Subsidizing Higher Education Is Not Creating Widespread External Benefits

“War is the health of the state.” That phrase, coined by Randolph Bourne, explains why opposition to war is a priority of many libertarians. War allows governments to increase spending, taxes, and regulations in order to feed the war machine. Wars can justify measures that remain in place long after the wars end. An example […]

Futures Fall As Iran Talks Remain In Limbo, More Ships Intercepted US equity futures are lower, but rapidly rising and now at premarket highs after a CCTV report that talks between Iran and the US in Pakistan may see a breakthrough "tonight or tomorrow"; still the optimism of recent days is being tested, with peace talks in limbo, software concerns reemerging and the bond market flashing warning signals. As of 8:15am ET, S&P 500 futures and Nasdaq 100 contract both fell 0.1%, recovering almost all of their 0.8% overnight drop. Pre-market, Mag 7...

US Southern Command on Tuesday announced that its forces launched three separate strikes on alleged drug-running boats in the waters of Latin America the night before, blowing up three small vessels and killing at least 11 people. The command said that two of the boats were targeted in the Eastern Pacific Ocean, where eight people […]