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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: Creative Destruction

Creative Destruction: How Globalization Is Changing the World’s Culture by Tyler Cowen (Princeton, N.J.: Princeton University Press, 2002); 179 pages; $24.95. Most people can understand the common-sense logic and benefits from division of labor and international trade. After all, most people ...

What Is Seen and Not Seen in the Federal Budget Deficits

President Bush’s budget director, Mitchell E. Daniels Jr., has now admitted what most people have been expecting — that the era of federal budget deficits has returned for the foreseeable future. In ...

Book Review: Misguided Virtue

Misguided Virtue: False Notions of Corporate Social Responsibility by David Henderson (London: Institute of Economic Affairs, 2002); 169 pages; $19.95. In spite of the end of Sovietstyle communism, the introduction of more market-oriented policies in many previously socialist societies, and the ...

The Dangers and Costs of Pax Americana

On September 17, 2002, the White House released a 31-page document entitled “The National Security Strategy of the United States of America.” It spells out the planned global agenda for the U.S. government for the foreseeable future. It is ...

Book Review: Rethinking the Great Depression

Rethinking the Great Depression by Gene Smiley (Chicago: Ivan R. Dee, 2002); 179 pages; $24.95. The Great Depression of the early 1930s has left a deep and lasting mark on the United States. For many in the general public the Great ...

Corporate Inversions and the Tax State

Before I accepted my present position as a professor of economics at Hillsdale College in 1988, I negotiated my salary with the academic dean responsible for hiring new faculty. At that time I was teaching at the University of ...

Some Reflections on the Right to Bear Arms, Part 2

Part 1 | Part 2 Many have been surprised by the lack of resistance by the European Jews who were killed by the millions in the Nazi concentration and death camps during the Second World War. For the most ...

Book Review: Economics for Real People

Economics for Real People: An Introduction to the Austrian School by Gene Callahan (Auburn, Ala.: Mises Institute, 2002); 349 pages; $19.95. Back in 1932 an economist named Broadus Mitchell wrote an introductory principles textbook entitled A Preface to Economics. When he ...

Capitalism, Scandal, and the Government

Every few years voices are heard heralding and warning of a “crisis of capitalism.” The 20th century saw an unending series of such voices of doom that the free market had shown its injustice towards and ...
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