Blog Archives

Decriminalize the Average Man

In 2003, “three pickup trucks” with “six armed police in flak jackets” pulled up to 66-year-old George Norris's house in Texas. Norris was detained for four hours while they ransacked his home and confiscated 37 boxes of possessions without offering a warrant or an explanation. In March 2004, Norris was indicted under the Convention on…

Ron Paul Calls Out Herman Cain For Lie Over Fed Audit During GOP Debate

At the GOP Bloomberg/Washington Post debate Tuesday night, Ron Paul, the longest-serving advocate of a Fed audit in Congress, asked Herman Cain, a former director of the Kansas City Fed, why he opposed an audit of the central bank, and why he called advocates of such an audit ignorant. “Mr. Cain, in the past you…

A Nobel for Thomas Sargent

No matter how skeptical one is of the authority of “experts,” it’s hard to avoid paying at least some attention to the people who award the Nobel prize—especially when they give one to someone who tends to support some things one tended to believe already. So it is in the case of Thomas Sargent, the…

Costa Rica Unveils Most Burdensome Speed Camera Program Yet

Since September 8, motorists in Costa Rica have been racking up speed camera fines worth 308,295 colones (US $600) each. Sixteen speed cameras have been flashing around the city of San Jose at a rate of a thousand per day as part of the brand new program. Those fines — among the world’s highest —…