Freedom Daily Archive

Loving the Poor and Compassionate Conservatism

by Jacob G. Hornberger April 1, 1999

One of the biggest con jobs in American political history has been that which the Democratic Party has perpetrated on the American people. To justify the existence of the socialistic welfare state, along with the $1.7 trillion in taxation needed to fund it, Democrats proclaim, "We love the poor, the ...

Monetary Central Planning and the State, Part 28: The Chicago and Austrian Economists on Money, Inflation, and the Great Depression

by Richard M. Ebeling April 1, 1999

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Know Your Government

by Sheldon Richman April 1, 1999

The Federal Deposit Insurance Corporation (FDIC) has a new way to protect us and our banks. It proposes a mandatory program for insured nonmember banks called "Know Your Customer." (Member banks are presumably already under such an obligation.) This is not some friendly way for banks to serve us better. No, this is right out of Orwell. Here's what Big ...

Cutthroat Competition and Dead Chickens

by James Bovard April 1, 1999

President Franklin Roosevelt's New Deal created much of the moral framework of contemporary political thought. The National Industrial Recovery Act (NIRA), a hallmark of Roosevelt's first hundred days in office, symbolizes blind faith in government as moral savior. In a May 17, 1933, message, Roosevelt called for Congress to "provide for the machinery necessary for a great cooperative movement throughout ...

FDR – The Man, the Leader, the Legacy, Part 6

by Ralph Raico April 1, 1999

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Table of Contents In the course of the 1920s, Roosevelt had grown ...

Book Review: The Roosevelt Myth

by Richard M. Ebeling April 1, 1999

The Roosevelt Myth: 50th Anniversary Edition by John T. Flynn (San Francisco: Fox and Wilkes, 1998); 437pages; $24.95. When President Franklin Delano Roosevelt died on April 12, 1945, there followed a vast outpouring of despair and sadness from one end of the United States to the other. For more than 12 years, FDR had occupied the White House, having won ...

A Libertarian Visits South America

by Jacob G. Hornberger March 1, 1999

Last fall, I was invited to South America by two free-market think tanks — the Instituto de Estudos Empresariais (IEE — Institute for Entrepreneurial Studies) in Porto Alegre, Brazil, and the Fundación Atlas para una Sociedad Libre (Atlas Foundation for a Free Society) in Buenos Aires, Argentina. I thought the readers of Freedom Daily might find my experiences ...

Monetary Central Planning and the State, Part 27: Milton Friedman’s Second Thoughts on the Costs of Paper Money

by Richard M. Ebeling March 1, 1999

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Thank You, Mr. President

by Sheldon Richman March 1, 1999

Maybe we should be grateful for and to President Clinton. Not since Richard Nixon has a tenure in the White House illustrated the evils of the political class with such clarity. Every day brings a new lesson. Libertarians get it. Let's hope the rest of America does too. The last few months have been most enlightening. Through much of 1998, ...

Robbery with an Environmental Badge

by James Bovard March 1, 1999

As the federal government has devoted itself to rescuing Americans from more perils, fair treatment of individuals is a luxury that the government can no longer afford. Few programs better illustrate the modern contempt for due process than Superfund. Congress enacted Superfund in 1980 to deal with the problem of abandoned hazardous waste sites. Since 1980, the Environmental Protection Agency ...

Putting the Taxpayers at Risk, Part 3

by Doug Bandow March 1, 1999

Part 1 | Part 2 | Part 3 What is driving support for the multilateral development banks (MDBs) is businesses' constant quest for government handouts. Groups such as the Chamber of Commerce and National Association of Manufacturers spare no expense in lobbying Congress to toss money abroad in the hopes that some of it will be used to purchase ...

Book Review: Is There a Third Way?

by Richard M. Ebeling March 1, 1999

Is There a Third Way? by Michael Novak (London: Institute of Economic Affairs, 1998); 62 pages; £6.00. In spite of the failure and collapse of Soviet-style socialism and the free market's demonstration of its superiority over all forms of central planning, the ideal that still guides most intellectuals and all governments is the "middle way" of the interventionist-welfare state. While ...