Thomas Woods

French actor Gérard Depardieu elicited a barrage of criticism for leaving France and settling in Belgium on the grounds that he has had it with “redistribution” and “paying, in 2012, an 85 percent tax-rate on my income tax...
Says Politico: “The American public overwhelmingly favors raising taxes on the rich as a way to pay down the deficit, while opposing a hike in the Medicare eligibility age or eliminating tax deductions, according to a...
A reader writes:I have just been assigned a paper for American History at my college in which I must:“1. Explain how checks and balances (Federal and State) provided for in the Constitution limit the government’s ability to...
State nullification is Thomas Jefferson’s idea, derived from the Richmond Ratification Convention of 1788, that the states must refuse to allow the enforcement of unconstitutional federal laws within their borders. Here’s an...
The Huffington Post recently published “11 Lies About the Federal Reserve.” These alleged lies are being told by Fed skeptics like me. HuffPo rushes to the aid of the Fed, with a column by a young fan of Paul Krugman.
A reader writes:I am writing from India, a country cloaked in Socialist government policies. I came across Austrian School of Economics on the Internet, and was surprised that even after studying Economics for five years, my...
I get a very substantial number of inquiries like this:I’m just finishing my last semester of junior college and as it stands now, I will receive my undergrad in economics. I’m a passionate austro-libertarian but as I have...
Gary North connected some dots for me the other day.Who benefits from labor unions? Naturally, union members themselves. They forcibly keep out of an industry or a firm some group of workers who are qualified and willing to...
I have four things to say.(1) David Weidner wrote an article critical of the gold standard.(2) The article contains gems of knowledge like this:Another problem is that rather than try to improve our currency systems, we keep...
A quotation from Benjamin Franklin is being passed around by leftists these days:“All the Property that is necessary to a man, for the conservation of the individual and the propagation of the species, is his natural right,...
I am thinking a lot about taxation in light of all this “fiscal cliff” talk. According to the late Harvard philosopher Robert Nozick in his 1974 book Anarchy, State, and Utopia, ”taking the earnings of n hours of labor” is...
Walmart reported its best Black Friday ever (Black Thursday, really, since the sales started on Thanksgiving night), in spite of union-inspired strikes at a number of stores across the country. “We work hard, so we just want...
Congressman Ron Pauls final speech on the House floor before leaving Congress:
Someone on my Facebook page (which I hope you will ‘like’) asked about defending the electoral college: should he make the argument that electors will have more sober and impartial judgment than the fickle masses, etc.?I...
I’d like to quote this whole article from Yahoo News, and so I highly recommend you read it, but I especially like this passage, which considers how people might acquire knowledge in a world without the presumption that...
The First Lady is dead wrong about the national school lunch guidelines — the low-fat, low-calorie meals she proposes are unhealthy and inhuman. But the correct reply is not that she should suggest more satisfying food, as...
Just received my review copy of a book with the subtle title of Libertarian Anarchy, subtitled Against the State. Written by Gerard Casey, professor of philosophy at University College, Dublin, and who also happens to be on...
Here’s my short conversation with Peter Slen, who interviewed some authors while covering FreedomFest in Las Vegas this year. C-SPAN has been covering events of mine for nearly eight years now.Bear in mind that the audience...
You’ve probably seen this by now, but here’s Peter Schiff at the Democratic Convention posing as an imbecile, and finding people who think profits should be banned.Posing as an anti-business crusader, Peter Schiff found a...

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