ought to carry this credit: “This bloodshed was made possible by the generosity of British and French imperialists.” The stomach-wrenching violence in Iraq — not to mention the horrendous civil war in Syria, the chronic unrest in Palestine/Israel, and problems elsewhere in the Middle East — are direct consequences of the imperialist ...

Fed Follies: Central Bank Continues to Force Economy in Wrong Direction

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For more than a decade, now, Federal Reserve policy has been guided by the fear of one economic bogyman: the presumed danger of “price deflation.” The fear is unfounded and the inflationary “solution” only leads to disaster. During Alan Greenspan’s and Ben Bernanke’s watches at the helm of America’s central bank and now under Janet Yellen, the claim has been ...

TGIF: “The Police Force Is Watching the People”

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Political philosophy — the libertarian philosophy included — can take you only so far. The libertarian philosophy provides grounds for condemning aggression, that is, the initiation of force, and along with some supplemental considerations, it identifies in the abstract what constitutes aggression, victimhood, and self-defense. But the philosophy can’t identify the aggressor and victim in particular cases; relevant empirical ...