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February 2001

Volume 51, 2001


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Blame Congress for HMOs

The HMO Promises Coverage but Often Denies Access
February 01 2001 by ,

The Secret Hate in Hate Crimes

Why Isn't Class Hatred Prohibited, Too?
February 01 2001 by ,

Stopping Government Sprawl

Respecting the Free Market and Property Rights Increases Living Standards
February 01 2001 by ,

The Great Airship Race

A 1920s Airship Experiment Underscored Socialism's Inferiority
February 01 2001 by ,

Original Liberalism

Eugen von Böhm-Bawerk Defended Reason and the Logic of the Market
February 01 2001 by ,

Great Britain Finally Makes It to the Eighteenth Century

A Discussion of the Human Rights Act of 2000
February 01 2001 by ,

Eugen von Böhm-Bawerk: A Sesquicentennial Appreciation

Eugen von Böhm-Bawerk Was a World-Renouned Member of the Austrian School of Economics
February 01 2001 by ,

Courage Overlooked

Courage Is Often Found in Business Executives and Entrepreneurs
February 01 2001 by ,

The High Cost of Government Schooling

Not Scrapping the Status Quo Shows Up in Remedial Education Expenses
February 01 2001 by ,

Public (government) education in America costs a princely sum, and it isn’t getting any cheaper. But what taxpayers shell out for the government school monopoly doesn’t tell the whole story. What others in society must pay to correct the shortcomings of that failed monopoly is huge and a painful testimony to the need for a big dose of choice, competition, and private enterprise.

Budgetary Immortality

Politicians' Claims of Reduced Government Spending Are Ludicrous
February 01 2001 by ,

America will soon have a new president, and that means a new budget. Successive administrations and congresses routinely claim that they've squeezed the last possible unnecessary cent out of their spending proposals. But such claims simply cannot be taken seriously.

Rules versus Rulers

Today's U.S. Government Essentially Defines its Own Powers
February 01 2001 by ,

Markets and Marginalism

The Price System Creates Far More Wealth and Opportunity Than Central Direction
February 01 2001 by ,

To do your best in your personal activities, you have to “equate at the margin,” which, as I explained last month, means allocating your time over different activities so that the marginal value of time in every activity is the same. The importance of equating at the margin extends beyond individuals doing as well as possible personally; it is also crucial to the success of the general economy.

Your One-Stop Source for Sound Economics

A Brief Review of Economics Dictionaries
February 01 2001 by ,

Walk into any bookstore and you'll usually find two or three dictionaries of economics. Like any scientific discipline, economics has its own insider terminology, schools of thought, and famous experts. If you haven't taken a course in economics, you may need a reference guide when a writer uses the term externality, liquidity preference, Laffer curve, or Keynesian economics.

Congress and Public Safety Unionism

Congress Should Kill the Public Safety Union Bill
February 01 2001 by ,

The National Labor Relations Act (NLRA) applies to unionism in private-sector employment, except in the railroad and airline industries, where the Railway Labor Act sets the rules.No federal statute regarding unionism applies to state and local government employees. Rather, each state adopts its own rules, and 20 states have chosen not to engage in compulsory collective bargaining with unions representing public safety employees (such as police, firefighters, and emergency medical personnel).

Happy Birthday, Carl Menger

Austrian School Founder Was Key to Freedom Philosophy
February 01 2001 by ,

Federal Control of Education Needed?

Educational Achievement Disparities Are Lower Within the Private Sector
February 01 2001 by ,

Hard Green: Saving the Environment from the Environmentalists: A Conservative Manifesto by Peter Huber

Huber Debunks Antimarket Environmentalism but Fails to Advocate Free-Market Solutions
February 01 2001 by ,

Monopoly Politics by James C. Miller III

February 01 2001 by ,

Everyday Stalinism: Ordinary Life in Extraordinary Times: Soviet Russia in the 1930s by Sheila Fitzpatrick

Fitzpatrick Details the Heartless Brutality of the Soviet Regime
February 01 2001 by ,

Maritime Supremacy and the Opening of the Western Mind by Peter Padfield

Padfield's History of Maritime Supremacy Shows How Freedom Works Better Than State Control
February 01 2001 by ,

The Color of School Reform: Race, Politics, and the Challenge of Urban Education by Jeffrey R. Henig, Richard C. Hula, Marion Orr, and Desiree S. Pedescleaux

Can Making Minorities Better at Politics Improve Public Education?
February 01 2001 by ,

Eat, Drink and Be Merry: America's Doctor Tells You Why the Health Experts Are Wrong by Dean Edell, M.D.

Dr. Edell's Ideas about American Medicine Are Refreshingly Unorthodox
February 01 2001 by ,

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