Articles From March 2009
Features
The Financial Bailouts: “See the Needle and the Damage Done”By Lawrence H. White
On Wednesday, September 17, 2008, according to the New York Times, Fed Chairman Ben Bernanke used “a...
Bootleggers, Baptists, and Bailed-Out BankersBy Bruce Yandle
For more than a year now, people worldwide have experienced an extraordinary chain of economic events....
Was Money Really Easy Under Greenspan?By David R Henderson and Jeffrey Rogers Hummel
Former Federal Reserve chairman Alan Greenspan has become everyone’s favorite scapegoat. His policies...
Did Deregulated Derivatives Cause the Financial Crisis?By Robert P. Murphy
For a few months in 2008 I naively thought that the disastrous financial “rescue” actions led by...
Too Big to FailBy Michael Heberling
“Once you lose your freedom to fail, you also lose your freedom to succeed and you cease to be a free...
Black Swans, Butterflies, and the EconomyBy Max Borders
One side blames the market. The other blames government. We get two causal stories going in opposite...
Columns
Bailing Out the Big Three Repeats Britain’s MistakeBy Stephen Davies
A major reason for any kind of historical writing is to provide guidance for the present. As we read...
Government Sets Us Up for the Next BustBy John Stossel
If an athlete injures himself and suffers great pain, we recognize the shortsightedness of giving him...
Unintended Consequences in Energy PolicyBy David R. Henderson
On the first day of every economics class I teach I start with The Ten Pillars of Economic Wisdom. This...
What We BelieveBy Lawrence W. Reed
The Foundation for Economic Education, publisher of this magazine since 1956, is now in its seventh decade,...
Book Reviews
Gusher of Lies: The Dangerous Delusions of “Energy Independence.”By William L. Anderson
Al Gore recently called for a ten-year plan to phase out all electric plants powered by fossil fuels...
Are the Rich Necessary? Great Economic Arguments and How They Reflect Our Personal ValuesBy George Leef
George Leef is book review editor of The Freeman. In my high school days I had a friend who had been...
Bad Samaritans: The Myth of Free Trade and the Secret History of CapitalismBy Robert Batemarco
Most people seize on the failure to practice what one preaches as proof of the error of the message preached....
The Cult of the Presidency: America’s Dangerous Devotion to Executive PowerBy Brian Doherty
Gene Healy relates a sad and disturbing “kids say the darndest things” anecdote in his new book....
Departments
Greenspan Should Be Shocked by Risky Lending?By Gerald P. O'Driscoll Jr.
Toward the end of his tenure as Fed chairman in early 2006, Alan Greenspan was the object of praise edging...
News Flash: FDR Didn’t Restore Prosperity!By Sheldon Richman
The New Deal did not end the Great Depression. This statement will come as no shock to Freeman readers,...
