Aggregating the best in libertarian news daily from a number of leading sites:
The Beacon, FEE, Laissez-Faire, Lew Rockwell, Personal Liberty,
Reason, Scott Adams & Sex & The State. See our Sources

A Plea for Do-Nothing Government

Nothing promotes bad public policy as much as disaster. An economic depression gives rise to demands for Keynesian “economic stimulus” spending; elevated rates of unemployment among low-skilled workers give rise to demands for increases in the legal minimum wage; shortages of goods and services caused by floods, hurricanes, tornadoes, and other such acts of…
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Wonder Woman Schools James Cameron on Strength in Character

The dust up prompted by iconic filmmaker James Cameron’s critical comments of Wonder Woman, and by implication, director Patty Jenkins, may have triggered a long overdue discussion over the validity of gender stereotypes in Hollywood. Cameron called Wonder Woman, the summer blockbuster, “a step backwards” for strong female characters in an interview with The…
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Principal-agent Theory and Representative Government

In recent decades economists have devoted great efforts to the analysis of the principal-agent problem (see for example Milgrom and Roberts 1992 and the Wikipedia article on “Principal-agent Problem”). This area of study has to do with the incentives and disincentives of an agent acting on half of a principal that he is presumed or…
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Localize, Don’t Federalize, Educational Choice

Parental choice in education has many advantages, as we see in the growing majority of states with choice programs. Yet using the federal government to expand educational choice is risky, as The Heritage Foundation’s Linsdey Burke, The Cato Institute’s Neal McCluskey, and I explain in our Washington Post editorial. The Trump administration has made clear that it wants to…
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Europe’s Lessons for Economic Growth

A bird’s-eye view of the Eurozone economies a decade after the financial crisis invites three conclusions: Governments that made unpopular free-market reforms are already reaping the fruits; families and businesses are acting more sensibly than their governments; last but not least, people have behaved much differently than the European Central Bank (ECB) intended. The…
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The Double Tax on Saving

In an earlier post I argued for expanding tax-deferred retirement accounts because they eliminate the double tax on saving that exists under the current tax system. Here is the basic idea. People earn income and pay income tax on that income. If they save it and then earn interest (or dividends, or capital gains,…
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Parental Choice Smear Campaign Falls Flat

Opponents of parental choice in education have been in overdrive portraying private school scholarships (and by association, those who support or use them) as racist to diminish their popularity. Results from a new national poll suggest opponents’ strategy isn’t working. According to the 11th annual Education Next  poll public support for a variety of private…
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