Freedom Daily Archive

Clinton’s Legacy, Part 2: The Attacks on 9/11

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Part 1 | Part 2 Last month I sought to correct the record by showing that the administration of Bill Clinton (1993–2001), which is almost universally viewed with nostalgia, played a major role in inflating the housing bubble, which led to the Great Recession, thanks to aggressive polices pushed by his second secretary of Housing and Urban ... [click for more]

The Forgotten Pox of Government Spending

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It is only a question of time until Washington is convulsed by the next federal budget crisis. Unfortunately, neither major political party is offering substantive proposals to curb soaring federal outlays. And Washington itself is inherently unable to recognize the true threat of government spending to Americans’ future and freedom. It was a common saying in the 1930s that “we ... [click for more]

The Successes and Failures of Social Security

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One of the oldest, largest, most popular, and most expensive government programs is Social Security. After appealing to the “general welfare” clause of the Constitution in a speech to Congress in June of 1934, Franklin Roosevelt appointed a Committee on Economic Security to report and make recommendations on the task of “furthering the security of the citizen and his family ... [click for more]

The Heroism of Dietrich Bonhoeffer

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A destructive myth hangs over the history of World War II. It is that a flaw within the German character allowed the rise of Hitler and Nazism. How else can you explain the coming of the Holocaust from one of the world’s most cultured nations? Oddly, no one seems to consider Mussolini as indicating a flaw in Italians or ... [click for more]

Authentic Liberalism Vindicated, Part 2: The Economics of Liberty

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Part 1 | Part 2 Classical Liberalism and the Austrian School by Ralph Raico, (Auburn, Ala.: Ludwig von Mises Institute, 2012); 347 pages. The passionate interest in economics among libertarians is not immediately understood by all students of liberty. Even those generally in favor of economic freedom for ethical reasons may wonder why so many libertarians adhere ... [click for more]

The Mirage of Welfare State Freedom

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Government dependency was one of the hottest issues in this year’s presidential race. Unfortunately, neither major-party candidate focused on the perils of “freedoms” that rely on government handouts. Instead, “welfare state freedom” has become the coin of the political realm. Lyndon Johnson declared in 1964, “For the first time in world history we have the abundance and the ability to ... [click for more]

Two Extraordinary African-American Entrepreneurs

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As the 19th century neared its end, two African-American women became rivals as they became millionaires in the beauty-care industry. Annie Turnbo Pope Malone and Madam (Sarah) C.J. Walker were wildly successful entrepreneurs at a time when both blacks and women were marginalized by society. Annie and Sarah broke racial and sexual barriers; they created economic independence for an ... [click for more]

Women Who Made a Difference

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Ladies for Liberty: Women Who Made a Difference in American History by John Blundell (New York: Algora Publishing, 2011); 230 pages. In contemporary American politics, women are generally assumed to be more inclined to socialistic ideas than men are. Women are more likely to favor candidates and policies that are supposed to help people, to provide a “safety ... [click for more]
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