timesonline.co.uk — All cash transactions in North Korea have been frozen after the Government’s shock decision to revalue the won currency in an effort to crack down on the country’s burgeoning free-market economy. There was confusion after the announcement of the measure, which requires North Koreans to swap existing won notes with new ones at an exchange rate of one to 100, knocking two zeroes off their ...

lewrockwell.com — New York state senator Timothy Sullivan, a corrupt Tammany Hall politician, represented New York’s Red Hook district. Commercial travelers passing through the district would be relieved of their valuables by armed robbers. In order to protect themselves and their property, travelers armed themselves. This raised the risk of, and reduced the profit from, robbery. Sullivan’s outlaw constituents demanded that Sullivan introduce a law that would ...

rickkoerber.com — I am a radical for capitalism. While there exists any number of different groups who could use a healthy criticism, today, I’m challenging my Objectivist friends who have become complacent and disinterested. The hollow, righteous sounding bromides so often uttered by feigned intellectuals so lucidly able to describe our culture’s impending doom—is no substitute for a deliberate, strategic and organized effort put forth in defense ...

realclearpolitics.com — What finally worked, he says, was letting landowners own rhinos so they could make money off them from tourism. Suddenly, each tribe had skin in the game, and an incentive to protect its own rhinos. It's human nature. No government protects resources as effectively as you protect your own property. In Africa, says Anderson, those indifferent security guards suddenly became fierce protectors of their tribal ...

capmag.com — Conservatives were once noted, if not for their God-fearing rationalizations of why men should or should not be free, then for their fastidiousness concerning the facts and ideas they were attacking or twisting out of recognition. Now, in their desperate rush to de-emphasize the influence of Ayn Rand and her ideas, they are just growing sloppy. They are hurling spit balls at a photo of ...