Freedom Daily Archive

Why James Buchanan Matters for Those Who Love Freedom

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On January 9 the world of political economy and the community of libertarian academics lost one of the 20th century’s most important thinkers with the death of James Buchanan at age 93. Although he was not as well known as Mises and Hayek, or even Milton Friedman or perhaps Robert Nozick, his work belongs with theirs in any discussion ... [click for more]

Ten Reasons the U.S. Is No Longer the Land of the Free

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While each new national-security power Washington has embraced was controversial when enacted, they are often discussed in isolation. But they don’t operate in isolation. They form a mosaic of powers under which our country could be considered, at least in part, authoritarian. Americans often proclaim our nation as a symbol of freedom to the world while dismissing nations such ... [click for more]

Macroeconomics as Coordination

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If your main source of economic information is a newspaper, television news station, or government statistical bureau, you would probably say that macroeconomics is the discipline that studies a handful of aggregate data series, such as consumption, investment, government spending, and total income, for the purpose of understanding the causal relationships among them. The reason people pay attention to ... [click for more]

Book Review: All in the Family: America’s Big Brother

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Enemies: A History of the FBI by Tim Weiner (New York: Random House, 2012), 560 pages. Since its humble beginnings in 1908 with a pint-sized force of 34 special agents, the Federal Bureau of Investigation has always been the pillow over the face of the First Amendment. From its inception, the FBI was first and foremost an intelligence agency ... [click for more]

Right-to-Work Laws and the Modern Classical-Liberal Tradition

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It’s not widely known, but an earlier generation of libertarians condemned so-called right-to-work laws as anti-market. For example, Milton Friedman, in Capitalism and Freedom, compared right-to-work to anti-discrimination laws. Ayn Rand also opposed right-to-work laws. The Spring 1966 issue of the libertarian student-run journal New Individualist Review carried Prof. Hirschel Kasper’s article “What’s Wrong with Right-to-Work Laws.” NIR was ... [click for more]

Police Tyranny, Slightly Curbed

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On the night of March 3, 2010, University of Maryland students spilled out onto a main street in College Park, Maryland, to celebrate a victory by the school’s basketball team. Prince George’s County police had been primed for the event and waited nearby, dressed in riot gear and ready for action. John McKenna, a 21-year-old student, skipped up toward a ... [click for more]

The Democratic Way of Killing: The President as Judge, Jury, and Executioner

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One wonders whether Americans felt pride when they discovered that, according to the New York Times, their president was “a student of writings on war by Augustine and Thomas Aquinas.” As a result, Barack Oba-ma believes that “he should take moral responsibility” for U.S. policy, including killing anyone and everyone seen as a terrorist threat to the United States. ... [click for more]

Gun Control Is Violence

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Mohandas Gandhi, the greatest pacifist of the 20th century, is widely quoted as having said, “Among the many misdeeds of the British rule in India, history will look back upon the Act depriving the whole nation of arms as the blackest.” Some have struggled to reconcile his pacifism with an opposition to disarmament. But there really is nothing to reconcile ... [click for more]

Foreign Aid: The Seen and the Unseen

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Practically everyone in American politics today claims to favor cutting the federal deficit in part by reducing “waste, fraud, and abuse.” At the same time, however, every item in the budget lines someone’s pockets, and that someone can always be counted on to argue — either directly or, more often, through a seemingly disinterested surrogate — that his plainly ... [click for more]

Book Review: The Crisis Ahead

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The Real Crash: America’s Coming Bankruptcy — How to Save Yourself and Your Country by Peter D. Schiff (New York: St. Martin’s Press, 2012), 352 pages. As  I write this review, the presidential campaign of 2012 has recently (and mercifully!) come to its end. Neither major-party candidate ever addressed the most salient issue facing the nation, namely, the fact ... [click for more]
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