Clinton, Castro, and Cuba by Jacob G. Hornberger October 1, 1994 August 19, 1994, will go down as a black day in the history of the United States. On that day, President William Jefferson Clinton began jailing Cuban refugees in an American concentration center on the American side of Cuba. It was the first time since the Cuban revolution in 1959 that ...
The Greying of the Conservative Idea: Freedom and the Social Order by Richard M. Ebeling October 1, 1994 Ours is a time without a consistent ideological or philosophical direction. The utopian dreams that dominated more than three-quarters of our century have lost their attractiveness for most people, after the attempt to implement them produced nothing but death camps, slave labor, and mass terror. Fascism, National Socialism, and ...
The Forgotten Argument for Free Trade by Samuel Bostaph October 1, 1994 Like most public policy debates in the United States of the Bush-Clinton era, the debates preceding congressional approval of the North American Free Trade Agreement (NAFTA) consisted mostly of extensive public wrangling over who might gain and who might lose if NAFTA passed. Self-proclaimed champions for various special-interest groups debated the job-creating versus job-destroying potential of the agreement, the implications ...
The United States: A Protectionist Nation by James Bovard October 1, 1994 In talking about trade, many politicians rely on the Big Lie — the simple assertion that America is the most open market in the world, and, therefore, that any criticisms of our existing trade policies for being protectionist are absurd. But sifting through the details of trade policy can provide insight — and entertainment. One of the best ways ...
Separating Money and the State, Part 1: Eighty Years of Destruction by Douglas E. French October 1, 1994 Part 1 | Part 2 On December 23, 1993, the Federal Reserve System marked its 80th birthday. But few were celebrating. The Federal Reserve Act, which was signed into law in 1913 by President Woodrow Wilson, is described by economist Hans Sennholz as "probably the most tragic blunder ever committed by ...
Book Review: Death by Government by Richard M. Ebeling October 1, 1994 Death by Government by R. J. Rummel (New Brunswick, N.J.: Transaction Publishers, 1994) 496 pages, $49.95. In 1900, when the 20th century was about to begin, practically all political commentators, social analysts, and newspaper editorialists were sure that the new century would bring greater economic prosperity, more personal liberty and human freedom, and fewer wars and conflicts around the world. Democratic ...
The Nazi Mind-Set in America, Part 2 by Jacob G. Hornberger September 1, 1994 Part 1 | Part 2 Political killings of innocent people could never happen in America, our fellow citizens tell us. America is a democracy. But so was Nazi Germany. Hitler was popularly elected, and his economic policies were widely favored and acclaimed (by Germans and Americans!). But there is another basic problem with that assertion: it is happening ...
Social Conflict, Self-Determination, and the Boundaries of the State by Richard M. Ebeling September 1, 1994 For the advocate of classical or market liberalism, the depoliticization of economic life is considered the primary avenue for the diminishment of social and cultural tensions in society. The removal of the state from all involvement in market activities, other than as protector of life and property and legal ...
The Immorality of Protectionism by James Bovard September 1, 1994 The tariff is the protection the wolf gave the lamb. —Rep. James Beck, 1882 Protectionism produces political corruption, economic stagnation, and international conflict. Yet, many people will insist that even though protectionism hinders a nation's ability to feed, clothe, and house itself, the moral gains from protectionism are greater than the economic losses. But what is the moral core ...
Trade and Immigration Controls Assault the Right to Life by Sheldon Richman September 1, 1994 Ask Americans if they believe in the right to life, liberty, and the pursuit of happiness, and they will say yes. But ask if they believe people should be allowed to buy all the imported products they wish without tariffs or other restrictions, and they will say no. Ask if citizens ...
Book Review: Hayek on Hayek by Richard M. Ebeling September 1, 1994 Hayek on Hayek: An Autobiographical Dialogue by F. A. Hayek, edited by Stephen Kresge and Leif Wenar (Chicago: University of Chicago Press, 1994) $27.95; 170 pages. This year marks the fiftieth anniversary of the publication of Friedrich A. Hayek's classic volume, The Road to Serfdom. Appearing towards the end of the Second World War, it challenged many ...
The Nazi Mind-Set in America, Part 1 by Jacob G. Hornberger August 1, 1994 Part 1 | Part 2 Before the end of World War II, in 1944, Friedrich A. Hayek, who was later to win the Nobel memorial prize in economic science, startled the Western world with a book entitled The Road to Serfdom . Hayek argued that despite the war against Nazi Germany, the economic ...