On Corporate Financing

By Brandon Mitchell Annette Poulson has written a survey of literature on how corporations choose to finance. The following are some comments on that essay. We are all familiar with the variety of motivations for taking on personal debt whether it be to facilitate consumption (credit cards) or to leverage cash flow for investment (home loans) but… Read more On Corporate Financing

Operation Fast & Furious, War on Drugs and Gun Control

By Sean Rosenthal Last year, the public became aware of a program by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) known as Operation Fast and Furious (F&F). Most controversially, as a part of the program, the ATF knowingly allowed suspected arms traffickers to transport thousands of guns to Mexican drug gangs. In December… Read more Operation Fast & Furious, War on Drugs and Gun Control

The President Does Not Have the Constitutional Authority to Kill You

There’s treachery afoot.  It is cloaked in the flag, pushed by people sworn to uphold the Constitution, and it cuts across the political divide, but there it is just the same. On December 1, 2011, Obama Administration lawyers declared to the press that American citizens are legitimate targets in the Administration’s “War on Terror” and… Read more The President Does Not Have the Constitutional Authority to Kill You

Constitutionalism: Ron Paul vs. Rick Santorum

So, in case you missed it, Rick Santorum declared recently that he understands our Founding documents better than Ron Paul. Ron Paul, Santorum says, has a “French” understanding of Liberty, more committed to radical individualism than the “rights with social responsibilities” enshrined in our Constitution. I thought that was a bit of an “interesting” take, so I… Read more Constitutionalism: Ron Paul vs. Rick Santorum