Departments

2 Kiss Your Financial Privacy Goodbye

American politicians are systemically destroying the right to confidential banking. Matt Welch

6 Contributors

8 Reaction

'Has the "libertarian moment" finally arrived?'…

10 Citings How to fight civil forfeiture; school choice in court; unfriendly skies; Medicaid malfunctions; tax inversion battle; the outback libertarian…

60 Reason TV: Washington's Beautiful, Illegal Tiny Houses

Architectural minimalism runs afoul of outdated regulations in the nation's capital. Todd Krainin

Columns

16 Obama's Dumb, Rash, and Unilateral War Don't buy the president's lame excuses for attacking ISIS without congressional approval. Jacob Sullum

18 Why Don't Americans Save Their Money? We must kill Social Security in order to save retirement. Veronique de Rugy

20 Will Superintelligent Machines Destroy Humanity?

The pitfalls of artificial intelligence. Ronald Bailey

78 Meet the New Warm Fuzzy Payday Lenders

A better approach for a controversial industry. Greg Beato

Features

24 Midterm Identity Crisis On election eve, the two major parties don't seem to know who they are any more. Scott Shackford

30 Whatever Happened to Inflation?

A look back at controversial predictions about monetary policy. Peter Schiff, Robert Murphy, David R. Henderson, and Scott Sumner

40 The Future of Money

Four surprising ways we might pay for stuff in the next 15 years. Heather Schlegel

42 How the Fed Got Huge

The financial crisis fundamentally changed the nature of central banking. Jeffrey Rogers Hummel

50 How Buying Drugs Online Became Safe, Easy, and Boring

Silk Road is dead, but anonymous Internet sales of illegal substances are here to stay. Brian Doherty

Culture & Reviews

62 Suspicious Minds

The '70s saw a strange interplay of skepticism and nostalgia.Jesse WalkerThe Invisible Bridge: The Fall of Nixon and the Rise of Reagan, by Rick Perlstein

Briefly Noted

64 Elizabeth Nolan-Brown on the magazine Adult

66 Scott Shackford on the TV show The Leftovers

68 Katherine Mangu-Ward on the film Rosewater

70 Zenon Evans on the documentary Evocateur

72 Robby Soave on the computer game Mini Metro

68 The Ghetto Archipelago Life in an inner-city police state. J.D. Tuccille

On the Run: Fugitive Life in an American City, by Alice Goffman

72 Peter Thiel's Start-Up Manifesto

Why the PayPal founder and early Facebook investor loves monopolies, the Founding Fathers, and Lady Gaga. Dan Mindus

Zero to One: Notes on Startups, or How to Build the Future, by Peter Thiel

76 Free Speech and Free Jazz

A documentary captures the life of civil libertarian and music critic Nat Hentoff. Kurt Loder

80 Artifact: Stillborn Utopia

Dead dreams in the desert city of Masdar. Jesse Walker

Cover Illustration: Michael Miller, shmyah.deviantart.com