All Posts Tagged With: "investment"
Ironic Triangle
“No man’s life, liberty or property are safe while the legislature is in session.” -Unidentified New York Surrogate Court judge, 1866 “President Bush has strongly hinted that he will sign any bill that emerges from Congress.” -New York Times, July 17, 2002 Did you hear the one about the congressional committee that grilled the businessman [...]
1Oct2002 | Sheldon Richman | 0 comments | ContinuedWhy Social Security Is Popular
Hugh Macaulay was Alumni Professor of Economics Emeritus at Clemson University. Polls show that people under 40 believe they are more likely to see an unidentified flying object than a penny of benefits from Social Security. Those 40 to 65 think they may see some return on the Social Security taxes they have paid. But [...]
1Sep2001 | Hugh Macaulay | 0 comments | ContinuedCourage Overlooked
Courage is universally admired, and rightly so. One reason is that a courageous person says what he truly feels regardless of the consequences. A result is that those who deal with a courageous person know where they stand with him. Another reason for admiring the courageous is that they can be counted on to get [...]
1Feb2001 | Donald J. Boudreaux | 0 comments | ContinuedCapitalism and the Zero
John Hood is president of the John Locke Foundation, a state policy think tank in North Carolina, and author of The Heroic Enterprise: Business and the Common Good (Free Press). In traditional discussions of the rise of free-market capitalism, great attention is paid to changes in institutions, technologies, and ideologies. We read the great philosophers [...]
1Dec2000 | John Hood | 2 comments | ContinuedThe Miracle of Privatization
When I was a small boy I used to bicycle in the hills of northwest England where Derbyshire and Cheshire meet. In the distance I could often see glimpses of water, but all roads to it were blocked by locked gates and signs reading “Public Property: Keep Out.” Today, following the privatization of the water [...]
1Sep2000 | John Blundell | 1 comment | ContinuedTrade and Freedom in China: A Reality Check
China’s authoritarian government regularly and systematically ignores universally recognized rights. It is beyond dispute that the Communist Party detains individuals for expressing political opinions and for practicing religious beliefs that are viewed to be subversive to the control of the central authorities. Apologists for Beijing often try to raise an argument based on moral relativism [...]
1Sep2000 | Christopher Lingle | 0 comments | ContinuedA Golden Comeback, Part III
“A free gold market . . . reflects and measures the extent of the lack of confidence in the domestic currency.” —Ludwig von Mises In the past two columns, I’ve highlighted the uses and misuses of gold. Despite occasional calls for a return to a gold standard, the Midas metal has largely lost out to [...]
1Nov1998 | Mark Skousen | 0 comments | ContinuedIt Just Ain’t So!
(Jonathan Schlefer’s article can be found on the World Wide Web at www.theatlantic.com/issues/98mar/misquote.htm.) We should have an annual awards event called the “Economic Bloopers Bash.” Straight-thinking economists and others could be entertained by dramatic renderings of allegedly serious articles, official documents, and broadcasts issued during the previous twelve months. The uproar from the audience would [...]
1Aug1998 | Donald J. Boudreaux | 1 comment | ContinuedThe Seven Deadly Sins of High Taxes
Dr. Lee is associate professor of economics at St. Ambrose University College of Business, Davenport, Iowa. By justice a king gives stability to the land, but he who imposes heavy taxes ruins it. —Proverbs 29:4 (New American Bible) In a free society government has an important but limited role to play. Adam Smith, for instance, [...]
1Nov1997 | Christopher Lee | 0 comments | ContinuedEntitlements Versus Investments: A Parable
Imagine two nations. We’ll call one Atlantis and the other Pacifica. They are similar in most respects, except one. The government of Atlantis has established a right to housing, which is provided free to all citizens. Houses are built by unionized government employees following plans and procedures approved by the Atlantis Housing Department (AHD). Citizens [...]
1Oct1997 | George C. Leef | 0 comments | ContinuedThe Flat Tax
To the Editor: In his article “The Flat Tax: Simplicity Desimplified” (The Freeman, October 1996), Roger Garrison implies that those who favor the flat tax do not care about the size of the tax burden. Since the vast majority of flat-tax supporters are big advocates of lower taxes, and since all the major flat-tax proposals [...]
1Dec1996 | FEE Admin | 0 comments | ContinuedLearn to Earn
Philip Murray is an associate professor of economics at Webber College in Babson Park, Florida. If anyone doesn’t know U.S. economic history or how exciting business can be, wait until this book makes its mark. Although Peter Lynch and John Rothchild direct this book to a young audience, older readers will also find several worthwhile [...]
1Nov1996 | Philip R. Murray | 0 comments | ContinuedGovernment’s Hostile Takeover
In the history of modern-day capitalism, there have been occasional misplaced concerns regarding corporate raids or hostile takeovers. Worries about corporate instability, excessive debt, and job losses mount when an individual or firm attempts to seize the reins of a corporation against the wishes of current management. In reality, of course, hostile takeovers are a [...]
1Oct1996 | Raymond J. Keating | 2 comments | ContinuedLegislation and Law in a Free Society
Libertarians and classical liberals have long sought to explain what sorts of laws we should have in a free society. But we have often neglected the study of what sort of legal system is appropriate for developing a proper body of law. Historically, in the common law of England, Roman law, and the Law Merchant, [...]
1Sep1995 | N. Stephan Kinsella | 1 comment | ContinuedFree Banking and Economic Development
Dr. Glasner, an economist with the Federal Trade Commission, is the author of Free Banking and Monetary Reform (Cambridge University Press, 1989) and the editor of The Encyclopedia of Business Cycles, Panics, Crises, and Depressions (Garland, forthcoming 1995). The views expressed in this article do not necessarily reflect those of the Federal Trade Commission or [...]
1Jul1995 | David Glasner | 0 comments | ContinuedFEE in Eastern Europe
In the autumn of 1994, FEE’s President, Dr. Hans Sennholz, sent me to Eastern Europe on behalf of FEE. I visited Poland, Lithuania, Russia, Romania, Hungary, and the Czech Republic. These countries of Eastern Europe had been devastated and impoverished for decades by the Communist regime. For 45 years the inhabitants had lived under the [...]
1Feb1995 | Bettina Bien Greaves | 0 comments | ContinuedWhy Wages Rise: 3. Dividing The Pie
Dr. Harper is a member of the staff of the Foundation ]or Economic Education. Real wages in the United States are about five times as high as they were a century ago. The first in this series of articles showed that this rise apparently is not, as commonly believed, due to the growth of labor [...]
1May1956 | F. A. Harper | 1 comment | Continued-
The Latest
Government Beneficence and Other Fairy Tales
I admit I’m amused by the unceasing economic and political malarkey that flows from the pundits at... Read More
The Myths of the Interventionists
One of the most pernicious myths in the economic history of the twentieth century is the belief that... Read More
JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
