Freedom Daily Archive

You Can If You Think You Can

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roblems constitute a sign of life. Indeed, I would go so far as to suggest that the more problems you have, the more alive you are. The person who has, let us say, ten good old tough, man-sized problems is, on this basis, twice as alive as the poor, miserable, apathetic ... [click for more]

Book Review: Shanghai

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Shanghai: Collision Point of Cultures, 1918-1939 by Harriet Sergeant (New York: Crown Publishers, Inc., 1990); 371 pages; $25. Following the Sino-British War of 1842, several ports along the China coast were opened to Western merchants. In these "treaty ports," portions of the cities were recognized to be under European jurisdiction. Known ... [click for more]

The Legacy of Leonard E. Read

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Few people have had a bigger impact on my life than Leonard E. Read, the founder of The Foundation for Economic Education in Irvington, New York. I shall never forget the day I discovered a set of books entitled Essays on Liberty which were published by FEE long ago and which included many essays by Read. My life has ... [click for more]

A Liberal World Order

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The 20th century opened with great hopes for the future. For almost a hundred years, a major war had not disturbed the peace of Europe. And when military conflicts had broken out among the European nations, they had been localized and limited in both their duration and destruction. Most of the governments of Europe were either democracies or constitutional monarchies. ... [click for more]

Penalty of Surrender

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A certain business leader, perhaps among the most publicized during the last two decades, once Severely lectured me on my unswerving and uncompromising behavior. He charged that I saw things only in blacks and whites. He argued that practical life was lived in shades of grays, actually in the shadows of ... [click for more]

Book Review: Economic Freedom and Interventionalism

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Economic Freedom and Interventionism: An Anthology of Articles and Essays by Ludwig von Mises (Irvington-on-Hudson, New York: The Foundation for Economic Education, 1990); 250 pages; $29.95-cloth; $14.95-paper. Ludwig von Mises is quite possibly the greatest economist of the 20th century. He was one of a handful of important thinkers in our time who consistently and incessantly warned of the dangers of ... [click for more]

FDR and the End of Economic Liberty

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The watershed years were 1932-1937 — the first two presidential terms of Franklin D. Roosevelt. This was the crucial period in American history — the period in which Americans abandoned the principles of economic liberty on which our nation was founded. For it was during this time that the welfare-state, ... [click for more]

From the New Mercantilism to Economic Fascism

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February 1991 saw the release of the latest annual Economic Report of The President. Prepared by the President's Council of Economic Advisors, the report is meant to provide a detailed summary of where the American economy has been during the past twelve months and to offer various projections as to ... [click for more]

The Farm Program Fiasco

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All government programs are sacred cows. Once taxpayers fund anything, a vocal constituency develops to assert that the nation could not survive another day without the program. This is one reason why the 1990 deficit-reduction package did not cut one program or one bureaucrat or even one penny from total federal spending. [click for more]

The Road Ahead

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We must now go back to fundamentals. Our fathers gave to the world the sublime example of statesmen who had found the means of casting off the tyrant State and building up the sovereign people — unleashing the energies of free men. It was this historic experiment which set off that astonishing surge of human energy which created here ... [click for more]

Book Review: Russia’s Last Capitalists

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Russia's Last Capitalists: The Nepmen, 1921-1929 by Alan M. Ball (Berkeley: University of California Press, 1990); 226 pages; $11.95. In 1921, Russia was in a state of economic and social collapse. The country had undergone three years of the First world war — between 1914 and 1917. In November 1917, the Bolsheviks, under Lenin's leadership, overthrew the Provisional Government that had ruled ... [click for more]

Players and Pawns: The Persian Gulf War

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For the greater part of this century, the United States government has plundered, looted, and terrorized the American people through the Internal Revenue Service. It has surreptitiously stolen people's income and savings through the Federal Reserve System. It has brutally enforced — through fines and imprisonment — rules and regulations governing people's peaceful economic activities. In a very real ... [click for more]
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