All Posts Tagged With: "fraud"

The Political Economy of John Taylor of Caroline

As noted in the May Freeman, American revolutionaries mixed classical-republican and liberal political languages somewhat indiscriminately. Republicanism posited a relation between power and property in which independent proprietors were the bulwark of liberty. English critics of post-1688 Whig mercantilism deployed republican ideas, leading many historians to paint them as “agrarians” resisting capitalism, modernization, and social [...]

1Jun2008 | Joseph R. Stromberg | 0 comments | Continued

Losing the Law: From Shield to Weapon

William Anderson is an assistant professor of economics at Frostburg State University, Frostburg, Maryland. Candice Jackson is litigation counsel for Judicial Watch. In recent years lawmakers and enforcers have increasingly criminalized business behavior. From the prosecution of Michael Milken and other Wall Street figures in the 1980s to the indictment of Martha Stewart in 2003, [...]

1May2004 | and and William L. Anderson | 0 comments | Continued

Lessons from the Washington Teachers Union

The Washington Teachers Union (WTU) is the exclusive bargaining agent for District of Columbia government school teachers. Teachers represented by WTU must, as a condition of continued employment, pay union dues whether they want WTU representation or not. Its website, www.wtulocal6.org, boldly proclaims its motto, “Building Better Schools: It’s Union Work.”

1Sep2003 | Charles W. Baird | 0 comments | Continued

The Road to Liberty: Persuasion and Aggression

The author would like to thank Jan Lester and Paul Birch for helpful comments on earlier versions of this article. This is drawn from a lecture given at FEE in February. I would like to highlight two diametrically opposed ideas that I believe can help clarify our notion of liberty. Any specific human action can [...]

1Jun2003 | Gene Callahan | 1 comment | Continued

Government and Business Are the Same?

“Let us now praise slothful, inefficient, bloated government,” reads the opening of an April 30 Washington Post essay, “When the Blue Chips Are Down, in Gov We Trust.” “Let us now rejoice in the glory of your trillions of tax dollars at work.” Why are we rejoicing? Because staff writer Paul Farhi intends to show [...]

1Sep2002 | Scott McPherson | 0 comments | Continued

Enron and the Law of the Market

People will learn lessons from the collapse of Enron. Some of these will be the wrong lessons. Critics of markets claim that the Enron debacle shows how “capitalism” is defective and proclaim that the government should increase the regulation of corporations and financial markets. There does need to be a change in government policy, but [...]

1May2002 | Fred E. Foldvary | 0 comments | Continued

Why America Gets Fleeced

One of the occasional features on NBC Nightly News with Tom Brokaw is “The Fleecing of America,” a series of segments exposing cases of waste and fraud that victimize individuals or the general public. Some of the examples are swindles or scams by private companies or individuals, and the obvious solution is to exercise more [...]

1Feb2002 | Melvin D. Barger | 0 comments | Continued

Markets Need a Hidden Fist?

When I want to jump-start my Sunday by kicking up my blood pressure a few points, I head down the driveway for the Sunday New York Times. Some weeks it is the front page that does the trick, other weeks the op-ed page. Few Sundays have given me a more eye-popping, artery-clearing boost, however, than [...]

1Aug1999 | Andrew P. Morriss | 0 comments | Continued

The New Money

By now you have probably received and spent some of the U.S. Treasury’s new currency. Starting with the hundred-dollar bill in 1996, the Treasury has redesigned all three of our larger denomination bills, and plans to redesign the smaller bills in the future. Treasury Secretary Robert Rubin, on release of the new twenty-dollar bill in [...]

1May1999 | George C. Leef | 0 comments | Continued

Gullible Skeptics

“. . . the reason why liberty, of which we Americans talk so much, is a good thing is that it means leaving people to live out their own lives in their own way, while we do the same. If we believe in liberty, as an American principle, why do we not stand by it?” [...]

1May1999 | Thomas Szasz | 1 comment | Continued

The Wild West Meets Cyberspace

In 1848 Americans received the startling news that the vast territory they had just acquired from Mexico included tremendous riches. California, previously a distant, sleepy Mexican province whose economy was based on trading cattle hides and tallow for manufactured goods, was actually brimming with gold. There it was, just lying on the ground. Tens of [...]

1Jul1998 | Andrew P. Morriss | 2 comments | Continued

On Trial Again

Ms. Kapushion is a freshman at Hillsdale College, Hillsdale, Michigan, where she is majoring in economics with a particular emphasis on the Austrian school of thought. For the last three years, beginning at age fifteen, I have taught myself philosophy straight from the great works of Western thought, and have formally and informally studied economics. [...]

1Mar1997 | Meredith Kapushion | 1 comment | Continued

The Social Security Tax

Dr. Manion, formerly Dean of the Law School at Notre Dame, now practices law in South Bend, Indiana. The promoters Of the great social security deception never advertised it to the people as a slick, easily collectible form of constantly increasing taxation, Nevertheless, when the original Federal Social Security Act was passed upon by the [...]

1Nov1955 | Clarence E. Manion | 1 comment | Continued

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