A couple of days ago in Japan, Ben Bernanke said that the benefits of low interest rate policies that politicians want “are not sustainable and will soon evaporate, leaving behind inflationary pressures that worsen the economy’s long-term prospects……thus political interference in monetary policy can generate undesirable boom-bust cycles that ultimately lead to both a less [...]

Since the rise of Hugo Chavez, Venezuela has become a superstar of sorts. It frequently makes headline news, whether due to some type of utility shortage, some political scandal, or a corruption case. The most common perception of Venezuela is one of economic peril. Indeed, analysts have been predicting the government’s collapse since at least [...]

On May 3, 2010, I gave a talk to a class of students studying public health policy at the University of Washington. I began the talk by asking the students how many of them believed that the current healthcare system in America was flawed; everyone in the class raised their hand. I then asked how [...]

Copyright law’s grip on film, music and software barely touches the fashion industry and fashion benefits in both innovation and sales, says Johanna Blakley. At TEDxUSC 2010, she talks about what all creative industries can learn from fashion’s free culture.

VN:F [1.6.9_936]please wait…Rating: 0.0/5 (0 votes cast)

TURTLE LAKE, Wis. — What was he supposed to do?
It’s not a question so much as a challenge. A challenge to anyone who thinks Lenny Miller was wrong to booby-trap his cabin with a shotgun.
Three times in eight months, the cabin had been burglarized.
His hunting rifles were stolen. His fishing gear, too. And his tackle [...]

Thanks to Tarrin Lupo of Low Country Liberty Report for compiling these ads of former Libertarian Presidential Candidate Harry Browne.

VN:F [1.6.9_936]please wait…Rating: 0.0/5 (0 votes cast)

Washington drug agents have illegally seized signed petitions for marijuana legalization, according to organizers of ballot initiative I-1068.
Marijuana advocacy group Sensible Washington says it has learned that a dozen signed copies of the marijuana legalization initiative for Washington State of which it is the sponsor, were seized last week by the federally-funded WestNET drug [...]

The U.S. Veterans Administration (VA) recently adopted a policy prohibiting VA physicians from recommending medical marijuana to their patients, even if marijuana is the safest and most effective medicine to treat Post-Traumatic Stress Disorder (PTSD) and other service-related conditions.
No doubt the policy stems, in part, from the VA’s efforts to address the serious problem of [...]

The groundbreaking study showing how the City of Oakland could make $2 million per year licensing a medical cannabis growing warehouse caught many locals by surprise this week. Even though city officials and the cannabis industry are looking toward licensing large-scale grows allowed under state law SB 420, the hard numbers appear to be the [...]

In his high school yearbook photo, President Barack Obama sports a white leisure suit and a Travolta-esque collar whose wingspan could put a bystander’s eye out. Hey, it was 1979.
Maybe that explains the rest of young Barry’s yearbook page, with its “still life” featuring a pack of rolling papers and a shout-out to the “Choom [...]

I assume that you know how the banking system developed and how the banks could improve the services rendered by gold, by transferring assets from one individual to another individual in the books of the banks. When you study the development of the history of money you will discover that there were countries in which [...]

A specter is haunting the world, and especially Europe: the specter of a sovereign insolvency. The acute sovereign-debt crisis is largely the result of government interventions in response to the financial crisis.
As Austrian business-cycle theory explains, the credit expansion of the fractional-reserve-banking system had caused an unsustainable boom. At artificially low interest rates, additional investment [...]

Originally found at Young Americans for Liberty
VN:F [1.6.9_936]please wait…Rating: 0.0/5 (0 votes cast)

In the same week that Colorado lawmakers approved a bill increasing regulations on medical marijuana dispensaries, 49% of the state’s voters say the drug should be legalized and taxed.
The latest Rasmussen Reports statewide telephone survey of Likely Voters shows that 39% do not think marijuana should be taxed and legalized in Colorado. Another 13% are [...]

When most people discuss how the Federal Reserve benefits the big banks, they usually only focus on the ways that the Federal Reserve directly brings in income. But there is so much more to it than that. The truth is that the Federal Reserve is used in a whole variety of ways to [...]