Explore Freedom

Monetary Central Planning and the State, Part 3: The Federal Reserve and Price Level Stabilization in the 1920s

by Richard M. Ebeling March 1, 1997

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | ... [click for more]

Monetary Central Planning and the State, Part 2: The Rationale of a Stable Price Level for Economic Stability

by Richard M. Ebeling February 1, 1997

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | ... [click for more]

Monetary Central Planning and the State

by Richard M. Ebeling February 1, 1997

  Part 1: A Little Bit of Inflation Never Hurt Anyone. Right? Part 2: The Rationale of a Stable Price Level for Economic Stability Part 3: The Federal Reserve and Price-Level Stabilization in the 1920s Part 4: Benjamin Anderson and the False Goal of Price-Level Stabilization Part 5: The Austrian Economists on the Origin and Purchasing Power of Money Part 6: Ludwig von Mises and ... [click for more]

Monetary Central Planning and the State, Part 1: A Little Bit of Inflation Never Hurt Anyone. Right?

by Richard M. Ebeling January 1, 1997

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | ... [click for more]

Freedom, Not Growth

by Sheldon Richman August 1, 1996

All politicians favor economic growth. They all promise to create jobs and "grow the economy." That is a vintage Republican issue, but the Democrats aren't dummies. Many of them have learned that the old appeal to class warfare and other quasi-Marxist themes are passé. They too have thrown themselves onto the growth bandwagon. Bill Clinton's so-called New Democrats can ... [click for more]

Separating Money and the State, Part 2: Revoking Government’s Money Monopoly

by Douglas E. French November 1, 1994

Part 1 | Part 2 Every city in America has dozens of fast-food restaurants vying for our business. Which are successful? The ones that deliver on their promise to provide consistently good, quality food. Restaurants that do not, go out of business. If government controlled the fast-food business the same way ... [click for more]

Separating Money and the State, Part 1: Eighty Years of Destruction

by Douglas E. French October 1, 1994

Part 1 | Part 2 On December 23, 1993, the Federal Reserve System marked its 80th birthday. But few were celebrating. The Federal Reserve Act, which was signed into law in 1913 by President Woodrow Wilson, is described by economist Hans Sennholz as "probably the most tragic blunder ever committed by ... [click for more]

Some Warnings for the East: What Former Socialist Countries Need to Know

by Richard M. Ebeling November 1, 1992

For the last three years, the Eastern European countries and the republics of the former Soviet Union have been trying to escape from their socialist past. Democratic governments have been elected, and market reforms have been promised. Yet, in each of these countries, the socialist economic structures still exist ... [click for more]

The IMF Doesn’t Deserve a Capital Boost

by Doug Bandow July 1, 1992

For more than four decades, the U.S. has been the largest contributor to not only the IMF but also to all of the other multilateral-aid institutions, such as the World Bank. Indeed, Washington even provides the largest check to the African Development Bank, the Asian Development Bank, the European Bank of Reconstruction and Development, and ... [click for more]

Hepburn v. Griswold

by Jacob G. Hornberger June 1, 1992

In 1860, Susan P. Hepburn executed a promissory note in which she expressly promised to repay a loan of one thousand dollars. When the note came due in 1862, Hepburn tendered to Henry A. Griswold, the owner of the note, United States governmental notes totaling the amount of the debt. Griswold refused the tender and sued Hepburn for his ... [click for more]

Playing Monopoly in the Real World

by Jacob G. Hornberger May 1, 1992

There are three major monopolies in the United States that have plagued the American people throughout most of this century. Yet despite their professed opposition to monopolies, the American people simply cannot bring themselves to end them. But end them we must — for they are among the most tyrannical and destructive aspects of the American welfare-state, regulated-economy way ... [click for more]

Quick Fixes and Economic Fallacies

by Richard M. Ebeling May 1, 1992

The famous English economist Alfred Marshall is reported to have once remarked that "students of social science must fear popular approval; evil is with them when all men speak well of them. If there is any set of opinions by the advocacy of which a newspaper can increase its sales, then the student . . . is bound to ... [click for more]