Incentives matter: the Mr Market LOOOOOVES death squads

In 1970, Chile elected Salvador Allende, a socialist, to office; he instituted sweeping reforms aimed at ending the corrupt rule of a small, monied, brutal elite; in 1973, the dictator Augusto Pinochet led a US-backed military coup that involved horrific torture and mass executions of political enemies. Read the rest

French Polynesia says it didn't renew its deal with the Seasteaders, a group of libertarian separatists

The Seasteading Institute is a group of libertarian separatists who dreamed of building an autonomous, contract-governed mini-state on a set of floating platforms in the south Tahiti lagoon of Atimaono; only one problem: they didn't renew their contract with French Polynesia to build their platforms. Read the rest

Peter Thiel, "libertarian," wants to buy Gawker's archive, which would give him the power to censor stories he didn't like

Libertarian wisdom holds that "the answer to bad speech is more speech," but if you're a Peter Thiel libertarian (that is, the kind of "freedom lover" who doesn't think women should vote, wants to spy on everyone in the world, and secretly wields power to censor the free press), then "the answer to bad speech is secretly backing lawsuits by washed-up pro-wrestlers in order to kill a media outlet whose reporting you don't like." Read the rest

Ayn Rand supercharged the anti-Communist witch-hunt in Hollywood, in which the FBI classified "It's a Wonderful Life" as secret Communist propaganda

Director Frank Capra said "It's a Wonderful Life" was designed to "strengthen the individual’s belief in himself" and "to combat a modern trend toward atheism." But the FBI's 13,533-page Communist Infiltration of the Motion Picture Industry classed the movie as a secret work of Communist propaganda, "written by Communist sympathizers...to instigate class warfare" and "demonize bankers." Read the rest

Libertarian plate "may poison food"

Reason Editor-in-Chief Katherine Mangu-Ward received a commemorative Johnson-Weld 2016 Libertarian Party Presidential Campaign plate in the mail.

Yoni Mazuz wonders:

The Libertarian moment of enlightenment is when you realize it's a giant ashtray. Read the rest