The Failed Attempt to Leash the Dogs of War by Bart Frazier December 1, 2006 Of the many powers that government is granted, none has more potential for disaster than the power to wage war. Not only does warfare cost a country in terms of lost lives, it also has detrimental effects on the economy and society itself. In order to keep the country out of senseless and unjust ...
Inflation Is Legalized Robbery, Part 1 by Gregory Bresiger December 1, 2006 Part 1 | Part 2 Inflation. It’s the biggest problem in the world. — Paul Cabot, legendary money manager quoted in The Money Masters, by John Train. A dangerous specter once again haunts our economy, our pocketbooks, and the value of almost ...
I Lift My Sword above the Bolted Door by Samuel Bostaph December 1, 2006 Emma Lazarus had better stay in her grave if she knows what’s good for her. Why do I say that? Well, the blackhearted villainess deliberately contributed to what is now known as “the immigrant problem.” When she wrote her sonnet “The New Colossus,” and donated it to be auctioned off as part of the fundraising to build a pedestal ...
The Myth of War Prosperity, Part 1 by Anthony Gregory December 1, 2006 Part 1 | Part 2 Depression, War, and Cold War: Studies in Political Economy by Robert Higgs (Oxford University Press: 2006); 240 pages; $35. During the run-up to the Iraq war, along with all the other myths circulating about U.S. foreign policy, economic misconceptions ...
Restoring Freedom and the Republic by Jacob G. Hornberger November 27, 2006 Dear Friend of FFF: I have never been more excited about a conference in my life. Next June 14, 2007, The Future of Freedom Foundation is holding one of the most important conferences in the history of the libertarian movement, Restoring the Republic: Foreign Policy and Civil Liberties. For 3 1/2 days, ...
Personal Preference and Local Tyranny by Scott McPherson November 22, 2006 Encouraged by a 13-year-old court ruling, the City of Concord, New Hampshire, two months ago banned businesses from displaying electronic signs. Already that ban has caused controversy, with a local businessman suing the city in federal court. The city bases its decision on a 1993 ruling by the state supreme court, which ...
Thank You, Milton Friedman by Sheldon Richman November 20, 2006 Milton Friedman, the Nobel Prize-winning economist who died at 94 last week, told the economics profession and the public many things they needed to hear. After World War II, thanks to the theories of John Maynard Keynes, most economists and policymakers believed that government should manage the economy through ...
Trapped in Lies and Delusions by Jacob G. Hornberger November 20, 2006 I could, of course, be proven wrong but my hunch is that the United States will be trapped in Iraq for the indefinite future. Despite the recent election results and increasing demand among the American people for a withdrawal, I believe that there is no possibility that President Bush is going ...
Milton Friedman, R.I.P. by Jacob G. Hornberger November 17, 2006 I will leave it to others to remind people of the enormous contributions that Milton Friedman, who died yesterday, made to economics and liberty during his long life. I thought instead that I would relate three times that my life intersected with Friedman, all of which were big personal highlights ...
Misplaced Nostalgia by Sheldon Richman November 17, 2006 Before we get too nostalgic about the foreign-policy prowess of the George H.W. Bush administration, we should remind ourselves of what happened from 1989 through 1992. I understand that, compared to the bunch running things now, nearly anyone would look good. But I sense almost a giddiness about the supposed ...
The Education Debate We’re Not Having by Scott McPherson November 15, 2006 My adopted state of New Hampshire may be at a crossroads. The state supreme court has commanded the legislature to find a new way of funding public schools by next summer, or else the justices will impose a solution of their own. Many people here fear that a directive from ...
The Repudiation of Bush by Sheldon Richman November 10, 2006 Power tends to corrupt, Lord Acton famously said. And absolute power corrupts absolutely. The voters apparently agreed. Its reasonable to conclude from the election results that most voters felt the Republicans had been in power too long. The hopeless war in Iraq, the culture of corruption and incompetence, the spending binge (which includes the war), the grating social conservatism, and ...