NBC's The Blacklist: Why Reddington Is Better than the State

“Never trust a criminal… until you have to,” is the official motto of The Blacklist, the American crime-thriller television series that premiered on NBC on September 23, 2013. But the real lesson of The Blacklist is “never trust the government… even if you have to.” Not many shows are both […]

America Needs a Good, Old-Fashioned Economic Depression

Describing what he called the “crack-up boom,” Ludwig von Mises, the great Austrian economist, said: The boom cannot continue indefinitely. There are two alternatives. Either the banks continue the credit expansion without restriction and thus cause constantly mounting price increases and an ever-growing orgy of speculation — which, as in […]

FTC Cracks Down on Sponsored Content

The Federal Trade Commission has recently been investigating sponsorships between video game developers and popular internet personalities known as “influencers.” The parties under investigation include sponsors like Warner Bros. as well as influencers like Felix Kjellberg—better known by his online moniker PewDiePie—creator of what is to date the most subscribed-to […]

Brazil's Lost Decade: We Must Free Our Economy

It was a lost decade for Latin America. Years of populist governments combined with a commodity boom turned out to be our oil curse, our Dutch Disease. This disastrous mix made bad public policies look like temporary successes, pushing developing countries to an unsustainable path. The collectivist ideology monopolized the […]

When Guerrilla Warfare Can Succeed — And When It Will Fail

Murray Rothbard was relatively fond of guerrilla warfare. He wasn’t fond of war, of course, which he considered to be synonymous with mass murder, but he believed guerrilla warfare — conducted by non-state institutions — to be more morally legitimate than state-centric conventional warfare.  Modern warfare, after all, is primarily […]