Archive for Hans F. Sennholz

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A Sennholz Sampler

Editor’s Note: Hans Sennholz, a former president and trustee of FEE and long-time chairman of the economics department at Grove City College, died in June at age 85. We honor his memory with three of the many articles he contributed over the years.
“Jobs and Trade,” July 1996
Unemployment is the great puzzle of our time. It [...]

1Jun2007 | Hans F. Sennholz | 0 comments | Continued

Deficits Do Matter

Hans Sennholz served as president of the Foundation for Economic Education from 1992 to 1997.  At the time of his retirement, FEE’s Board of Trustees honored him with the title president emeritus. He was chairman of the department of economics at Grove City College for many years. This article is reprinted from the December 1986 [...]

1Mar2004 | Hans F. Sennholz | 3 comments | Continued

Faith in the Fed

Economic life is encompassed by political and social institutions. When they are conducive to economic effort and productivity, conditions may improve and bring forth general prosperity. When they turn hostile and burdensome, economic conditions are bound to deteriorate. This is why everyone must always keep an eye on the body politic.
A prominent political institution [...]

1Apr1997 | Hans F. Sennholz | 0 comments | Continued

Balancing the Budget

It is difficult to deceive other people without their finding out. It is well nigh impossible for politicians to deceive the people who have been beguiled and disappointed innumerable times. Yet, some federal politicos do not easily break the habit. They want us to believe that the annual budget deficits are declining although the national [...]

1Mar1997 | Hans F. Sennholz | 0 comments | Continued

European Malaise

An American who looks upon the world perceives many forms of misery. Many are worse than his own. Looking upon Europe he may be surprised and dismayed about the economic difficulties some countries are experiencing and the political turmoil that is tearing them apart.
The countries of Eastern Europe continue to suffer the pains of [...]

1Feb1997 | Hans F. Sennholz | 0 comments | Continued

Welfare Reform

All fashions of this world pass away. The welfare state which came into vogue during the 1930s may be with us for a while yet, but not for long./t is dying by inches, going out with the tide of socialism and its many variations.
Welfarism is bound to die from its innate venom and virus. [...]

1Jan1997 | Hans F. Sennholz | 0 comments | Continued

Two Yardsticks of Morality

The mystery of life is not a problem to be solved. We were born some time ago, but know not why. We shall die some time, but know not when, where, and why. All we may ask: "What is it every man is seeking in his life? What does any man want?"
He is seeking [...]

1Dec1996 | Hans F. Sennholz | 0 comments | Continued

Sweatshops for the New World Order

Poverty is an anomaly to many Americans. When they encounter it in foreign countries they view it as an aberration of human relations: the rich are exploiting the poor who are forced to work for "slave labor." In contemporary terminology, "profit-seeking multinational corporations are operating monstrous sweatshops for the New World Order."
What these Americans [...]

1Nov1996 | Hans F. Sennholz | 0 comments | Continued

Economic Ends and Means

Most Americans are in full agreement on the basic goals of economic policies. They see eye to eye on the desirability of economic growth and prosperity, full employment, stable prices, a healthy environment, social peace and harmony. They even agree on the need for aid and support of the poor and disadvantaged. They concur on [...]

1Oct1996 | Hans F. Sennholz | 0 comments | Continued

Growing Income Disparity

No matter how you may gather the data, the gap between the most affluent Americans and everyone else is widening. According to a Census Bureau report, the share of national income going to the top 20 percent of households increased from 40.5 percent to 46.9 percent between 1968 and 1994. Since 1994 the trend has [...]

1Sep1996 | Hans F. Sennholz | 0 comments | Continued

Is Inflation Dead?

Mainstream economists are telling us that "there’s little or no danger of inflation." The rates of inflation have come down significantly in recent years and can be expected to remain benign in the future. In the developed countries, average price inflation in 1995 was about 2.5 percent. In most less developed countries, it moderated to [...]

1Aug1996 | Hans F. Sennholz | 0 comments | Continued

Book Review: Human Action by Ludwig von Mises

The Foundation for Economic Education • Fourth revised edition, 1996 • 907 pages • $49.95 cloth
Dr. Sennholz is president of The Foundation for Economic Education.
Human Action is the legacy of a genius, left to us and to be passed on from generation to generation. Most books, like their authors, are soon forgotten. Human [...]

1Jul1996 | Hans F. Sennholz | 0 comments | Continued

Jobs and Trade

Unemployment is the great puzzle of our time. It perplexes politicians, confuses officials, and even entan gles economists. It persists and continues to grow despite all the government programs that mean to reduce it and the tax dollars spent to alleviate it.
Some writers continue to echo the teaching of Karl Marx. For them, capitalism [...]

1Jul1996 | Hans F. Sennholz | 0 comments | Continued

Inscrutable Freedom

In every age and in every country, there are two kinds of people—the lovers of freedom and the devotees of power. The former like to pursue their own good in their own way without infringing on the equal freedom of others. The devotees of power love to exercise control over others, and especially to command [...]

1Jun1996 | Hans F. Sennholz | 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

Onward Still

Dr. Sennholz is president of the Foundation for Economic Education.
When Leonard Read was laboring to launch the Foundation for Economic Education in early 1946, the American people were engaged in the giant task of converting from wartime to peacetime production. There were shortages of meat, sugar, and cereal products despite record-breaking crops. More than [...]

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

Looking Back

When Leonard Read, a Chamber of Commerce executive from Los Angeles, set out to launch The Foundation for Economic Education in March of 1946, the world was facing tremendous problems of readjustment and recovery from the upheavals of World War II. The country was suffering from persistent, ugly confrontation between labor and management, from vacillating [...]

1Mar1996 | Hans F. Sennholz | 0 comments | Continued