The New World Disorder by Sheldon Richman October 1, 2001 AFTER MORE THAN A DECADE into the New World Order the only thing that looks new is the disorder on American soil wreaked by foreign terrorists on September 11. The atrocities of that day nearly defy the imagination. The assault by air on, and collapse of, the wondrous World Trade Center towers might have made a cinematic spectacle, but it would have had a far-fetched air to it. Now it has happened for real. All who appreciated those towers as symbols of commerce — which is to say, peace and prosperity — were sickened at the strike, not to mention the horrendous loss of life, many of the victims practitioners of the peaceable and creative art of securities trading. Much of the reaction since that day has been praiseworthy. The outpouring of condolences for the families of the dead, sympathy for the survivors, and admiration for the courageous rescuers fills all Americans with pride. The demand for justice for the ...
by Future of Freedom Foundation March 25, 2010 The New World Disorder by Sheldon Richman, October 2001 AFTER MORE THAN A DECADE into the New World Order the only thing that looks new is the disorder on American soil wreaked by foreign terrorists on September 11. The atrocities of that day nearly defy the imagination. The assault by air on, and collapse of, the wondrous World Trade Center towers might have made a cinematic spectacle, but it would have had a far-fetched air to it. Now it has happened for real. All who appreciated those towers as symbols of commerce — which is to say, peace and prosperity — were sickened at the strike, not to mention the horrendous loss of life, many of the victims practitioners of the peaceable and creative art of securities trading. Much of the reaction since that day has been praiseworthy. The outpouring of condolences for the families of the dead, sympathy for the survivors, and admiration for the courageous rescuers fills all Americans with pride. ...
The Myth of War Prosperity, Part 2 by Jacob G. Hornberger January 1, 2010 Part 1 | Part 2 Depression, War, and Cold War: Studies in Political Economy by Robert Higgs (Oxford University Press: 2006); 240 pages; $35. So the New Deal was far from a success. But most conservatives and even many leftist scholars will concede this; they simply adopt a different, and even more widely accepted fallacy, the one of “war prosperity,” which Higgs canvasses in chapter 3. “According to the orthodox account,” he writes, the war got the economy out of the Depression. Evidence for this claim usually includes the great decline in the standard measure of the unemployment rate, the large increase in the standard measure of real gross national product (GNP), and the slight increase in the standard measure of real personal consumption. ...
John Quincy Adams on U.S. Foreign Policy (1821) by John Quincy Adams October 1, 2001 And now, friends and countrymen, if the wise and learned philosophers of the elder world, the first observers of nutation and aberration, the discoverers of maddening ether and invisible planets, the inventors of Congreve rockets and Shrapnel shells, should find their hearts disposed to enquire what has America done for the benefit of mankind? Let our answer be this: America, ...
John Quincy Adams on U.S. Foreign Policy (1821) by Future of Freedom Foundation March 25, 2010 John Quincy Adams on U.S. Foreign Policy (1821) October 2001 And now, friends and countrymen, if the wise and learned philosophers of the elder world, the first observers of nutation and aberration, the discoverers of maddening ether and invisible planets, the inventors of Congreve rockets and Shrapnel shells, should find their hearts disposed to enquire what has America done for ...
John Quincy Adams on U.S. Foreign Policy (1821) by Future of Freedom Foundation March 25, 2010 John Quincy Adams on U.S. Foreign Policy (1821) October 2001 And now, friends and countrymen, if the wise and learned philosophers of the elder world, the first observers of nutation and aberration, the discoverers of maddening ether and invisible planets, the inventors of Congreve rockets and Shrapnel shells, should find their hearts disposed to enquire what has America done for ...
Autocracy Comes to America by Sheldon Richman August 24, 2007 We appear to live in a republic. But look closely; it’s clearer every day that we live in a de facto autocracy. President Bush has managed to amass an astounding amount of power simply by scaring the American people and Congress into thinking that our continued existence as a society depends ...
The Legacy of Milton Friedman, Part 1 by Doug Bandow March 1, 2008 Part 1 | Part 2 It has been more than a year since Milton Friedman passed from our lives. What a world he departed. The desire for liberty burns ever brightly. The forces of statism resist ever strongly. How we miss his presence. Although he has left us, his ideas live ...
The Legacy of Milton Friedman, Part 1 by Jacob G. Hornberger March 25, 2010 Part 1 | Part 2 It has been more than a year since Milton Friedman passed from our lives. What a world he departed. The desire for liberty burns ever brightly. The forces of statism resist ever strongly. How we miss his presence.
Will a Drug Warrior Be Hanged? by Future of Freedom Foundation March 25, 2010 Thailand’s billionaire prime minister, Thaksin Shinawatra, was deposed in a coup last year by the country’s military. Somchai Hom-la-or, chairman of the National Human Rights Commission, recently declared that “Thaksin and his government committed crimes against humanity.” Thai lawyers and human-rights activists are suggesting that he be indicted and tried by the International Criminal Code ...
A Free Market in Labor by George Leef May 1, 2009 Labor Economics from a Free Market Perspective: Employing the Unemployable by Walter Block (World Scientific, 2008); 393 pages. The first time I ever heard of Walter Block was in 1980, when a faculty colleague showed me his copy of Block’s book Defending the Undefendable. Knowing of my anarcho-capitalist views, my colleague said ...
Keynes and the Assault on Savings, Part 1 by Gregory Bresiger October 1, 2009 Part 1 | Part 2 In the long, run we are all dead. — John Maynard Keynes, A Tract on Monetary Reform There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on ...