Is Democracy really all its cracked up to be? Does Hong Kong really need it? That’s the question Chris Campbell ponders today as he observes the protests in Hong Kong. Hong Kong has enjoyed low taxes, free business and trade, and high social freedom without our favored system of governing.
The government is on a mad race to create a vaccine for Ebola. What they aren’t telling you is that, in 2003, they may have found a way to beat it naturally. According to one unclassified government document, this little-known plant beat Ebola 90% of the time. Why isn’t the government developing it? Read on…
The mainstream media has been complacent in reporting the truth about Ebola. They’re not telling the truth about how dangerous the Ebola situation really is. Because of this, millions of lives are at risk. Inside today’s Laissez Faire Today, learn what the mainstream should be telling you about how to protect yourself in the case of an outbreak in the United States. Read on…
Writing a book? Chris Campbell shows you three secrets to successfully self-publishing. Secrets including, how to get a professional-looking cover for as little as $5… how to format your book to get people to love it and buy your next one… and how to market your book to hundreds of thousands of people -- absolutely free. Read on…
One CIA insider visited our Baltimore HQ yesterday. While here, he leaked 30 potential events to cause the next financial avalanche. Even more, he also gave us several ways everyday Americans can thrive because of these events. Why did he impart so much valuable information? Find out in today’s Laissez Faire Today. Read on…
Instead of letting you choose, the government has found it fit to force one potentially dangerous medication on you and your family. Where is it? In your drinking water. Even more outrageous: While Uncle Sam forces medication down your throat, he also says you have no right to choose your own milk. Chris Campbell has all the details. Read on…
ISIS’ spokesperson is a kid from Calgary who wants to “paint the White House black.” In today’s Laissez Faire Today, Chris Campbell asks one question none of the “officials” seem to care to ask: Why? Why are foreigners flocking to the Middle East to fight alongside ISIS? Why is Saudi Arabia so keen on getting involved? How far does Obama really want to go? Find out inside. Read on…
If you’ve ever wanted to expose some heinous crime against humanity, here’s your chance. In today’s Laissez Faire Today, Chris Campbell shows you how to make sure the world accesses to your leaks, even if something happens to you. Chris also shares why this is probably a terrible idea. Read on…
America has about 4% of the world’s population, yet houses 25% of the world’s incarcerated. What’s going on here? Chris Campbell digs deep into the industry to figure out the truth. While many blame the private prison industry, the real culprit, says Chris, begins right outside your door. Read on…
When Obama first announced U.S. airstrikes in Iraq, most people have no idea that it was to destroy U.S. military equipment in the hands of ISIS. How did ISIS get U.S. weapons? Chris Campbell blows the story wide open in today’s Laissez Faire Today. Read on…
Every 37 seconds, an American is arrested and criminalized because of one racist and ridiculous law. Join Chris Campbell as he takes you back to when marijuana became illegal… why it’s hurting America… and why you should fight to end the prohibition. And it’s not so you can smoke it. Read on…
An ancient guide has been in hiding… until now. As it dusts itself off, some early adopters are calling it “the definitive text on self-discipline, personal ethics, humility, self-actualization and strength.” And, according to Chris Campbell, it could be the only thing you need to thrive in our day-to-day life of modern chaos. Embrace it, and become the hero of your own story. Ignore it, and risk living a whimper of a life on someone else’s terms. Read on…
Think it’s impossible to escape Obamacare? Think again. Laissez Faire Today reader David F. shares how he did it and how you can do it too. Don’t see another doctor, take another pill, or shop around for better medical insurance until you read his story. Read on…
“What… is… that?!”That’s what one colleague asked when she saw this on my desk…My face, according to 3-D printing“My face,” I said. “What does it look like?”“Uh…”OK, sure. It’s a rough depiction. Eh. It’s pretty choppy…And, as you can see, the glasses didn’t really take well… making for an eerie sunken eye look.Didn’t really turn […]
“While I heartily subscribe to your premise of pursuing one’s dream,” one reader, Donald J., wrote, “there are alternate perspectives worth considering.”[We’re listening… go on.]“Some wiseguy once said that life is what happens to you while you’re waiting for something better to come along. Milton put it a little more poetically in one of his […]
“Where were you when it happened?” How many times have we been asked -- and asked -- this question since 2001? Today, Chris Campbell asks us to pose a different question: What can I do today to making Sept. 11 another turning point in my life? And then, of course, taking that first step. Read on…
Chris Campbell got more than he bargained for during Sunday brunch. In a packed restaurant, he learned about a hidden sex boom that’s taking the world by storm. You won’t believe how much money ordinary Americans are making in this boom. It’s so much…you may even consider cashing in yourself.
“Nowadays to be intelligible is to be found out.” — Oscar WildeIn the wacky world of American politics, if you as an employer have a religious objection to paying for your employees’ contraceptives, it is you who is contemptuous of religious freedom.As the New York Times editorial board lectured a judge who thinks otherwise, “the […]
Socialism is the big lie of the 20th century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may […]
Six months ago, I stepped out from the shadows of the United States Government’s National Security Agency to stand in front of a journalist’s camera. I shared with the world evidence proving some governments are building a worldwide surveillance system to secretly track how we live, who we talk to, and what we say. I […]
I opened a new bottle of probiotics this morning, and it had one of those circular seals on the top. You know, the one that reads, “Sealed for your protection.”And that seal got me thinking… how much protection do we need? How much security is enough?How much homogenization, pasteurization, disinfection, national security, etc…. do we […]
Last spring, Barack Obama told the graduating class of Ohio State University:“Unfortunately, you’ve grown up hearing voices that incessantly warn of government as nothing more than some separate, sinister entity that’s at the root of all our problems… They’ll warn that tyranny is always lurking just around the corner. You should reject these voices. Because […]
In the Huffington Post last week, Glenn Greenwald, Slate contributor Ryan Gallagher, and Ryan Grim had an investigative piece reporting that the NSA had been tracking the online porn-viewing habits of several Muslim leaders whom it viewed as radicals. A top-secret document shows that the agency was considering exposing these firebrands’ Internet dalliances as a […]
Americans are still trying to get a handle on the full extent of the government’s domestic spying activities, including the recent revelation that the National Security Agency (NSA) has been collecting and storing the email address books of ordinary Americans using online messaging services. Many users of such services are looking to tech executives for […]
A few months ago at a demonstration against the president of Montreal, Maine and Atlantic Railway, a Canadian citizen made the following claim: “We don’t have guns, we are not Americans, we are civilized.” A few days before, in early July, a train of the company had run away and exploded in Lac-Megantic, Quebec, killing […]
From the Tongue-In-Cheek Department of Laissez Faire Books…Washington, D.C. — Sen. Dianne Feinstein (D-CA), chairman of the Senate Intelligence Committee, announced that her committee will hold a “major review into all intelligence-collection programs.” This surprising declaration followed the revelation, through documents leaked by government whistle-blower Edward Snowden, that the NSA has been listening to the […]
From the Tongue-in-Cheek Department of Laissez Faire Books…Washington, D.C. – The complex negotiations aimed at bringing a long-term solution to the federal government’s expenditure and debt problem have produced an unconventional proposal. “Although the solution only focuses on a tiny fraction of government expenditures,” declared President Barack Obama, “it is a step in the right […]
One of the best features of the holidays is that many government offices are shut down. Peace on Earth, indeed. I’m travelling for the next few days. On the roads, the police presence is minimal to none.
Somehow we all get by. The private sector is humming and happy.
What is the private sector? It is an overarching order that emerges from the cumulative efforts of human actors to cooperate with each other toward the betterment of their lives. It is not only the places we shop. It is also the gatherings in our private homes, the houses of worship we attend, the businesses that give us time off to be with our families. It is the world we construct for ourselves through simple choices we make each day.
This is all part of the beautiful anarchy that human beings build when we are left alone to do so. By anarchy, I don’t mean chaos, but rather the opposite. It is orderly. It meets our needs. It is always developing and serving. And it all emerges without the coercion and compulsion inherent in government policy.
Of course, we take the blessings of the private sector for granted. All these businesses we visit during the holidays are there for us — selling us our turkeys and offering us gifts we can buy for others — and we can depend on them. I knew that as soon as I crossed the border from Louisiana to Texas, for example, I would find an excellent hotel at a great price that I could just drive up to and get a comfortable room in for less than $100 at night. I knew too that I would find a great place to eat.
I had never been to the IHOP in Marshall, Texas, but walking in was like being greeted by an old friend. Why did I come to IHOP? The AroundMe app on my smartphone listed many other local restaurants, but I had never heard of them and I seriously doubted that they would be open on Christmas Day. Plus, with IHOP, I knew what I would be getting. It has a reputation I can depend on. The menu is stable and predictable and the prices are right. Every item on the menu looks amazing.
The waitress was smiling and there to help in every way — hinting to me that I really should choose the ham and egg sandwich over the chicken-fried steak. I took her advice, and was happy I did.
I watched as she worked the room, making sure everyone’s coffee and water were filled, that the kids had their highchairs and that the food was hot and delicious. I asked her if she ever becomes annoyed at all the demands placed on her. She said she was just very happy to have a job.
I pressed further. I pointed out that all these demanding people who would cut her tips if she were only a minute late on filling up a water glass pay up to 40% of their income in taxes and comply with myriad government dictates every day without batting an eye. I asked her if she found it strange that the people in this room are kings while in her restaurant but serfs in their lives when dealing with the government.
She said that this was indeed odd, but that she had never really thought about it.
She added: “Would you like a refill on that hot chocolate?”
Texas right now is unusually cold and I didn’t pack the right clothing. So in a few minutes, I’ll head to Wal-Mart — in a town I’ve never been in — with a plan to buy a new turtleneck sweater for the rest of the drive to see my mother. I know there will be a Wal-Mart nearby. I know it will be open. I know they will have sweaters. And I know they will be priced in a way that will again surprise me for being surprising low. I will again wonder how this place makes money. I will again marvel at how great this store is.
Compare this with the uncertainty from government. One doesn’t know from one press conference to the next what Ben Bernanke is going to do. Every day the situation in Congress changes, and we don’t know for sure how much in taxes we will have to pay. The arbitrariness of government officials is alarming to business owners today. One never knows for sure when or if the bureaucrats are going to move in and shut the place down for whatever reason.
This is a factor that is forestalling economic recovery. On the margin, capital owners faced with regime uncertainty are choosing to hedge their bets. They are reluctant to jump in completely, fearing another crisis and uncertain whether the signs of life in some sectors are actually just signals of another bubble that is going to pop.
Once you see the contrast between the worlds the private sector has created and the mess the government makes, you see the challenge of our time. But seeing it is a problem. Most people go through their lives without taking notice. They shop and worship in the world of human volition. But they are unaware of just how compromised and truncated it is made by government impositions.
None of us is in a position to fully see the glorious complexity and fullness of the private sector that is global in scope. We see only what we ourselves experience. It takes a certain reflection on the bigger picture to get the point.
One of the most spectacular presentations of the sheer complexity of the private sector comes from the writings of F.A. Hayek. In the 1930s, he was teaching in London. The government planners at the time were eager to patch up the economy, which had fallen into deep decline. He tried to explain to them that they were powerless to do good and that their efforts would have only the reverse effect.
The structure of production, he wrote, is far too complex for government officials to control. It consists of an extended order of production and consumption built by heterogeneous plans of investors, each of which is carefully calibrated in time over an uncertain future. The plans are made by following the best clues available in the forms of prices and interest rates and woven together with contracts and expectations.
His diagrams appear in the Laissez Faire Club’s book release this week: Hayek’s Triangles, edited with an introduction by economist Mark Skousen. Reading through this, you gain an appreciation of a different form of beautiful anarchy — the orderly world of macroeconomic planning that occurs without the assistance of government agencies.
It is striking the extent to which the private sector thrives even in the face of so many attacks for so long, and the daily pummeling it receives from regulators, taxing officials, and central bankers. It is particularly poignant this season because the religious themes of this season nearly all draw on the triumph of light over darkness, the will to freedom over the despotic desire to control.
All the major religious holidays of this time of the year are rooted in the ancient practice of recognizing the changing season, when the shortest day of the year gives way to a new emerging light, and the days grow longer and the growing season begins anew. The change in the season occurs outside government control, and the traditions that take note of them are older and more far reaching than any existing regime.
This is another way in which this season should remind us what matters, what is really serving the cause of human flourishing, what is right and true. In the new year, let us all pledge to gain new awareness of the blessings that freedom grants us to claim ever more of those blessings for ourselves and our families.