The Simplicity of Sound Money

Editor’s Pick. Written by Patrick Barron. Understanding today’s convoluted domestic and international fiat monetary system frankly requires a great deal of time and study. One must understand fractional reserve banking, and the way this system affects the money supply. One must understand the multi-step process by which banks create money out of thin air. One…

End the Fed?

Editor’s Pick. Written by Christopher Zimny. Directly ending the Federal Reserve System through legislation is the wrong goal, both morally and practically, for those who oppose the Fed. Rather, we should be concerned with abolishing the legal tender laws that largely force us to use Federal Reserve notes. If this is achieved, the Fed will…

Don’t Be a Warrior

Editor’s Pick. Written by Jacob Lyles. Do not think of yourself as a warrior or imagine that the world is filled with enemies. It is too easy for the young soldier to declare war on the wrong target – it is surprisingly difficult to choose the right ones. Many intelligent and honest people find themselves…

Why Do People Submit to Governments?

Editor’s Pick. Written by Mark Stoval for his personal blog. One of the most important insights is that all political states, benign or tyrannical, exist on a foundation of popular consent. The state is a coercive, aggressive monopoly managed by a committee of armed parasites. Rothbard’s “gang of thieves writ large”. Governments are populated by…

The Motives of Public Officials

Editor’s Pick. Written by Scott McPherson for FFF.org. It is not uncommon for critics of the free market to allege that for-profit providers of services have an interest, not in solving problems, but rather in prolonging them. Why would the medical industry cure cancer, heart disease, or AIDS, for example, when it would just be…