Dictators Hate Financial Privacy

Dictators Hate Financial Privacy

Earlier this year, I began a column about anti-money laundering laws with four observations. As a libertarian, I don’t like that the government forces banks to spy on customers. As an economist, I don’t like that these laws don’t come close to passing a...
The Harm of Anti-Money Laundering Laws, Part I

The Harm of Anti-Money Laundering Laws, Part I

Most people instinctively support anti-money laundering laws, but I wonder whether they would change their minds if they understood two very important facts. As shown repeatedly in research studies, there is no evidence that these laws...
The War Against Cash, Part VII

The War Against Cash, Part VII

There are many strains of libertarianism, everything from Randians to liberaltarians, from minarchists to anarcho-capitalists. I’m guessing the one thing they all have in common is a distrust of politicians and government. Simply stated, we...