VIDEO: Quantitative Easing Explained


The Federal Reserve considers another round of quantitative easing.

Phillip Smith: Perry And Romney Are Proud Drug Warriors

while Ron Paul and Gary Johnson are drug war foes. Two of the leading contenders for the Republican presidential nomination sought to win votes by talking tough on drugs this week, with Texas Gov. Rick Perry calling for unmanned drones to overfly the US-Mexico border and former Massachusetts Gov. Mitt Romney saying the war on drugs must ... MORE

VIDEO: What Ever Happened To The Constitution?


Disregard for Constitutional principles has led to coming chaos.

Damon W. Root: ObamaCare and Strict Scrutiny

The long slow death of conservative judicial restraint. In his recent opinion upholding the constitutionality of the Patient Protection and Affordable Care Act’s mandate that all Americans purchase health insurance, conservative 6th Circuit Judge Jeffrey Sutton adopted what used to be a very common conservative legal position: judicial deference. The battle over    ... MORE

Thomas Sowell: For Whom The Bell Tolls

The sour fruits of political correctness. The orgies of violent attacks on strangers in the streets — in both England and the United States — are not necessarily just passing episodes. They should be wake-up calls, warning of the continuing degeneration of Western society. As British doctor and author Theodore Dalrymple said, long before these riots broke out, “The good ... MORE

John Stossel: The GOP Race Heats Up

Surveying the 2012 Republican field. Did we learn anything from last week's Republican presidential debate? I heard the usual platitudes like "bring people together," but there was also plenty of talk about the private sector. I liked that. So did the guests on my show. One was Steve Forbes, himself a former candidate for the GOP nomination: "We got first the principle: ... MORE

Todd Myers: Feel-Good Policies Replace Science

Eco-Fads take center stage. The photo takes more than a full page of the magazine and it is stark. It shows acre upon acre of decaying tree stumps, a barren area where a mighty forest once stood. Only a small patch of trees remains, sitting on a mound of dirt. The caption underneath the photo reads “Clear-cut land in Washington.” Published in 2002 by the magazine ... MORE

VIDEO: Are The Poor Getting Poorer?

Tim Cavanaugh: How Long Will It Take Keynes To Die?

Ignorance is a stubborn beast. It’s been many years since I’ve read The New York Times. Like most readers, I got discouraged by the shrinking page size, the self-confident erroneousness that becomes apparent whenever America's newspaper of record covers a topic I’m familiar with, and the lack of a comics page. Sure there are occasions when you can’t avoid it—usually when ... MORE

Jacob Sullum: The Power To Mandate Almost Anything

Looking for limits. Opponents of the federal law requiring Americans to buy government-approved medical coverage face a daunting challenge. Because the U.S. Supreme Court has treated the power to "regulate commerce…among the several states" like Silly Putty since the New Deal, explaining why it cannot be stretched to cover the health insurance mandate is harder than you ... MORE

VIDEO: John Stossel - Abolish Drunk Driving Laws


Tyranny wrapped in pretty paper. Police roadblocks are an effective means of trolling for fineable offenses and combatting that pesky Constitutional obstacle, probable cause. Like anti-terrorism laws and the TSA, drunk driving laws provide law enforcement with a mandate to arbitrarily violate individual liberty.