Archive for May, 1996

Perspective: An Affirming Flame

For half a century, the Foundation for Economic Education has devoted itself to studying and explaining the principles that underlie a free society, striving to make its message accessible to people from all walks of life. Those who assume (often automatically) that America is still the model of a free society, might view fifty years [...]

1May1996 | Mark Spangler | 0 comments | Continued

Against the Stream

When, fifty years ago, this Foundation embarked upon its great design, the most important factor was the battle between the creeds -between Marxism and its various opponents. It divided the world into hostile camps which threatened to engulf mankind in yet another bloody confrontation. While the Soviet Union was export ing communist dogma to all [...]

1May1996 | Hans F. Sennholz | 0 comments | Continued

FEE: A Lighthouse for Freedom

Lawrence W. Reed, economist and author, is president of The Mackinac Center for Public Policy, a free market research and educational organization headquartered in Midland, Michigan. When G. K. Chesterton was asked why there were no statues in England to commemorate the influence there of the Romans, he answered, “Are we not all statues to [...]

1May1996 | Lawrence W. Reed | 1 comment | Continued

Fifty Years of Statism

Doug Bandow is a Senior Fellow at the Cato Institute and a nationally syndicated columnist. He is the author and editor of several books, including The Politics of Envy: Statism as Theology (Transaction). Historian Paul Johnson has called the twentieth century the “age of politics,” the era in which people increasingly turned to the state [...]

1May1996 | Doug Bandow | 1 comment | Continued

The Freeman, Honor Roll of Authors, 1956-1996

 A Sidney Abelson Paul L. Adams Rodney Adams Michael Adamson Jonathan H. Adler Victor Aguilar James C. W. Ahiakpor Mark Ahlseen Bjorn Ahlstrom John Ahrens Armen A. Alchian Susan Alder Samuel R. Aldrich Holmes Alexander Scott Alexander Howard D. Aley Ruth B. Alford Alfred K. Allan Candace Allen William R. Allen Alvaro C. Alsogaray Wilfred [...]

1May1996 | FEE Admin | 0 comments | Continued

The Foundation for Economic Education, Trustees and Staff, 1946-1996

The names of current trustees and staff members are asterisked (*). The names of those who are deceased are italicized. Daggers (†) signify honorary trustees. Trustees Paul L. Adams Robert G. Anderson Dominick T. Armentano John S. Autry *Manuel F. Ayau *Edward Barr Olive Ann Beech William B. Bell Ezra Taft Benson Henry T. Bodman [...]

1May1996 | FEE Admin | 2 comments | Continued

From Leonard Read: A Legacy of Principles

Mr. Barger is a retired corporate public relations representative and writer who lives in Toledo, Ohio. The first time I ever read anything by Leonard Read—in the late 1950s—I thought he was arbitrary, opinionated, and reactionary. Within a few years, however, I was following his ideas with close attention and was also contributing to The [...]

1May1996 | Melvin D. Barger | 0 comments | Continued

Human Action: A Treatise on Economics

Dr. Boettke teaches economics at New York University. The most important work published since FEE’s founding in 1946, in my opinion, is Ludwig von Mises’ Human Action: A Treatise on Economics, published in 1949. Human Action is the English rewrite (not just translation) of Mises’ 1940 German work Nationalokonomie: Theorie des Handelns und Wirtschaftens. This [...]

1May1996 | Peter J. Boettke | 0 comments | Continued

Knowledge and Decisions

Ms. Shaw is a senior associate at PERC in Bozeman, Montana. Physicists tell us that a solid rock is mostly empty space interspersed with occasional dense specks of matter. “In much the same way,” says Thomas Sowell, “specks of knowledge are scattered through a vast emptiness of ignorance, and everything depends upon how solid the [...]

1May1996 | Jane S. Shaw | 1 comment | Continued

In Defense of Freedom and Related Essays

Dr. Dennis is Senior Program Officer at Liberty Fund, Inc., in Indianapolis. In 1962, Frank S. Meyer, then Senior Editor at National Review, published his small, but controversial tract, In Defense of Freedom: A Conservative Credo (Henry Regnery). Here Meyer argued that what American conservatives had to conserve was largely an Anglo-American tradition of liberty. [...]

1May1996 | William C. Dennis | 0 comments | Continued

Modern Times

Mr. Carolan is Executive Editor of National Review. “By the 1980s, state action had been responsible for the violent or unnatural deaths of over 100 million people, more perhaps than it had hitherto succeeded in destroying during the whole of human history up to 1900.” This one statement has remained with me, and has influenced [...]

1May1996 | Matthew Carolan | 0 comments | Continued

The Right and Wrong of Compulsion by the State and Other Essays

The Right suffers from an awkward presentation of its vision. It declares itself for “liberty,” a word that for most people means “the power to do as one pleases.” So a great deal of effort is spent repudiating this meaning and asserting that liberty means “not under physical compulsion.” Couldn’t a more effective case against [...]

1May1996 | James L. Payne | 1 comment | Continued

The Failure of the New Economics

Dr. Peterson is Distinguished Lundy Professor of Business Philosophy Emeritus at Campbell University, North Carolina. In the beginning was Say’s Law—supply creates demand. But that was the “old economics.” Now, glory be, we’re blessed with the “New Economics”—demand creates supply—thanks to the “new” dazzling 1936 paradigm of The General Theory of Employment, Interest and Money [...]

1May1996 | William H. Peterson | 0 comments | Continued

The Use of Knowledge in Society

If you want to learn as much as possible about economics from just one article, read Friedrich A. Hayek’s “The Use of Knowledge in Society,” published in the September 1945 issue of The American Economic Review. First, no other article explains the economic problem as clearly. Second, none provides a better understanding of the superiority [...]

1May1996 | Dwight R. Lee | 0 comments | Continued

The Constitution of Liberty

Friedrich Hayek’s Constitution of Liberty surely merits front rank in any list of outstanding books on liberty, free market economics, history, and political philosophy. What is especially remarkable about the work is that it makes important contributions in each of these areas. Personally, I have always been taken by the broad-minded view that Professor Hayek [...]

1May1996 | Murray Weidenbaum | 1 comment | Continued

Wealth and Poverty

Throughout much of the twentieth century, economists seemed destined to make themselves irrelevant. Emphasis on aggregate demand management and input-output economic models came to dominate the discipline, truly making it a dismal science. Though many outstanding economists fought nobly against this trend, by the 1970s the Keynesian victory of macroeconomics over microeconomics seemed almost complete. [...]

1May1996 | Raymond J. Keating | 2 comments | Continued

The Servile State

Dr. Liggio is Distinguished Senior Scholar of the Institute for Humane Studies, George Mason University. Hilaire Belloc (1870-1953) was indeed an Edwardian Radical as described in John McCarthy’s biography (also published by Liberty Press). The Servile State represented Belloc’s disgust with politics after serving in the House of Commons. He found politicians in control of [...]

1May1996 | Leonard P. Liggio | 0 comments | Continued
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