Monetary Central Planning and the State, Part 16: Keynes and Keynesian Economics by Richard M. Ebeling April 1, 1998 Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...
The Price of Junk Science by Sheldon Richman April 1, 1998 The Clinton administration knows how to add insult to injury. Not only is it committed to an environmental program that will interfere with individual liberty and sap the American economy of its vitality, it also refuses to level with the American people about the costs. At the global warming conference in Kyoto, Japan, the administration signed a treaty committing the ...
The Great Sugar Shaft by James Bovard April 1, 1998 The U.S. government has devotedly jacked up American sugar prices far above world market prices since the close of the War of 1812. The sugar industry is one of America's oldest infant industries — yet it dodders with the same uncompetitiveness that it showed during the second term of James Madison. Few cases better illustrate how trade policy can ...
Forget the Trade Deficit! by Sheldon Richman April 1, 1998 Memo to newspaper editors: Stop publishing stories about the trade deficit. You are needlessly worrying people about something that means absolutely nothing. Forget the trade deficit. There's no such thing. Adam Smith, that Scot who knew a fair bit about political economy, said: "Nothing is more absurd than this doctrine of the ...
Bank Mergers and Progress by Sheldon Richman April 1, 1998 The big hullabaloo about the latest bank mergers stems from a fundamental misconception about the way the world works. The unions of Citicorp and Travelers, NationsBank and BankAmerica, and Banc One Corp. and First Chicago have to be judged against the fact that we live in a world of uncertainty. ...
FDR – The Man, the Leader, the Legacy, Part 1 by Ralph Raico April 1, 1998 Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Table of Contents As we approach the end of the 20th century, ...
Book Review: The Logic of Action by Richard M. Ebeling April 1, 1998 The Logic of Action, Volume 1: Method, Money and the Austrian School by Murray N. Rothbard (Lyme, N.H.: Edward Elgar Publishing, Inc., 1997); 452 pages; $80. During the past 40 years, one of the most important contributors to the Austrian school of economics was Murray Newton Rothbard. He was also one of the major figures in the revival and renaissance ...
Loving the Children by Jacob G. Hornberger March 1, 1998 Love for the children is one of the favorite justifications that Democrats and Republicans use to maintain and expand government control over people's lives. Whenever libertarians propose ending the war on drugs, along with all of its terribly destructive consequences, a standard Democratic-Republican response is, "We have to maintain the war on drugs for the sake of the children." ...
Monetary Central Planning and the State, Part 15: John Maynard Keynes and the “New Liberalism” by Richard M. Ebeling March 1, 1998 Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | ...
Hair Today, Fairness Tomorrow by Sheldon Richman March 1, 1998 It is a mystery to me why egalitarians have failed to decry the unequal and unfair distribution of one of the most important assets in all of society. It is all the more perplexing because the unfairness of the distribution is plain for all to see. Walk down any street, and there it is. Toleration of this egregious violation ...
The Fires of Waco Are Still Burning by James Bovard March 1, 1998 Waco: The Rules of Engagement, a new film now available on video cassette, and recently nominated for an Academy Award for best documentary, is one of the most educational films ever made. Many Americans were transfixed by the images of the FBI tanks in April 1993 smashing into a building occupied by scores of women and children — ...
Foreign Aid, Help or Hindrance? Part 2 by Doug Bandow March 1, 1998 Part 1 | Part 2 What about the argument that aid at least helps countries that are helping themselves? The Brookings Institute and World Bank researchers repair to this final redoubt, but even here there is reason for skepticism. In his preface to the latest Heritage Foundation report, President Edwin Feulner argues that one of the most important conclusions ...