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Fed Independence is a Joke, So Why Not Audit?

A whistleblower-hating president, a bureaucrat who illegally targeted conservatives, and the former national intelligence director who lied before Congress walk into a bar.

Op-ed Placement

The War on Airbnb

The web startup Airbnb is finding itself in hot water lately. A peer-to-peer service that matches renters with rentiers, the company is under attack by entrenched lodging businesses such as hotels. It’s easy to see why. The company, which is fairly decentralized, breaks through the thicket of established chains. It matches real people with real people, each seeking to mutually profit from one another. As Jeffrey Tucker writes, Airbnb allows “regular people to cut through stultifying regulations and make better lives for themselves.” It breaks a sacred rule of economics: anything that bypasses the hold of legacy businesses is bound to garner unwanted interference.


A Strangeness Called Trust and Privacy

When Blanche DuBois stepped off that streetcar named Desire and stepped into her sister’s rough French Quarter neighborhood, it was an era far different from our own. The New Orleans portrayed in Tennessee Williams’s iconic play wasn’t idyllic or gentle, but it had the charm of post-war cheerfulness. America had slogged through the Great Depression, won the fight against Hitler, and was rewarded with decades of prosperity. Stanley Fischer may have been a violent lout to his wife and sister-in-law, but there was a certain innocence to the time after the Great War’s sequel and before Lyndon Johnson’s guns-and-butter debauchery. Civil society was still a strong presence in American life and disputes were handled neighbor-to-neighbor. The idea of ubiquitous government surveillance in peacetime was alien.