Book Reviews

The Roots of America’s Financial Crises

by Martin Morse Wooster May 1, 2012

Inflated: How Money and Debt Built the American Dream by R. Christopher Whalen (Hoboken, New Jersey: Wiley, 2010); 393 pages. It is obvious by now that the massive U.S. debt cannot be sustained. Last year’s downgrading by Standard and Poor’s of the U.S. government’s credit rating is but the latest signal that the Obama administration’s policy of an ever-expanding ...

Open Societies and Spontaneous Orders

by Richard M. Ebeling April 20, 2012

Popper, Hayek and the Open Society by Calvin Hayes (London/New York: Routledge, 2009); 284 pages. Friedrich A. Hayek and Karl Popper were two of the most influential and internationally recognized critics of totalitarian collectivism in the 20th century. Hayek’s Road to Serfdom (1944) and Popper’s Open Society and Its Enemies (1945) helped change the intellectual climate at a time when ...

The Natural Right to Be Free

by Laurence M. Vance March 1, 2012

It Is Dangerous to Be Right When the Government Is Wrong: The Case for Personal Freedom by Andrew P. Napolitano (Nashville: Thomas Nelson, 2011); 240 pages. Three recent books on libertarianism — Jeffrey A. Miron’s Libertarianism, from A to Z (Basic Books, 2010); Jacob H. Huebert’s Libertarianism Today (Praeger, 2010); and Tom G. Palmer’s Realizing Freedom: Libertarian Theory, History, ...

Fear, Inc.

by Matthew Harwood February 1, 2012

Top Secret America: The Rise of the New American Security State by Dana Priest and William Arkin (New York: Little, Brown and Company, 2011); 320 pages. All Americans are equal, but some are more equal than others. Since the attacks of September 11, a new, powerful class of people has swarmed into the nation’s capital and its surrounding suburbs. Armed ...

What Are You Afraid Of if You Have Nothing to Hide?

by Matthew Harwood January 1, 2012

The Rights of the People: How Our Search for Safety Invades our Liberties by David K. shipler (New York: Knopf 2011), 384 pages. Late this past spring, two U.S. senators finally had the courage to look Big Brother in its inhuman, electronic eye and try to come clean on the USA PATRIOT Act. According to Sens. Ron Wyden (D-Org.) ...

Who Was the Real Thomas Jefferson?

by Thomas E. Woods Jr. December 20, 2011

Liberty, State, & Union: The Political Theory of Thomas Jefferson by Luigi Marco Bassani (Macon, Ga.: Mercer University Press, 2010); 277 pages. No one doubts that our understanding of historical figures may need to be revisited from time to time. But academic specialists have been known to overreach. To portray a historical figure in a light exactly opposed to the ...

Prosecutors Gone Wild

by George Leef November 1, 2011

One Nation Under Arrest: How Crazy Laws, Rogue Prosecutors, and Activist Judges Threaten Your Liberty edited by Paul Rosenzweig and Brian W. Walsh (Washington, D.C.: Heritage Foundation, 2010); 268 pages. A good case can be made that the overcriminalization of the law is among America’s most serious national problems. True, America’s economic troubles are ...

Game Theory and the Dark Side of Envy

by Richard M. Ebeling October 1, 2011

Von Neumann, Morgenstern, and the Creation of Game Theory by Robert Leonard, Cambridge: Cambridge University Press, (2010); 390 pages. Economist Oskar Morgenstern is best known as the co-developer, with mathematician John von Neumann, of game theory. Game theory emerged out of curiosities about logic and strategies of games such as chess, where each player must take into consideration the ...

Is There a Right to Earn a Living?

by George Leef September 3, 2011

The Right to Earn a Living: Economic Freedom and the Law by Timothy Sandefur (Washington, D.C.: Cato Institute, 2010) Is there a right to earn a living? Most Americans would answer, “Of course there is, but ...” Following that “but” you would get a long list of exceptions and qualifications that whittle away at the right, such as “but ...

Rolling Back the Myth of Good Government

by Laurence M. Vance August 20, 2011

Rollback: Repealing Big Government before the Coming Financial Collapse by Thomas E. Woods Jr. (Washington D.C.: Regnery, 2011); 232 pages. The government of the United States has secured the confidence and consent of the American people through myths of its benevolence, provision, innovation, achievements, scientific advances, educational system, and protection. It takes credit for everything good that happens ...

Understanding the U.S. Torture State

by Anthony Gregory July 15, 2011

The United States and Torture: Interrogation, Incarceration, and Abuse edited by Marjorie Cohn (New York University Press: 2011), 342 pages. When I was a child in Reagan’s America, a common theme in Cold War rhetoric was that the Soviets tortured people and detained them without cause, extracted phony confessions through cruel violence, did the unspeakable to detainees who were helpless ...

The Roots of Infamy at Pearl Harbor

by George Leef June 15, 2011

Pearl Harbor: The Seeds and Fruits of Infamy by Percy L. Greaves Jr., edited by Bettina Bien Greaves (Auburn, Ala., Ludwig von Mises Institute, 2010). December 7, 1941 — a day that will live in infamy. Franklin D. Roosevelt was right about that. The attack by the Japanese Navy on the U.S. Pacific Fleet at Pearl Harbor certainly was infamous. ...