“Close” Encounters Of The Cop Kind

Drug Policy, Police Statism, Victimless Crimes
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Over the weekend there was a small health expo at my local YMCA (which also shares a building with a public elementary school). A variety of organizations had stands and booths–from golf and swimming coaches to dietitians and chiropractors. And, like civilized people, they would pitch their goods and services to passers-by. Unfortunately, this peaceful demonstration of entrepreneurialism and voluntary market demand was tainted by the presence of the police.

No fewer than five “cruisers” lined the edge of the parking lot. About a dozen police officers, in full regalia (guns, tasers, cuffs, baton, military boots) interacted with children who would ask one question about another, their eyes glazed over by the “magnificence” of “our” public “servants.” But the “law and order” monopolists would still had a gem to show the community. Parked on the grass a B.E.A.R. military-style vehicle was the center of attention. Mothers and fathers, sons and daughters were taking turns climbing on the truck of mass destruction.

I approached and listened to the guy inside tell a kid that he was the one in charge of holding the bullet-proof shield when they have to go “serve warrants” and that the guy you see right there (pointing across the parking lot) was the one whose job was to break doors open. Another officer (dressed in camo and looked like a military soldier but was a local cop) told a girl that they were there to help the good ones and take care of “the bad guys.” Meh.

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The NFL is Not for Libertarians

Business, Corporatism, Employment Law, Statism
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Tonight marks one of the more bizarre annual rites in the American worship of state power—the NFL Draft. I realize I may be alone in this characterization. Just this morning, Mises Institute president Doug French wrote a lengthy editorial celebrating the Draft. But I don’t share the public’s love of the fraudulent, anti-libertarian monstrosity that is the National Football League. As I see it, you can support liberty or the NFL, but not both.

The NFL is not a private enterprise in any free-market sense. It was at one time, but since the 1960s, it has steadily morphed into a subsidiary of the state. Admittedly, this process did not begin at the NFL’s insistence. In the 1950s, the Justice Department’s Antitrust Division decided to interfere with the rights of NFL franchise operators to make rules regarding the presentation of their games on the new medium of television. By 1961, the NFL was forced to lobby Congress for a special antitrust exemption just so it could sign its first national television contract. A few years later, a similar exemption was secured to permit the NFL’s merger with the American Football League.

In the decades following the merger, the NFL embraced its special status and started demanding municipal governments, rather than franchise owners, assume the financial risks of constructing new stadiums. Today, 23 of the 32 clubs have stadiums built no earlier than 1992. Most are financed primarily through taxes or government-backed bonds. Generally, NFL owners contribute only about one-third of the cost.

In Cleveland, for example, the city used bonds to pay for 75% of the cost of the Browns’ stadium, which opened in 1999. The team only pays $250,000 per year in rent to the city. Keep in mind, the new stadium was only built after the first Cleveland Browns franchise moved to Baltimore in 1995. Why did they move? Because then-Browns owner Art Modell, after financially mismanaging the team for years, needed a government bailout, which he received from the state-run Maryland Stadium Authority in the form of M&T Bank Stadium. And to get one step further back, the Maryland Stadium Authority came into existence only after Baltimore’s previous NFL team, the Colts, moved to Indianapolis when the latter city—through the Marion County Capital Improvement Board—offered the club’s owners a brand new stadium.

Even when owners pay for a share of construction costs, it usually comes in the form of long-term debt. Franchise sales in recent years have also been heavily leveraged. When Daniel M. Snyder purchased the Washington Redskins from the estate of Jack Kent Cooke in 1999, he paid a then-record $800 million, which included assumption of $155 million in debt on the stadium Cooke built just before his death and another $340 million Snyder borrowed from a European bank.

Without direct government financing in the form of taxes and municipal bonds, and indirect financing in the form of interest rates artificially manipulated by central banks, most of the NFL stadiums erected over the past 20 years would not exist, at least in their present forms. Nor would debt-fueled sales like Snyder’s been possible. …

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Laissez Faire Books Launches the Laissez Faire Club

(Austrian) Economics, Anti-Statism, Business, Education, History, Libertarian Theory, The Basics
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Laissez Faire Books

Laissez Faire Books (LFB) is a seminal libertarian institution that dates back to 1972, six years before I was born. In its heyday, it played a central role in the libertarian movement as the largest libertarian bookseller, a publisher of libertarian books, and an old-school social network, hosting social gatherings and other events. This was before my time.

I’d never bought a book from LFB until yesterday (the 19th). By the time I became a libertarian in my undergraduate years at Louisiana State University, after reading the work of Ayn Rand (starting with The Fountainhead) at the urging of a friend, I was able to learn about libertarianism and Austrian economics from a large and growing sea of resources online. I bought books from Amazon and the Ludwig von Mises Institute (LvMI), read online articles and blogs, and took advantage of the growing library of digitized books and other media put online and hosted by the LvMI.

Laizzez Faire Books was fading into irrelevancy and, I think, in danger of being shuttered for good as it was passed from new owner to new owner. Enter Agora Financial, the latest owner of LFB, and hopefully the organization that will oversee its resuscitation and return to relevancy. With Jeffrey Tucker at the helm as executive editor, the prospects for profitability, innovation, and spreading the message of liberty are exciting indeed.

Many, if not most, of you know Jeffrey Tucker as the editorial vice president who led the LvMI into the digital age, building it into the open-source juggernaut with a vast online and free library of liberty and a thriving community that it is today. We were sad to see him leave that beloved institution, but eager to see what he would do in charge of a for-profit publisher and bookstore. Now we’ve been given the first taste.

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Obama: more for thee, but not for me

Taxation, Vulgar Politics
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President Obama pays a lower tax rate than his secretary – the very sort of disparity which, according to his own staff, illustrates why the so-called “Buffett Rule” needs to be implemented so that the wealthy pay more.

But Obama won’t consider the idea of simply donating more to the Treasury to address the gap – oh no! “That’s not the way we operate our tax system, okay?” his campaign strategist says. “We don’t run bake sales. It’s not about volunteerism. We all kick in according to the system.”

He’s right. It’s not about “volunteerism.” It’s about violence. Pay your “fair share,” or the government will take it from you by force. They won’t even entertain the novel idea that if people wanted to give the government more money, they could – the Treasury Department will gladly accept their check! But that’s somehow less legitimate than pointing a gun at them and taking whatever the law decrees is “fair.”

And yes, I am reminded of the scene from Monty Python and the Holy Grail where the peasant observes “now we see the violence inherent in the system!” If only we had a government which derived its authority from a mandate from the masses…

Bonus reading: Matt Welch on the five new ways the IRS is screwing Americans.  Happy Tax Day!

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LibertariaNation [Italy] Interview with Kinsella on IP and Libertarianism

(Austrian) Economics, Anti-Statism, Corporatism, IP Law, Libertarian Theory, Podcasts
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I was interviewed Feb. 23, 2012, by Fabrizio Sitzia of the Italian libertarian group LibertariaNation.org. It was posted today on YouTube. We discussed intellectual property and related issues such as SOPA, plagiarism, IP-by-contract, and other libertarian issues such as prospects for liberty in the future; the importance of technology, the Internet, and globalism; Ron Paul and electoral politics; and libertarian sentiments and receptiveness among today’s young people. The audio file is here, and streamed below. (See also Italian Libertarian IP Debate.)

[C4SIF]

Now at KOL162.

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