Freedom Daily Archive

Book Review: Two Essays by Ludwig Von Mises

by Richard M. Ebeling September 1, 1992

Two Essays by Ludwig Von Mises: Liberty and Property and Middle-of-the-Road Leads to Socialism (Auburn: The Ludwig von Mises Institute, 1991); 74 pages; $5.00. Ludwig von Mises's position as the 20th century's preeminent advocate of the market economy is based upon his seminal works on economic theory and policy. The Theory of Money and Credit (1912) and Monetary Stabilization ...

The Constitution and the Rule of Law

by Jacob G. Hornberger August 1, 1992

In 1944, Friedrich A. Hayek wrote one of the most thought-provoking books of our time — The Road to Serfdom. Hayek warned that Great Britain and the United States were abandoning their heritage of liberty and adopting the economic principles of the Nazis, fascists, and socialists. It was not a ...

Up from Serfdom: Friedrich A. Hayek and the Defense of Liberty

by Richard M. Ebeling August 1, 1992

Friedrich August von Hayek was one of the greatest economists and political philosophers of the 20th century. After Ludwig von Mises, Professor Hayek was the leading figure of the Austrian School of Economics during the last six decades. He also was one of the most profound defenders of liberty during the last two hundred years. With his death on ...

The Rise, Fall, and Renaissance of Classical Liberalism, Part 1

by Ralph Raico August 1, 1992

Part 1 | Part 2 | Part 3 Classical liberalism — or simply liberalism, as it was called until around the turn of the century — is the signature political philosophy of Western civilization. Hints and suggestions of the liberal idea can be found in other great cultures. But it was the distinctive society produced in Europe — ...

Book Review: The Collected Works of F.A. Hayek, Volume 4

by Richard M. Ebeling August 1, 1992

The Collected Works of F.A. Hayek, Volume 4: The Fortunes of Liberalism, Essays on Austrian Economics and the Ideal of Freedom (Chicago: The University of Chicago, 1992); 279 pages; $29.95. Classical liberalism has been under attack for practically all of the 20th century. After a hundred years of liberalism's triumphs ...

Dismantling America’s Military Empire

by Jacob G. Hornberger July 1, 1992

As President Dwight D. Eisenhower warned us thirty years ago, the military-industrial complex is a menace and a threat to the freedom and well-being of the American people. The time has come to dismantle America's military empire. Since the end of World War II, the proponents of conscription, taxation, military spending, and war repeatedly told us, ...

The Interventionist State Should Not Be the Nation’s Business

by Richard M. Ebeling July 1, 1992

In 1966, a well-known business-affairs columnist of the time named Donald I. Rogers wrote a short book entitled The End of Free Enterprise. His theme was that the American business community had lost its way intellectually and ideologically. "What the business world needs is a decision about the principles it stands for," Mr. Rogers argued. "It needs a credo, ...

The IMF Doesn’t Deserve a Capital Boost

by Doug Bandow July 1, 1992

For more than four decades, the U.S. has been the largest contributor to not only the IMF but also to all of the other multilateral-aid institutions, such as the World Bank. Indeed, Washington even provides the largest check to the African Development Bank, the Asian Development Bank, the European Bank of Reconstruction and Development, and ...

Book Review: A Time for War

by Richard M. Ebeling July 1, 1992

A Time for War: Franklin D. Roosevelt and the Path to Pearl Harbor by Robert Smith Thompson (New York: Prentice Hall Press, 1991); 449 pages; $24.95. As the 1940 presidential campaign was approaching its conclusion, President Franklin Roosevelt — running for an unprecedented third term of office — delivered an address in Boston on October 30. He stated unequivocally his position ...

Spending Our Way to Prosperity

by Jacob G. Hornberger June 1, 1992

American politicians and bureaucrats continually bombard us with the notion that the road to prosperity lies in increased spending by the citizenry. It is one of the most destructive economic myths promoted by our governmental officials. And unless the American people carefully reason out the processes by which people ...

Political Correctness and the Closed Society

by Richard M. Ebeling June 1, 1992

In February 1992, the Center for Constructive Alternatives of Hillsdale College in Michigan organized a five-day conference on "Thought Police on Campus: Is Academic Freedom in Danger?" Among the speakers invited to participate as opponents of political correctness in academia were Charles Sykes (author of Profscam and The Hollow Men,) Shelby Steele (author of The Content ...

A Free Market for Health Care

by Sheldon Richman June 1, 1992

Concerned about rising costs the number of Americans without medical insurance, nearly everyone is these days about a day goes by without a presidential or a magazine calling for something drastic to be done. Each advocate maintains that his plan will bring skyrocketing costs under control, make health care accessible to low-income people, and bring health insurance within the ...