by Jim Powell
Part 1 | Part 2
Many Americans may be inclined to assume that Germans were barbaric because they supported Hitler, and whatever happened there couldn’t possibly apply to the United States. But the Germans have had much more in common with Americans than we might realize.
Germans were educated and industrious. Germany had world-class universities. Germans long led the world ... [click for more]
by Sheldon Richman
Federal Reserve Chairman Ben S. Bernanke has a big task ahead of him. He has to withdraw most of the $2.2 trillion the Fed created and pumped into the banking system since 2007 before a monster inflation strikes and robs of us our purchasing power. But he has do it without sending the economy back into a recession in ... [click for more]
by Sheldon Richman
President Obama likes to portray himself as a man of the people. But a look behind the veil shows this to be a deception. Take the financial regulatory overhaul brewing in Washington.
I know what you’re thinking: What could better illustrate Obama’s bona fides as a champion of the people? He wants to regulate the banking industry after the recent ... [click for more]
by George Leef
Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse
by Thomas E. Woods (Regnery, 2009); 194 pages.
Thomas Woodss Meltdown is a truly radical book.
That is to say, it probes to the root ... [click for more]
by Jacob G. Hornberger
The following is a non-verbatim transcript of a speech I delivered on November 23, 2009, at the End the Fed rally in Philadelphia.
With the possible exception of the Internal Revenue Service, the federal agency that is the greatest threat to the financial well-being and freedom of the American people is the Federal Reserve. This is the agency that has ... [click for more]
by Steven Horwitz
On December 2, 2009, Steve Horwitz gave the following speech at The Future of Freedom Foundation’s “Economic Liberty Lecture Series.” The speech can viewed below in its entirety.
[click for more]
by Gregory Bresiger
We are playing out the latest chapter in the crisis and leviathan model in the financial-services business. It is a model in which public-sector failure leads to bigger government. It leads to success for socialists who want the government to expand into every aspect of our economy but dont want to overtly call for nationalization ... [click for more]
by Jacob G. Hornberger
Part 1 | Part 2 | Part 3 | Part 4
On April 5, 1933 — about a month after taking office — President Franklin Roosevelt issued an executive order commanding every American to turn in his gold to the federal government. The order was soon ratified by Congress, which made it a felony offense for Americans ... [click for more]
by Jacob G. Hornberger
Part 1 | Part 2 | Part 3 | Part 4
Abraham Lincoln and Franklin Roosevelt were the two presidents most responsible for the abandonment of sound money in the United States. These two U.S. presidents opened the floodgates to the monetary debauchery under which today’s Americans have suffered for their entire lives.
In waging war to prevent ... [click for more]
by Jacob G. Hornberger
Part 1 | Part 2 | Part 3 | Part 4
The Framers had experienced the ravages of paper money during the Revolutionary War and under the Articles of Confederation, and they were fully aware of how governments had plundered and looted their own citizenry with inflation throughout history. Therefore, the Framers used the Constitution to ensure ... [click for more]
by Jacob G. Hornberger
Part 1 | Part 2 | Part 3 | Part 4
Among the major threats facing the American people today is out-of-control spending at the hands of the U.S. government. It is a grave danger that people have faced throughout history from their own governments. After all, let’s not forget the oft-repeated claim by U.S. officials about ... [click for more]