Book Review: Market Liberalism by Richard M. Ebeling November 1, 1993 Market Liberalism: A Paradigm for the 21st Century edited by David Boaz and Edward H. Crane (Washington, D.C.: Cato Institute, 1993); 404 pages; $15.95. As the 20th century approaches its end, the American people face the challenge of deciding their political and economic future. Socialism has been defeated. The experience of the ...
What President Clinton Should Have Said to the Japanese, Part 1 by Jacob G. Hornberger October 1, 1993 Part 1 | Part 2 | Part 3 I am deeply grateful for the opportunity to visit Japan and to speak to you, the Japanese people, during my first year as president of the United States. I am here not only to fortify friendships between our nations, but also to announce major changes regarding relations between the U.S. ...
Free Trade, Managed Trade and the State, Part 3 by Richard M. Ebeling October 1, 1993 Part 1 | Part 2 | Part 3 | Part 4 | Part 5 "Protectionism is purely and highly socialistic," American economist Francis Walker observed in 1887. "Its purpose is so to operate upon individual choices and aims, so to influence private enterprise and the investments of capital, as to secure the building up, within the ...
How Police Confiscation Is Destroying America, Part 1 by Jarret B. Wollstein October 1, 1993 Part 1 | Part 2 Throughout America, police are now seizing cars, houses and bank accounts — without trial . . . and killing innocent Americans. The police now have the legal power to confiscate anything and everything that you own. Without trial, conviction, or even indictment, police are seizing cars, bank accounts, homes, and businesses from at least 5,000 ...
Laws That Are Criminal by Otto Scott October 1, 1993 Until recently, forfeiture laws were a part of the English and colonial past. They were revived during the Civil War, when — in 1862 — an Abolitionist Congress permitted the president to seize the homes and estates of Confederate soldiers. This power was used especially during the postwar Reconstruction period ...
Book Review: Out of Work by Richard M. Ebeling October 1, 1993 Out of Work: Unemployment and Government in Twentieth-Century America by Richard K. Vedder and Lowell E. Gallaway (New York/London: Holmes & Meier, 1993); 336 pages. In 1932, the English economist Edwin Cannan delivered the presidential address to the Royal Economic Society. His topic was "The Demand for Labor." With the Great ...
Serfs on the Plantation, Part 4 by Jacob G. Hornberger September 1, 1993 Part 1 | Part 2 | Part 3 | Part 4 David Koresh and his followers challenged the cult of the omnipotent state. And for that, they paid the ultimate price — death at the hands of United States governmental officials. The message was a powerful one for American serfs: "As long as you behave and obey, ...
Free Trade, Managed Trade and the State, Part 2 by Richard M. Ebeling September 1, 1993 Part 1 | Part 2 | Part 3 | Part 4 | Part 5 In 1836, the English classical liberal Henry Fairbairn looked into the future and this is what he saw: "Seeing then, that in the natural order of things the triumph of Free Trade principles is now inevitable, magnificent indeed are the prospects that ...
Misreading the Industrial Revolution by Lawrence W. Reed September 1, 1993 Those of us who are advocates of the spontaneous order of an unfettered market are forever stomping out the fires of fallacious reasoning and anticapitalistic bias. It seems that as we set one record straight, opponents of the market manage to pervert ten others. We spend as much time explaining ...
The Environment Since the Industrial Revolution by Harry Lee Smith September 1, 1993 The unprecedented improvements in the quality of human life during the past 200 years have been the direct result of the individual freedom, technology, industry, and economic growth that began to flower during the Industrial Revolution. The dramatic increase in life expectancy, and hence population, since the Industrial Revolution can be attributed to what may be called "Old Environmentalism" — ...
Facts about the “Industrial Revolution” by Ludwig von Mises September 1, 1993 Socialist and interventionist authors assert that the history of modern industrialism and especially the history of the British "Industrial Revolution" provide an empirical verification of the "realistic" or "institutional" doctrine and utterly explode the "abstract" dogmatism of the economists. The economists flatly deny that labor unions and government prolabor legislation can and did lastingly benefit the whole class of wage ...
Book Review: Mises by Richard M. Ebeling September 1, 1993 Mises: An Annotated Bibliography compiled by Bettina Bien Greaves and Robert W. McGee (Irvington-on-Hudson, New York: The Foundation for Economic Education, 1993); 391 pages; $14.95. In his 1894 book, The Tyranny of Socialism, the French classical liberal Yves Guyot admitted that "we, who are endeavoring to recall the principles of equality before the law and the guarantees of individual liberty, are ...