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Author » Richard M. Ebeling

Richard M. Ebeling is a professor of economics at Northwood University. He was formerly president of The Foundation for Economic Education (2003–2008), was the Ludwig von Mises Professor of Economics at Hillsdale College (1988–2003) in Hillsdale, Michigan, and served as vice president of academic affairs for The Future of Freedom Foundation (1989–2003).

Latest from Richard M. Ebeling

Federal Reserve Policies Cause Booms and Busts

Since the economic crisis of 2008-2009, the Federal Reserve – America’s central bank – has expanded the money supply in the banking system by over $4 trillion, and has manipulated key interest rates to keep them so artificially low ...

Mr. President: Please Mind Your Own Business

Dear President Obama, For nearly six years, now, you have declared your intention and desire of being my Nanny-in-Chief. Your original campaign slogan of “Hope and Change” was really a promise of “Control and Command.” Well, Mr. President, I have ...

Tax Inversion Freedom vs. Fiscal Berlin Wall

The Obama Administration has proposed its latest form of collectivist control over the American people. In a letter to Congress U.S. Treasury Secretary, Jack Lew, has called for punishment and prohibition of any company that tries to move its ...

Free Market Capitalism vs. Crony Capitalism

In the minds of many people around the world, including in the United States, the term “capitalism” carries the idea of unfairness, exploitation, undeserved privilege and power, and immoral profit making. What is often difficult to get people to ...

Misguided Beliefs in Political Leaders

This is an election year and as in all past election years we are inundated with promises and proposals from candidates, each hoping to attract our votes. For the most part what they are promising is “leadership” and political ...

Open Societies and Spontaneous Orders

Popper, Hayek and the Open Society by Calvin Hayes (London/New York: Routledge, 2009); 284 pages. Friedrich A. Hayek and Karl Popper were two of the most influential and internationally recognized critics of totalitarian collectivism in the 20th century. Hayek’s Road ...

Game Theory and the Dark Side of Envy

Von Neumann, Morgenstern, and the Creation of Game Theory by Robert Leonard, Cambridge: Cambridge University Press, (2010); 390 pages. Economist Oskar Morgenstern is best known as the co-developer, with mathematician John von Neumann, of game theory. Game theory emerged ...
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