Writing pseudonymously in a series of articles for Faith and Freedom in the 1950s, Murray Rothbard took on the question of whether or not the United States should defend Formosa (Taiwan) from attack by mainland China. While his conclusions will surprise no one familiar with his work (that war is the health of the state, that individuals concerned with the fate of Taiwan should do as they will privately, but that their lives and property are not for the government to...
Read More »Yen Recovers from New 2023 Low, while Sterling Sets a New Low for the Month
Overview: The dollar is bid. Only the Japanese yen is holding its own against the greenback but only after it fell to new lows for the year. The Scandis and Antipodeans are the heaviest among the G10 currencies, while sterling has fallen to a new low for the month. The prospect of a rate hike tomorrow has not protected the New Zealand dollar much and it is off nearly 0.5%. Emerging market currencies are more mixed. Outside of the Russian rouble, the South Korean...
Read More »Washington Has No Moral Authority to Ban Guns
Another mass shooting, another call for gun control. However, when it comes to mass killings, Washington sets the sorry example. Original Article: "Washington Has No Moral Authority to Ban Guns" [embedded content] Tags: Featured,newsletter
Read More »Committing Domestic Violence against Men . . . Just for a Giggle
Decades ago, Hollywood brought the neglected problem of domestic violence (DV) against women into the spotlight and helped to create cultural change. Today, Hollywood encourages people to dismiss or laugh at the neglected problem of DV against men. After all, the man must have had it coming; either that or he is too weak to stand up for himself and so deserves no sympathy. A general acceptance of women beating up men continues. A recent episode (aired on April 20,...
Read More »Shedding Light on the Law of Unintended Consequences
It is the right of the consumer, not the regime, to determine what lighting sources work best for them. Original Article: "Shedding Light on the Law of Unintended Consequences" [embedded content] Tags: Featured,newsletter
Read More »The Drug War: An Irrational Crusade
It’s been over five decades since the war on drugs began in the United States, and billions of dollars coerced from taxpayers have been spent on this frivolous operation. The General Accounting Office’s report found that the Drug Abuse Resistance Education (DARE) program did not deter youth from drug abuse. How exactly has this war benefited taxpayers when drug use has increased, and more potent drugs are being consumed? Even the diabolical Charles Manson distributed...
Read More »The Dollar Consolidates after Powell Sapped its Mojo
Overview: Federal Reserve Chair Powell's offered a stronger case for a pause in the monetary tightening before the weekend and this sapped the dollar's mojo. The greenback is mostly consolidating through the European morning in quiet turnover. The JP Morgan Emerging Market Currency Index is trying to snap a four-day decline. The South African rand is recovering from its recent slide and is up nearly 1%. The South Korea won is benefitting from China's decision to...
Read More »Kanton Zug Increases Maximum Tax Payment Amount With Cryptos to CHF 1.5 Million
The Canton of Zug is increasing the transaction limit for tax payments with the cryptocurrencies Bitcoin and Ether from CHF 100,000 to CHF 1.5 million with immediate effect. This measure will facilitate access to digital means of payment and meet the increasing needs of Zug’s population and companies. Heinz Tännler “We are proud that the Canton of Zug has been a pioneer in the use of cryptocurrencies for years. With the increase in the transaction limit, we are...
Read More »Is Social Justice Just? A Review
Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end? Original Article: "Is Social Justice Just? A Review" [embedded content] Tags: Featured,newsletter
Read More »The Dominion Lawsuit against Fox News Is Part of the War against Free Speech
Taxpayer-funded company Dominion is suing private parties for saying things the company doesn't like. These lawsuits illustrate how defamation laws can be used to destroy free speech. Original Article: "The Dominion Lawsuit against Fox News Is Part of the War against Free Speech" [embedded content] Tags:...
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