Freedom Daily Archive

Liberty’s Guilded Door

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Hong Kong's administration calls it a success to have finally deterred Vietnamese boat people from seeking asylum in the British Crown Colony. Hong Kong's authorities announced proudly that for the first time in seven years, the number of new Vietnamese refugee arrivals in Hong Kong dropped to zero. The reason is not that Communist Vietnam has suddenly become a realm ... [click for more]

Book Review: Forbidden Grounds

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Forbidden Grounds: The Case Against Employment Discrimination Laws by Richard A. Epstein (Cambridge: Harvard University Press 1992); 530 pages; $39.95. In the 1960s, many conservatives opposed the civil-rights acts and forced-integration laws that were passed. Some of these conservatives may have been racists who ... [click for more]

The Crisis in Conservatism

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The end of the Cold War has brought a deep crisis to the conservative movement in America. For over four decades, the communist threat was the glue that bound conservatives together. However, now that communism no longer poses a direct threat to the United States, deep cracks have appeared in the conservative movement. Why? The reason is that conservatives have ... [click for more]

Book Review: The Development Frontier

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The Development Frontier: Essays in Applied Economics by Peter Bauer (Cambridge: Harvard University Press, 1991); 241 pages; $24.95. Socialism has had two playgrounds on which to exercise its destructive force. One has been in the former Soviet-bloc countries, which now stand in disarray and which now are attempting to recover from ... [click for more]

JFK, the CIA, and Conspiracies

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The Oliver Stone movie JFK resulted in cries of indignation and outrage from many Americans. Why? Why do so many People consider it beyond the realm of reasonable political certainty that the president's assassination was planned by top-level United States governmental officials? I do not know who killed John F. Kennedy or who planned his murder. But I ... [click for more]

The Predilection for Planning: National Industrial Policy, Again

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It seems that no matter how many times governmental planning is implemented and fails, the temptation to try to design the economic system through political means remains irresistible. One of the reasons for this was explained in the 1880s by the English economist Walter Bagehot, who warned, "All Governments like to interfere; it elevates their position to make out ... [click for more]

The CIA

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In a 1954 speech to the Conservative Society of Yale Law School, Felix Morley, a founder of the conservative weekly newspaper Human Events, indicted United States foreign policy as "imperial." The U.S. policy, he said, "demands that concentration and centralization of power which has characterized every empire since the days of Nebuchadnezzar." The "enormous ... [click for more]

Book Review: Two Essays by Ludwig Von Mises

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Two Essays by Ludwig Von Mises: Liberty and Property and Middle-of-the-Road Leads to Socialism (Auburn: The Ludwig von Mises Institute, 1991); 74 pages; $5.00. Ludwig von Mises's position as the 20th century's preeminent advocate of the market economy is based upon his seminal works on economic theory and policy. The Theory of Money and Credit (1912) and Monetary Stabilization ... [click for more]

The Constitution and the Rule of Law

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In 1944, Friedrich A. Hayek wrote one of the most thought-provoking books of our time — The Road to Serfdom. Hayek warned that Great Britain and the United States were abandoning their heritage of liberty and adopting the economic principles of the Nazis, fascists, and socialists. It was not a ... [click for more]
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