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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

Book Review: Reclaiming the American Right

Reclaiming the American Right: The Lost Legacy of the Conservative Movement by Justin Raimondo (Burlingame, CA: Center for Libertarian Studies, 1993); 287 pages. In the first issue of the conservative quarterly Modern Age — Summer 1957 — there was ...

National Health Insurance and the Welfare State, Part 3

Part 1 | Part 2 | Part 3 In his recent book The Walls Came Tumbling Down: The Collapse of Communism in Eastern Europe (1993), historian Gale Stokes suggests, "Students who graduate from college after the turn ...

Book Review: For Good and Evil

For Good and Evil: The Impact of Taxes on the Course of Civilization by Charles Adams (New York: Madison Books, 1993); 530 pages; $29.95. In 1918, Austrian economist Joseph Schumpeter observed, "The fiscal history of a people is above all ...

National Health Insurance and the Welfare State, Part 2

Part 1 | Part 2 | Part 3 The modern welfare state arose in Imperial Germany in the late 19th century. Under pressure of growing support for the Social Democratic Party in the 1870s and 1880s, Kaiser Wilhem ...

Book Review: Failure and Progress

Failure and Progress: The Bright Side of the Dismal Science by Dwight R. Lee and Richard B. McKenzie (Washington, D.C.: Cato Institute, 1993); 163 pages; $10.95. In An Economist's Protest (1927), English economist Edwin Cannan remarked, "Modern civilization, nearly ...

National Health Insurance and the Welfare State, Part 1

Part 1 | Part 2 | Part 3 After the experiences of the totalitarian states in the 20th century, logic suggests that the world would have learned the lesson that every growth in state power-every extension of government ...

Book Review: Grassroots Tyranny

Grassroots Tyranny: The Limits of Federalism by Clint Bolick (Washington, D.C.: The Cato Institute, 1993); 195 pages; $21.95 (cloth); $12.95 (paper). In his book The Vanishing Rights of the States (1926), former Solicitor General of the United States, James ...

Free Trade, Managed Trade and the State, Part 5

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 In the 1870s, English classical economist Henry Faucett warned, "I think it cannot be doubted that protection must exert an inevitable tendency ...

Book Review: Lenin’s Tomb

Lenin's Tomb: The Last Days of the Soviet Empire by David Remnick (New York: Random House, 1993); 576 pages; $25. In July 1919, during the Russian Civil War, the Russian philosopher P.D. Ouspensky sent an article from southern Russia to the ...

Free Trade, Managed Trade and the State, Part 4

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 "The Protectionist creed rises like a weed in every soil," lamented the English classical economist Walter Bagehot in the 1880s. "Every nation ...
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