Real Democracy Requires a Separation of Money and State

As we enter a new year, the running battle between the world’s governments and the world-changing technology known as “cryptocurrency” continues. As 2019 drew to an end, Swiss president Ueli Maurer asserted that Facebook’s digital currency (not a real cryptocurrency), Libra, has failed “because central banks will not accept the basket of currencies underpinning it.” Politicians want to regulate — or, if possible, kill — cryptocurrency.

Rose Wilder Lane: Pioneer of Educational Freedom

My eight-year-old daughter Abby recently started reading Little House in the Big Woods by Laura Ingalls Wilder. It was prompted, in part, by watching the Little House on the Prairie television episodes with her great-aunt. Coincidentally, I have been reading more lately about some of the key women in history who promoted the ideals of individual freedom, limited government, non-coercion, and voluntary cooperation through trade. Rose Wilder Lane is one of these women. She was born on this day in 1886.

Life in the Cherry Pie Factory

Jokesters will often imply that incompetents would fumble the making of a cherry pie.  Often those incompetents are assembled into a statist bureaucracy.  But while an association between the postal minions and degraded service is too often accurate, statism does not have a corner on screw-ups.  The difference is, among other things, that the bureaucrat institutionalizes the screw-up, but the entrepreneur learns from it.