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Syria Shows How Interventionism Leads to More Interventionism

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COME TO CHARLESTON! The Ron Paul Institute and The Future of Freedom Foundation are co-hosting a conference on U.S. foreign policy in Charleston, SC, on Sunday, April 29, from 1-5 pm. Speakers: Ron Paul, Dan McAdams, Richard Ebeling, and Jacob Hornberger, with special guest Congressman Mark Sanford. Details here. *** President Trump’s decision to pull U.S. troops out of Syria lasted, I think, a day, maybe two. His quick reversal came after deep-state officials told him that exiting Syria was just not going to happen, at least not any time soon. Trump’s reversal has now been refortified after the Syrian government supposedly launched a chemical weapons attack on Syrian rebels. Far from exiting Syria, Trump is now indicating that he’s all in, even contemplating a military attack against the Syrian regime. The Syrian intervention is a classic example of how interventionism leads to more interventionism, which brings more death and destruction, which then leads to expanded government power, more out-of-control ...

Trump’s Trade War Destroys Our Freedom

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COME TO CHARLESTON! The Ron Paul Institute and The Future of Freedom Foundation are co-hosting a conference on U.S. foreign policy in Charleston, SC, on Sunday, April 29, from 1-5 pm. Speakers: Ron Paul, Dan McAdams, Richard Ebeling, and Jacob Hornberger, with special guest Congressman Mark Sanford. Details here. *** It is a fundamental economic axiom that trade raises people’s standard of living. That’s because in every trade, both traders are giving up something they value less for something they value more. As soon as a trade is completed, both actors have raised their standard of living, based on their individual, subjective valuations. You go to the grocery store and spend $100. You gave up the $100 to get things (groceries) that you valued more than the money. Your standard of living just went up. So did the standard of living of the grocer. He gave up something he valued less (the groceries) for something he valued more (the money). Therefore, ...

Paternalistic Follies of the 1960s

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Fifty years separate us, now, from 1968 and the two momentous legacies of the then soon to ending failed presidency of Lyndon Johnson: The declaring of war on America's supposed domestic ills in the form of the "Great Society" programs, and the aggressive military intervention in a real war in Vietnam. Both of these "wars" reflected the arrogance and hubris of the social engineer who believes that he has the power and ability to remake and direct society in his own preferred image. The Vietnam War still leaves a searing memory of a military conflict ten thousand miles away from the United States, which went on for more than a decade, and at the cost of 55,000 American lives and at least one million casualties among the Vietnamese people. It was a war that tore the United States apart unlike any other armed conflict in American history other than the Civil War of the 1860s. Hundreds of thousands of young men, ...

Reasons for Anti-Capitalism: Ignorance, Arrogance, and Envy

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Why is the free enterprise or capitalist economic system so widely disliked, hated and opposed? Given the success of the competitive market economy to “deliver the goods,” it presents something of a paradox. An economic system that has either radically reduced or even in some instances virtually eliminated poverty, that has created widely available opportunities for personal, social and ...