Articles in the Featured Category

Great Myths of the Great Depression
By Lawrence W. Reed
Posted in Articles, Books, Featured, Library on 4 September 2009
Stats: 5,110 views and 1 Comment Introduction Many volumes have been written about the Great Depression of 1929-1941 and its impact on the lives of millions of Americans. Historians, economists and politicians have all combed the wreckage searching for the “black box” that will reveal the cause of the calamity. Sadly, all too many of them decide ...
Government Run Amok
By Sheldon Richman
Posted in Featured, The Goal Is Freedom on 15 May 2009
Stats: 1,374 views and 6 Comments The “federal” government, particularly the executive branch, can do almost anything it wants. The limits are few, and those that survive can often be gotten around through chicanery. Much of what government does is out of public view, thanks to off-budget accounting and other dubious methods that would get the ...
The Bankers’ Bank
By Sheldon Richman
Posted in Articles, Featured, The Goal Is Freedom on 8 May 2009
Stats: 1,907 views and 6 Comments The Federal Reserve System does more than conjure up money from thin air. (That would be enough!) The Fed is also regulator/protector of the American banking industry. Indeed, as recent events amply demonstrate, we may think of the industry as a government-organized protectionist cartel, with the Fed as the hub. ...
Of, By, and For the Elite
By Sheldon Richman
Posted in Articles, Featured, The Goal Is Freedom, The Goal Is Freedom on 1 May 2009
Stats: 2,821 views and 15 Comments The New York Times pulled back the curtain this week to give readers a rare glimpse at the workings of a political-economy essentially run by a ruling elite. Anyone who thinks representative democracy can’t coexist with rule by a political class is in for a surprise. The clique need not ...
What the Drug Warriors Have Given Us
By Sheldon Richman
Posted in Articles, Featured, The Goal Is Freedom, The Goal Is Freedom on 27 March 2009
Stats: 3,130 views and 17 Comments Violence among Mexico’s drug cartels and government has spilled over the U.S. border and beyond.  The New York Times reports, In the past few years, the cartels and other drug trafficking organizations have extended their reach across the United States and into Canada. Law enforcement authorities say they believe traffickers distributing ...
Bernanke’s Latest Move: Bold or Just Plain Reckless?
By William Anderson
Posted in Featured, Not So Fast! on 25 March 2009
Stats: 1,111 views and 3 Comments With the Federal Reserve System’s announcement that it would purchase long-term government bonds, as well as the now-worthless mortgage securities from the “nationalized” Fannie Mae and Freddie Mac, Fed Chairman Ben Bernanke supposedly is making a move that the New York Times calls “bold but risky.” I have another ...
The Right to Strike
By admin
Posted in Cliches of Socialism, Featured, From the Archives on 24 March 2009
Stats: 28 views and No Comments Rarely challenged is the right to strike. While nearly everyone in the population, including the strikers themselves, will acknowledge the inconvenience and dangers of strikes, few will question the right-to-strike concept. They will, instead, place the blame on the abuses of this assumed right-for instance, on the bungling or ignorance ...
The Importance of Character
By Lawrence W. Reed
Posted in Articles, Featured on 19 March 2009
Stats: 210 views and 2 Comments Twenty years ago, something quite remarkable happened in the little town of Conyers, Georgia — a town like Joplin in so many ways: full of salt-of-the-earth, self-reliant and patriotic citizens though about one quarter your size in population. When school officials there discovered that one of ...
The Story of Nicholas Winton
By Lawrence W. Reed
Posted in Articles, Featured, People on 18 March 2009
Stats: 107 views and No Comments The Story of Nicholas Winton By Lawrence W. Reed and Benjamin Stafford Editor’s Update:  Since the initial publication of this essay, the co-authors have assumed new positions. Lawrence W. Reed is president of the Foundation for Economic Education (FEE) and Benjamin D. Stafford is director of programs at FEE. Nicky Winton has ...
Can the U.S. Spend Its Way to Prosperity?
By William Anderson
Posted in Featured, Not So Fast! on 18 March 2009
Stats: 41 views and No Comments The New York Times editorial page excoriated the European and Japanese governments--for not spending enough money. The newspaper is in near bankruptcy, yet it still advises governments to spend, spend, spend. It is not enough to mock these editorials, given that it seems I might be piling onto yet another ...


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