Inflation Is Legalized Robbery, Part 2 by Gregory Bresiger January 1, 2007 Part 1 | Part 2 Whether one believes in the “price stability” policies of our nation’s central bank, or believes such policies have caused countless economic problems, the onus is on the Federal Reserve. It is a strange, quasi-secret public/private agency with little or no accountability.
The Myth of War Prosperity, Part 2 by Anthony Gregory January 1, 2007 Part 1 | Part 2 Depression, War, and Cold War: Studies in Political Economy by Robert Higgs (Oxford University Press: 2006); 240 pages; $35. So the New Deal was far from a success. But most conservatives and even many leftist scholars will concede this; ...
The Choir is Key! by Jacob G. Hornberger December 1, 2006 Dear Friend of FFF, We need your end-of-year financial support more than ever! With the U.S. mired in the quicksand of Iraq, with out-of-control federal expenditures causing the dollar to plunge in international markets, and with civil liberties of the American people under the greatest federal assault in our lifetime, the question naturally arises: What can we do to restore American ...
Thinking about Foreign Policy by Sheldon Richman December 1, 2006 The reason there is so much sloppy thinking about foreign policy among libertarians (not to mention nearly everyone else) is that most people don’t know how to approach the subject. You can see this whenever someone uses analogies such as the bully on a playground or the madman with a baby ...
My Time in the Tower of London by James Bovard December 1, 2006 I visited the Tower of London in May on an overcast, dreary Friday afternoon. The home of so many famous executions and king-approved murders is kept in spiffy shape. The tour guide — a former British sergeant-military wearing a large “Beefeater”-style hat — regaled listeners with tales of beheadings gone wrong, drunks with axes hacking ...
The Failed Attempt to Leash the Dogs of War by Bart Frazier December 1, 2006 Of the many powers that government is granted, none has more potential for disaster than the power to wage war. Not only does warfare cost a country in terms of lost lives, it also has detrimental effects on the economy and society itself. In order to keep the country out of senseless and unjust ...
Inflation Is Legalized Robbery, Part 1 by Gregory Bresiger December 1, 2006 Part 1 | Part 2 Inflation. It’s the biggest problem in the world. — Paul Cabot, legendary money manager quoted in The Money Masters, by John Train. A dangerous specter once again haunts our economy, our pocketbooks, and the value of almost ...
I Lift My Sword above the Bolted Door by Samuel Bostaph December 1, 2006 Emma Lazarus had better stay in her grave if she knows what’s good for her. Why do I say that? Well, the blackhearted villainess deliberately contributed to what is now known as “the immigrant problem.” When she wrote her sonnet “The New Colossus,” and donated it to be auctioned off as part of the fundraising to build a pedestal ...
The Myth of War Prosperity, Part 1 by Anthony Gregory December 1, 2006 Part 1 | Part 2 Depression, War, and Cold War: Studies in Political Economy by Robert Higgs (Oxford University Press: 2006); 240 pages; $35. During the run-up to the Iraq war, along with all the other myths circulating about U.S. foreign policy, economic misconceptions ...
The “Value” of Public Schooling by Jacob G. Hornberger November 1, 2006 There are two major values of public schooling, from the perspective of government officials. One, this institution provides the means by which government officials can slowly but surely, over a period of 12 years, mold the mindsets of children into one of conformity and obedience to authority. Second, public ...
A Real Free Market Benefits Workers by Sheldon Richman November 1, 2006 Hands are wringing over bleak reports that despite increased productivity, workers generally are losing ground: real median income — adjusted for government-caused inflation — is said to be falling. Meanwhile, corporate profits are skyrocketing, and the wealthiest are doing fine. In other words, the benefits of economic growth are said ...
The Bush Torture Memos by James Bovard November 1, 2006 President Bush is proposing to medievalize the American legal code by permitting the use of coerced confessions in judicial proceedings. This is one of the most stunning proposals in U.S. political life since Franklin Roosevelt banned private ownership of gold in 1933. It is vital for Americans to understand the ...