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

Consent of the Governed, Revisited

What gives some people the right to rule others? At least since John Locke’s time, the most common and seemingly compelling answer has been “the consent of the governed.” When the North American revolutionaries set out to justify their secession from the British Empire, they declared, among other things: “Governments are instituted among Men,…
Read More »

Read More →
Knowledge Better Left Unknown

They say that a little knowledge is a dangerous thing. About certain things, however, any knowledge at all is dangerous and potentially fatal. One such piece of purported knowledge pertains to the size distribution of income and wealth. This knowledge serves no good purpose; it is wholly unnecessary for defensible government policy or action….
Read More »

Read More →
A Poor Politician

“Un político pobre es un pobre político” is a well-known Mexican aphorism attributed to Carlos Hank González. My translation: a politician who is poor is a poor politician.” Bill and Hillary Clinton certainty took that maxim to heart, as have nearly all other politicians who ever got their filthy mitts into the Treasury and…
Read More »

Read More →
Transcending Government — Consensual Governance and New Technology

“Any useful statement about the future should at first seem ridiculous.” –Jim Dator Humans are three-dimensional animals. They require physical space to live, work, and play. Over thousands of years, humans built physical communities of different shapes, sizes, and compositions to accommodate their three-dimensional existence. But increasingly, humans are also building virtual communities that…
Read More »

Read More →
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…
Read More »

Read More →