by Jacob G. Hornberger
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]
by Richard M. Ebeling
Constitutional Economics
by James M. Buchanan (Cambridge, Massachusetts: Basil Blackwell, 1991); 137 pages; $29.95
What are the reasons behind the growth of government in the 20th century? And why has it been so difficult to diminish the size of government even when many in society may have come to the conclusion ... [click for more]
by David F. Nolan
On December 15, 1991, the United States celebrated the 200th anniversary of the Bill of Rights. The importance of this document is hard to overstate; by any measure, it is one of the great landmarks in the advancement of human rights and liberty.
Our forefathers created this staunch bulwark to Secure ... [click for more]
by C.W. Anderson
The 1980s, economist Milton Friedman writes, witnessed "a sea change in the direction of public thinking about government's ability to solve economic and social problems." In fact, the idea of getting government off our backs became a live issue, worldwide. Although there was little change in the size or power of government "The prospect is ... [click for more]
by Milton Friedman
The Federal Communications Commission seeks to enforce a "fairness doctrine" on radio and TV stations. We suffered numerous "fair trade" laws, until they were declared unenforceable. One businessman vies with another in proclaiming his faith in competition provided that it is "fair."
Yet, scrutinize word for word the Declaration of Independence, the Constitution, and the Bill of Rights, and you ... [click for more]
by John T. Flynn
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]
by Jacob G. Hornberger
Two hundred years ago, our American ancestors instituted the most unusual political system in history. The Constitution called into existence a government whose powers, for the first time ever, were extremely limited. Thus, unlike other people throughout history, Americans lived without such things as income taxation, welfare, licensure, immigration ... [click for more]
by Alan Barth
The government of the United States, for all its majesty, is a government of limited powers. It operates under the terms of a fundamental charter — a written Constitution — which specifies what it may do, and also what it may not do, and which fixes certain procedures for its dealings with its citizens.
If a Constitution is to have ... [click for more]
by Jacob G. Hornberger
One of the real tragedies in the struggle for freedom in the United States in the latter part of the 20th century has been the forgotten importance of civil liberties. While economic liberty provides the focal point of most of the efforts of freedom devotees, and rightfully so, it is vitally important that we never forget that all aspects ... [click for more]
by Hugo L. Black
Today most Americans seem to have forgotten the ancient evils which forced their ancestors to flee to this new country and to form a government stripped of old powers used to oppress them. But the Americans who supported the Revolution and the adoption of our Constitution knew firsthand the dangers of tyrannical governments. They were familiar with the long ... [click for more]
by Rose Wilder Lane
... In 1922, as a foreign correspondent in Budapest, I accompanied . . . a police raid.... We set out at ten o'clock at night, leading sixty policemen who moved with the beautiful precision of soldiers.
They surrounded a section of the workingmen's quarter of the city and closed in, while the Chief explained that this was ordinary routine; the ... [click for more]
by Jacob G. Hornberger
The world in the latter part of the 20th century is worshiping at the shrine of democracy. And leading the pack are the American politicians. Now that the nations of Eastern Europe, the Soviet Union, and Nicaragua have moved toward democratic elections, the hostile attitude of United States politicians toward ... [click for more]