Economists often deplore the corruption in developing countries, but when institutions are corrupt, don't expect people to have the incentive to be honest.
Not satisfied with putting thousands of people out of work with its infamous AB 5 legislation, California lawmakers now are going after fast-food businesses.
The recent raid on Donald Trump's Florida home is one more event in Democrats and Never Trumpers' never-ending attempt to have Trump arrested, convicted, and imprisoned. Our political classes are unleashing something that cannot be contained.
The government of the United Kingdom is using coercive means to promote its dubious goals of "diversity and inclusion." In the end, freedom recedes while state power increases.
Vladimir Putin (not unlike President George W. Bush) has led his country into a destructive war, yet the Russian political leadership enjoys wide public support.
A libertarian view of the law by definition means that there can be no immunity from legal consequences. Anything else perverts the very meaning of law.
Is this trend toward soft secession necessarily illiberal? Is the potential for creating more states or political subdivisions, even if smaller and less sclerotic, moving us further from an idealized Hoppean private community model?
The federal government, along with pharmaceutical, alcohol, and tobacco companies have spent money trying to put the legalization genie back in the prohibition bottle, so any argument or propaganda will suit their purposes.
Ultimately, we are responsible for ensuring our own security and our incentives are aligned with those of third parties with whom we can contract to assist us. In this regard, security is no different than many other desirable things.
