A Beacon of Liberty

Isolationism and the Strategic Dilemma

Strategic and selective engagement, where the US chooses battles that protect its sovereignty, economic prosperity, and geographic security without being entangled in endless ideological wars.

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    Ebola Update: Outbreak Continues To Worsen, At Least 930 Have Died

    Ebola Update: Outbreak Continues To Worsen, At Least 930 Have Died

    The Bundibugyo strain of the Ebola virus that is currently spreading in the Democratic Republic of Congo is continuing to spread, as health care workers struggle to contain the outbreak. At least 930 people have died, although that number is likely larger and expected to continue to increase.

    War Chief Wants More Money For War

    War Chief Wants More Money For War

    The United States’  first war chief, Pete Hegseth, is demanding more money for the war with Iran. Hegseth is the US Secretary of War and has, so far, lived up to his title.

    Houthi Rebels Vow: “An Eye for An Eye”

    Houthi Rebels Vow: “An Eye for An Eye”

    Yemen’s Houthi rebels have vowed to take “an eye for an eye” after the Saudi Arabian government-backed strikes on the Sana’a Airport. Houthi rebels have declared a naval blockade of Saudi Arabia, marking the biggest escalation between the two sides in years. This…

    43 Days And Counting: Apathetic Americans Are About To Be Blindsided By A Major League Wake Up Call

    43 Days And Counting: Apathetic Americans Are About To Be Blindsided By A Major League Wake Up Call

    I really don’t understand the tremendous apathy that I am witnessing right now. Everyone can see that commercial oil inventories are rapidly being depleted. As I discussed yesterday, the global oil market had about 400 million barrels of excess inventory before the war, and now we have “close to nothing”. But at least we still have the Strategic Petroleum Reserve, right? Yes, that is true, but that is being rapidly depleted as well. In fact, when you add the dwindling commercial oil inventories in the U.S. to the oil that is left in the Strategic Petroleum Reserve, we only have 43 days of supply remaining…

    US Plans Much Bigger War With Iran

    US Plans Much Bigger War With Iran

    As the tenth day of renewed strikes begins, the United States is mulling a plan to ignite a much wider war with Iran than it currently is engaged in. Media outlets in the US claim that Washington’s war mongers are planning to enter into an all-out war with Iran’s Islamic Revolutionary Guard Corps (IRGC).

    AI: The Ominous Opportunity

    AI: The Ominous Opportunity

    The economy has been growing steadily since we started to recover from the 2020 pandemic and shutdown; the unemployment rate is and has been near the bottom of the range normally considered to be full employment; and, wages adjusted for inflation are the highest they’ve ever been. Nevertheless, the productivity slowdown observed by Robert Solow forty years ago seems to have returned, and surveys of consumer confidence are at or near their all-time lows. This essay explores possible reasons for the productivity slowdown and widespread economic uncertainty in the midst of our AI boom.

    US Struggling To Defend Against Iranian Attacks

    US Struggling To Defend Against Iranian Attacks

    The United States’ air defenses are struggling to defend against attacks from Iran. The Pentagon reported that Tehran’s retaliatory strikes on a military base in Jordan killed two American service members, as air defenses failed to keep up.

    Infrastructure War! The Middle East Braces For What Is Coming Next As Both Sides Go Up The Escalation Ladder

    Infrastructure War! The Middle East Braces For What Is Coming Next As Both Sides Go Up The Escalation Ladder

    Targeting military assets isn’t going to wreck the global economy, but targeting key infrastructure could. The damage that has already been done to oil and natural gas infrastructure in the Middle East is going to take years to fully repair and rebuild. But so far, the damage that has been done has been somewhat limited. If both sides decide to start conducting all-out attacks on oil and gas infrastructure, the world would be facing an unprecedented energy crisis with no end in sight. Unfortunately, it appears that such a scenario could potentially be ahead of us.

    Iran Warns of Blocking Regional Oil Exports After Claiming Strike on U.S. Navy in Bahrain

    Iran Warns of Blocking Regional Oil Exports After Claiming Strike on U.S. Navy in Bahrain

    Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Tuesday that it had struck U.S. Navy facilities in Bahrain and warned that regional oil and gas exports could be blocked entirely in response to American attempts to control the Strait of Hormuz. The IRGC accused Washington of acting like ‘pirates’ by restricting energy flows in the region. ‘Regional oil and gas exports are either for everyone or for no one,’ the IRGC said in a statement [1].

    Rothbard’s Definition of Government as Organized Crime: The Microsoft Antitrust Case

    Rothbard’s Definition of Government as Organized Crime: The Microsoft Antitrust Case

    In the mid-1990s, Microsoft stood atop the high-tech world, and its founder and chairman, Bill Gates, had guru status among his fellow Americans. Microsoft had recently come out with its own Windows program, allowing it to compete with Apple Computer’s system and giving his company a huge advantage in the cutthroat world of technology. Gates was interested in furthering Microsoft’s fortunes, not its political ones. Michael Kinsley writes:

    More Health Workers Strike At Ebola Centers

    More Health Workers Strike At Ebola Centers

    As the world’s fastest Ebola outbreak spreads, more health care workers strike at facilities in the Democratic Republic of Congo. The current Ebola outbreak in eastern Congo is still spreading, and new challenges are emerging even as work begins on a study of two badly needed treatments for a type of Ebola that currently has none.

    Iran Accuses The US Of Acting Like “Pirates”

    Iran Accuses The US Of Acting Like “Pirates”

    In a statement on Tuesday, the Iranian Revolutionary Guard Corps (IRGC) accused Washington of acting like “pirates” by restricting energy flows in the region. The IRGC further warned that regional oil and gas exports could be blocked completely in response to the…