Sheldon Richman

Sheldon Richman is the former editor of The Freeman and TheFreemanOnline.org, and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families.

Related Freeman Articles

The Goal is Freedom

Financial Regulation and the “Money Power”

Insiders will benefit most

SEPTEMBER 28, 2012 by SHELDON RICHMAN

We hear fierce denunciations of what is called the "money power." It is spoken of as mighty, demoniacal, dangerous, and schemes are proposed for mastering it which are futile and ridiculous, if it is what it is said to be. Every one of these schemes only opens chances for money-jobbers and financial wreckers to operate upon brokerages and differences while making legitimate finance hazardous and expensive, thereby adding to the cost of commercial operations.

Article

Financial Regulation and the "Money Power"

Insiders will benefit most.

SEPTEMBER 28, 2012 by SHELDON RICHMAN

"Every one of these schemes only opens chances for money-jobbers and financial wreckers."

Article

The Constitution or Liberty

Context is crucial.

SEPTEMBER 21, 2012 by SHELDON RICHMAN

Alas, in the eyes of at least some framers, Article I, Section 8, did not exhaust the national government's powers.

Article

Austrian Exploitation Theory

Marx had no monopoly.

SEPTEMBER 14, 2012 by SHELDON RICHMAN

The Austrian economist who refuted Marx's exploitation theory had one of his own.

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The Importance of Subjectivism in Economics

The double inequality of value.

SEPTEMBER 07, 2012 by SHELDON RICHMAN

For an exchange to take place, the two parties must assess the items traded differently, with each party preferring what he is to receive to what he is to give up.

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Individualism, Collectivism, and Other Murky Labels

Words matter.

AUGUST 31, 2012 by SHELDON RICHMAN

It behooves us to make sure our labels communicate clearly. Otherwise we will never bring the mass of people to the cause of liberty.

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Bastiat Misread

When will the critics read with both eyes open?

AUGUST 24, 2012 by SHELDON RICHMAN

When a fan of Bastiat's sees the broken-window fallacy in government "stimulus" spending, she is on the firmest of ground.

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CURRENT ISSUE

November 2014

It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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