Aggregating the best in libertarian news daily from a number of leading sites:
The Beacon, FEE, Laissez-Faire, Lew Rockwell, Personal Liberty,
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Is the Largest Cost of Federal Regulation Not Measured? Insights from the (Growing) Wells Fargo Bank Scandal

A widely-cited study by W. Mark Crain and Nicole V. Crain estimates the cost of complying with U.S. government regulations at a staggering $2 trillion per year, an amount equal to 12 percent of gross domestic product. Annual compliance costs average about $10,000 per employee. Businesses in the service sector shoulder the biggest burden…
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Thoughts on the Trinity Lutheran Case and SCOTUS

The media has been reporting on the arguments in Trinity Lutheran Church v. Comer, the so-called “playground case.” I’ve had a chance to examine the briefs and arguments and wanted to share these thoughts. First, a bit of background. The state of Missouri operates a program whereby it reimburses nonprofits when they install rubber…
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The Fed’s Inflation Fixation

The Federal Reserve has an inflation target of 2% per year. That target appears to be a minimum: They are concerned when inflation falls below their target but appear to be content with inflation above 2%. The current inflation rate from March 2016 to March 2017, measured by the Consumer Price Index, is 2.4%….
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Sanctuary Cities and Federal Dollars

Sanctuary Cities are in an uproar over President Trump’s executive order promising to withhold federal money from “sanctuary jurisdictions.” They are seeking court intervention to nullify the order. Sanctuary cities, as a general matter, prohibit local cops from cooperating with Immigration & Customs Enforcement agents, forbid the local cops from notifying the feds regarding…
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Venezuela’s Inferno

The decision by Venezuela’s Supreme Court, a political poodle of President Nicolás Maduro, to take over the powers of the opposition-controlled National Assembly, has sparked off massive demonstrations that the government’s vicious repression has been unable to stop. Although the decision was reversed a day later, the spirit of rebellion has proven resilient. Three…
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Happy Birthday Mr. Jefferson!

April 13, 2017, marks the 274th anniversary of Thomas Jefferson’s birth. Most Americans know him as the drafter of the Declaration of Independence, third president of the United States, and founder of the University of Virginia. While these are great accomplishments, what we should really remember him for in this age of centralization are The…
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