Forty years ago last week, the Los Angeles Herald Examiner published my first attack on the federal drug war. The previous year, the Reagan administration had unleashed its “Just Say No” program, vilifying anyone who smoked a joint, sniffed the

Jesús Huerta de Soto, who is professor of economics at the Rey Juan Carlos University of Madrid, is the leading representative of the Austrian school of economics in Spain. He is a renowned teacher, and two of his many doctoral

South Africa is suffering from rolling blackouts and other power outages. These could be avoided if the government would permit competition in electricity markets. Original Article: "Licensing Laws Deepen South Africa's Electricity Crisis"

Mere days prior to its receiving renewed attention because of an ongoing civil war, Sudan and many other African countries were (and still are) being promoted by news organizations as citadels of suffering. Viewers are subjected to heart-wrenching images: The

J. Bradford DeLong, who teaches economics at UC Berkeley and was a protégé of Larry Summer's dislikes Austrian economics, which he sometimes assails on his blog. You might reasonably expect that for this reason, I will lambaste his book, which,

Ryan McMaken (RM): There is a lot of talk these days about the US losing its global monetary hegemony. But a lot needs to happen in terms of unwinding the present system before that can happen. At the heart of

[This article is excerpted from a 30,000-word memo to the Volker Fund, 1961. The full memo is available in Strictly Confidential: The Private Volker Fund Memos of Murray N. Rothbard edited by David Gordon.] The Road to Civil War The road to Civil

Not many are aware that one of the greatest works against the encroachment of the state originates from a German thinker. As early as the late eighteenth century, Wilhelm von Humboldt (1767–1835) raised the question of the general limits of