Articles From May 2009
Features
Global Warming RevisitedBy Michael Heberling
In the May 2001 Freeman I published “Unprecedented Global Warming?” which noted that climate change...
Ought Implies CanBy Steven Horwitz
One of the most common objections to free markets is that they ignore ethical considerations. In particular,...
Capitalism: Yes and NoBy Clarence B. Carson
Note: This article originally appeared in the February 1985 issue of The Freeman. Some terms and phrases...
A Crisis of Political EconomyBy Chris Matthew Sciabarra
One of the things that I have long admired about Austrian-school theorists, such as Ludwig von Mises,...
Mainstream Macro in an Austrian NutshellBy Roger W. Garrison
Of all the losses suffered during the current recession, one of the most notable (and well deserved)...
Do We Need Deposit Insurance?By Jeffrey Miron
Before 1914 the U.S. economy experienced frequent bank runs and financial panics. Runs occurred when...
The Two-Price System: U.S. Rationing During World War IIBy Robert Higgs
As the United States mobilized for war after mid-1940, the government’s demands for munitions and related...
Columns
Global Warming RevisitedBy Michael Heberling
In the May 2001 Freeman I published “Unprecedented Global Warming?” which noted that climate change...
The Two-Price System: U.S. Rationing During World War IIBy Robert Higgs
As the United States mobilized for war after mid-1940, the government’s demands for munitions and related...
Who Owes What to Whom?By Lawrence W. Reed
Note: This column first appeared in the February 2002 issue of The Freeman. For a society that has fed,...
The Shame of Medicine: The Case of Alan TuringBy Thomas Szasz
Alan Mathison Turing (1912–1954) was one of the legendary geniuses of the twentieth century. The only...
Making a Bad Bill WorseBy John Stossel
How do you make a dreadfully bad piece of legislation—the nearly $800-billion so-called “stimulus”...
Organizing and the OrganizedBy Charles W. Baird
Congress permits unions to bargain for workers who do not want such representation, and it compounds...
Book Reviews
The Leaders We Deserved (and a Few We Didn’t): Rethinking the Presidential Rating GameBy Burton W. Folsom Jr.
Alvin Felzenberg, like many thoughtful scholars, has a beef with the way historians have evaluated American...
The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit CrashBy Michael S. Rozeff
The stocks of banks, investment banks, and associated financial institutions declined severely in 2007-08...
Mr. Market Miscalculates: The Bubble Years and BeyondBy George C. Leef
Veteran financial writer James Grant describes himself as a “Grover Cleveland Democrat”—that is,...
Ain’t My America: The Long, Noble History of Antiwar Conservatism and Middle-American Anti-ImperialismBy Christopher Westley
The abysmal 2008 presidential election should have Americans scratching their heads, pondering how the...
Departments
Regulation Will Stop Future Madoffs? It Just Ain’t So!By Chidem Kurdas
Bernard Madoff is a boon to financial regulation advocates. A well-known Wall Street figure, he confessed...
“I, Pencil” RevisitedBy Sheldon Richman
Leonard Read’s classic essay, “I, Pencil,” is justly celebrated as the best short introduction...
