Menckenism: We Can�t Save Capitalism Unless We Denounce Its False Prophets

            by BILL FREZZA             A debate is raging among free market advocates regarding the proper posture to take with respect to Too Big to Fail (TBTF) banks. This has become an increasingly important issue as the financial sector has grown to take up an unprecedented share of our economy. While cleaving to tried-and-true libertarian defenses of finance as vital to the economy, some of us fear that the machinations of the crony capitalists running the TBTF banks�in cahoots with their allies in the Treasury Department and the Federal Reserve�will result in not only another global financial collapse, but a …

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Rest in Peace Margaret Thatcher

            Astroke has taken the life of former British Prime Minister Margaret Thatcher, and FTCN honors her…               At the age of 87, Thatcher leaves behind a legacy of conservativeleadership, and as the only woman to become British PM, she serves as an iconfor breaking barriers.  Known for strong convictions pertaining tofreedom, she will be missed, and the Free to Choose Network sends ourcondolences to her family.            If anyone needs reminding of Thatcher's greatness, look no further thanthis quote:  "We want a society where people are free to makechoices, to make mistakes, to be generous and compassionate. This is what …

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Cafe Hayek: Laissez Faire

            by Don Boudreaux             If you are a modern �Progressive� and cannot abide the notion of conservatives, Christian or otherwise, having a say in who you sleep with and who you may marry, when and why you may get an abortion, what sorts of scientific research and artistic projects should be funded, what school curricula should and shouldn�t include, or when and why Uncle Sam goes on world-policing ventures, then why do you wish to expand the scope of government authority?  Doing so in a society with a wide franchise, such as the U.S., inevitably invites those rubes to …

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FEE: You Are An Anarchist. The Question Is: How Often?

            by BENJAMIN POWELL of FEE                   Classical liberals have long debated whether they should support a minimal state or no state at all. Unfortunately that debate is usually framed as an all-or-nothing proposition. Either you believe that �a minimal state is everywhere and always necessary� or that a �state everywhere and always does more harm than good.� This polarization is a mistake. Everyone, at least sometimes, is an anarchist.             Consider Cambodia in the late 1970s. The Khmer Rouge government intentionally killed more than two million of its own citizens. That�s an average of 8 percent of …

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