Free Market Wealth Redistribution

(Austrian) Economics, Business, Humor
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Look at this video featuring a brilliant young entrepreneur who is engaging in the only proper way to redistribute wealth: with full consent from all parties. In this case, no doubt, he is helping to move money from the pockets of professional athletes, entertainers, and heirs into his own and those from whom he purchases goods and services.

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Look out for that bus!

Democracy, Humor, Vulgar Politics
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Pop quiz: What do Rod Blagojevich, Forrest Claypool, Samantha Power, Jim Johnson, Louis Farrakhan, Bernadine Dohrn, William Ayers, Tony Rezko, Trinity United Church of Christ, Father Michael Pfleger, Reverend Jeremiah Wright, Alice Palmer, and the Armenians all have in common?

Give up?

Answer: Barack Obama has thrown them all under the bus at some point.

Faustian Bargains: you're safer making them with the devil than with Obama.

Hey, Charles Rangel: welcome to the party, pal!

Barry and Charlie, best friends forev... DOH!

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Erecting Entry-preneurial Barriers

Business, Protectionism, Victimless Crimes
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The caption accompanying this NY Times article picture of a street vendor selling bottled-water reads “Many sidewalk peddlers are doing record business, though the city considers it against the law to sell water without a license.”

I think Brad Spangler’s timely Facebook status update expresses how one should react to this:

Note carefully that states will be glad to bust down doors, “sweep streets” and so on in order to combat the problem of child prostitution. What states will not do is stop making the only choice for many prostitution or starvation, by impoverishing the populace with taxes, regulation and the sclerotic choking off of economic opportunities other than prostitution.

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Tom Palmer on “The Case for Ordered Liberty Without States”

Anti-Statism, Private Security & Law
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Tom Palmer links to the written version of his 5 minute opening remarks at Mark Skousen’s FreedomFest earlier this month, “The Case for Ordered Liberty Without States.” Although he doesn’t like to use the term “anarchist” (see also Gil Guillory, Libertarians or Anarchists?), this is a nice short argument for the anarcho-libertarian position.

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Follow us on the new Digg

Admin Updates
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We’re on the new Digg. If you are too, you may want to follow us: http://new.digg.com/libstandard.

The new Digg allows us to import our blog feed, automatically digging each of our posts as they are published. You can follow other people and organizations just like on Twitter. This may just revitalize Digg and make it a personalized source of truly relevant news.

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