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Author » William L. Anderson

William L. Anderson teaches economics at Frostburg State University in Maryland.

Latest from William L. Anderson

The Continuing Economic Depression, Part 2

Part 1 | Part 2 Contrary to popular belief, economic downturns in a free-market economy do not linger or continue for many years. The Great Depression was “great” because government policies made sure that the calamity became ingrained in ...

The Continuing Economic Depression, Part 1

Part 1 | Part 2 More than three years ago, it became clear that the housing bubble was about to burst, and that the U.S. economy would be in for a very rough patch. In the three years since ...

Unnatural Law, Natural Tyranny, Part 3

Part 1 | Part 2 | Part 3 It is not surprising that the viewpoints discussed in Part 2 also would transform criminal law. Americans had inherited from Great Britain the common law, in which the criminal portion ...

Unnatural Law, Natural Tyranny, Part 2

Part 1 | Part 2 | Part 3 While the founding of the United States (and its legal system based on the English common law) was carried out by people who believed strongly in natural law, nonetheless the ...

Unnatural Law, Natural Tyranny, Part 1

Part 1 | Part 2 | Part 3 A typical federal courtroom scene has the trappings of ages gone by. The judge wears a black robe, everyone stands when he enters, the bailiff utters the “Oyez” sayings, and ...

The Fallacies of Another New Deal, Part 3

Part 1 | Part 2 | Part 3 Historians want us to believe that Franklin Roosevelt had nothing to do with causing the massive unemployment and World War II that came in the wake of the Great Depression. ...

The Fallacies of Another New Deal, Part 2

Part 1 | Part 2 | Part 3 In the latter part of 1920, the economy fell into a deep recession, which lasted well into 1921. As Murray Rothbard points out, it was the last downturn in which ...
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