The growth of federal regulations over the past six decades has cut U.S. economic growth by an average of 2 percentage points per year, according to a new study in the Journal of Economic Growth. As a result, the average American household receives about $277,000 less annually than it would have gotten in the absence of six decades of accumulated regulations—a median household income of $330,000 instead of the $53,000 we get now. Read The Full Story
The Libertarian Party applauds the U.S. Supreme Court’s decision today to strike the Defense of Marriage Act (DOMA), a federal law that discriminates against non-heterosexual marriages.
The Libertarian Party has supported marriage equality since its founding in 1971. Read The Full Story
Below is my column today in USA Today on the criminal complaint against Edward Snowden. I have been criticizing the charge under the Espionage Act as abusive and a mistake by the Administration. President Barack Obama has been criticized for years for his use of the controversial 1917 Act. He is responsible for six of the nine total indictments ever brought under the Act. More than all presidents before him and putting Richard Nixon to shame. He has used the act against sources for journalists and only recently was criticized for the attacks on the free press under his Administration. I do not question the basis for prosecution of Snowden for the disclosure of classified information or any theft of such documents. However, the effort to put him away for life does raise an interesting contrast with prior cases, which is the subject of today’s column (slightly expanded from the print version). Read The Full Story
How does the government finance the surveillance that has been in the news lately? Privacy violation is such a tiny symptom. Governments seek to exert power and control over their citizens. This is made possible only by the collection of taxes and the coercive monopolization of public services, such as courts, army and police. There is no such thing as private property in a government society, despite our government's attempt to make us think there is. Surveillance and data-gathering has been going on as long as there have been governments, and will continue as long as there are governments. It is part and parcel of government's modus operandi to keep tabs on what we create and what we are doing. Read The Full Story .
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