Book Review: Monetarist Economics by Richard M. Ebeling February 1, 1992 Monetarist Economics by Milton Friedman (Cambridge: Basil Blackwell, 1991); 188 pages; $29.95 In the 1950s, for all practical purposes, there was only one type of economics — Keynesian economics. In the ten years after John Maynard Keynes published his 1936 volume The General Theory of Money, Interest and Money, the vast majority of American and British economists were won over ...
Crime in America by Jacob G. Hornberger January 1, 1992 As the English philosopher John Locke observed in his Two Treatises on Government, man's life, liberty, and property are not privileges bestowed by government. They are inherent and basic rights that preexist government. Thus, individuals have the natural or God-given right to live their lives in any way they choose, as long as they do so peacefully. Why was ...
The Causes and Consequences of World War II, Part 3 by Richard M. Ebeling January 1, 1992 Part 1 | Part 2 | Part 3 In 1945, Nazi totalitarianism was destroyed by the military might of the wartime allies. But within a few months of victory, our comrade-in-arms, "Uncle Joe" Stalin (as he was affectionately referred to by President Franklin Roosevelt), was making it clear that the postwar period would not be an era of ...
The Drug War Hits Home by David Boaz January 1, 1992 Grady McClendon, 53, his wife, two of their adult children, and two grand- children were driving a rented car through Georgia to their Florida home when McClendon made a wrong turn on a one-way street. Local police stopped him, checked his identification, and asked to search the car. He agreed. Opening suitcases and purses, the ...
Book Review: Economic Freedom by Richard M. Ebeling January 1, 1992 Economic Freedom by F.A. Hayek (Cambridge: Basil Blackwell, 1991); 415 pages; $29.95. The two scourges of the 20th century have been socialism and Keynesian economics. Socialism produced the worst forms of tyranny ever known in the history of man. Keynesian economics served as the intellectual rationale for the growth of governmental ...
December 7, 1941: The Infamy of FDR by Jacob G. Hornberger December 1, 1991 The Japanese attack on Pearl Harbor, Hawaii — December 7, 1941 — killed or injured over 4,500 Americans. It destroyed most of America's Pacific fleet. Almost 200 American aircraft were lost. Although America's defenders at Pearl Harbor fought bravely and courageously, the attack resulted in a massacre. There is no better example of the political indoctrination which the American people ...
The Causes and Consequences of World War II, Part 2 by Richard M. Ebeling December 1, 1991 Part 1 | Part 2 | Part 3 World War II was not a war between freedom and tyranny. Rather it was a conflict between alternative systems of collectivism. By the 1930s, there was not one major country devoted to and practicing the principles of classical liberalism — the political philosophy of individual liberty, free-market capitalism and free ...
Pearl Harbor: The Controversy Continues by Sheldon Richman December 1, 1991 At 7:53 am. on Sunday, December 7, 1941, a Japanese force of 183 fighters, bombers, and torpedo planes struck the United States Pacific fleet at Pearl Harbor, Hawaii. Some 4,500 Americans were killed or wounded. As news of the surprise attack spread, William F. Friedman, an Army cryptanalyst who had helped to break the Japanese ...
Book Review: Betrayal at Pearl Harbor by Richard M. Ebeling December 1, 1991 Betrayal at Pearl Harbor: How Churchill Lured Roosevelt into World War II by James Rusbridger and Eric Nave (New York: Summit Books, 1991); 302 pages; $19.95. In the early morning of December 7,1941, Japanese bombers began their attack rim over Pearl Harbor. When the Japanese had finished their bombing runs, a large portion of the United States Pacific fleet had been ...
The Much-Coveted World War II by Jacob G. Hornberger November 1, 1991 From the first grade in their government-approved schools, Americans are taught never to question the consequences of America's participation in World War II. "We defeated Hitler. Freedom prevailed over tyranny," we are taught "and there is nothing further to consider or discuss." The political indoctrination is so complete that the minds of many Americans will forever remain closed to ...
The Causes and Consequences of World War II, Part 1 by Richard M. Ebeling November 1, 1991 Part 1 | Part 2 | Part 3 When World War II ended in 1945, most of Europe lay in ruins. German cities like Dresden and Hamburg had practically been cremated from day-and-night Allied fire-bombings. Warsaw had been almost leveled to the ground by the Germans. The scorched-earth policies of both the Nazis and the Soviets had left ...
The Consequences of World War II by Sheldon Richman November 1, 1991 World War II is often viewed as the last good war. In contrast to the wars that followed it — Korea and Vietnam, primarily World War II is said to have had a clear purpose: the smashing of Nazism and fascism and all the horrible things for which they stood. The description "last good war" also implies that the ...