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Liberty and Power



  • Q&A on Obamacare

    by Liberty and Power

    A few days ago, via e-mail correspondence, I answered some queries about the new health-care-insurance law put to me by Marina Galisova, a reporter for the Slovak weekly magazine Tyzden. It seems that this interview has formed the topic of an article in the magazine, although I cannot be sure because I cannot read Slovak. In any event, on the assumption that not many readers of The Beacon can read Slo

  • Breaking Up Big Banks?

    by Liberty and Power

    Now that Congress and the Obama Administration have succeeded in making U.S. health care even worse than it was before--which result, when it becomes evident over the next few years, will simply become an excuse for still more counter-productive, government intervention--they will no doubt set their sights on"reforming" the financial system. One idea that has appealed even to some market advocates is breaking up the big banks. Doing so would allegedly undermine"too big too fail" both directly an

  • Nothing Outside the State: Part II

    by Liberty and Power

    In a recent post, I sketched the vast expanse of economic and social life that state functionaries (at all levels and in all departments and agencies of government) reach by their direct participation, regulation, surveillance, or manipulation by means of taxes and subsidies. No such sketch, however, can convey the actual mass of the government’s engagement in areas and aspects of life where private individuals and institutions once had decis

  • You Say You Want A Revolution? Think Again

    by Liberty and Power

    The right to rebellion is sacrosanct in America, the completely humane, just, and natural right of any man to break bonds with another is embodied not only in our very Founding but in our divorce laws, too. No American would consent to law making marriage an indivisible, eternal commitment; we refuse any compulsion to remain wedded to the girl of our nightmares, let alone the likes of Hillary Clinton and John McCain. Anyone who questions the right of divorce and (if made necessary by the politic

  • What They are Voting For

    by Liberty and Power

    During the next election the voters in California will have a chance to improve the quality of life in their state by casting ballots to end marijuana prohibition. The office of the Secretary of State has certified that proponents of the Regulate, Control and Tax Cannabis Act of 2010 have gathered enough signatures to make it part of the poll in November. According to