Why is it that government grows in size and scope, and is so difficult to stop or reverse? Political economist, Gordon Tullock, who passed away on November 3, 2014 at the age of 92, was a path-breaker is explaining ...
October 25th marked the 247th birthday of one of the greatest voices of liberty, the French political philosopher of freedom, Benjamin Constant. He may not be a household name to friends of freedom today, but he should be. He ...
On October 13th, the 2014 Nobel Prize in Economics was announced in Stockholm, Sweden, with French economist, Jean Tirole, the recipient for his work on developing models to better assist governments in regulating private enterprise.
A couple of weeks ...
Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Credit by the Austrian economist, Ludwig von ...
Suppose that there was a button in front of you that if you pushed it would, in one instant, abolish all the governmental controls and regulations on the U.S. economy. Would you push that button, and transform America into ...
Forty years ago, on October 9, 1974, the Nobel Prize committee announced that the co-recipient of that year’s award for economics was the Austrian economist, Friedrich A. Hayek. Never was there a more deserving recognition for one of the ...
One of the greatest hurdles to a successful achievement of liberty in society is all due to the little word, “but.” People will often say, “Oh, I believe in freedom in principle, but . . .” That “but” is ...
A fundamental fallacy of our time is that democracy is the open-sesame to peace, freedom, and prosperity. The political events surrounding what was called the ill-fated “Arab Spring” a couple of years ago was a based on the idea ...
One of the great fallacies arrogantly believed in by those in political power is the notion that they can know enough to manage and command the lives of everyone in society with better results than if people are left ...
America! For more than two hundred years the word has represented hope, opportunity, a second chance, and freedom. In America the accident of a man’s birth did not serve as an inescapable weight that dictated a person’s fate or ...
