All Posts Tagged With: "Richard Nixon"
A Return to Gold?
“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. . . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society. . . .The process engages all the hidden forces of economic law on the [...]
30Nov2011 | and John L. Chapman | 13 comments | ContinuedTrading for Security
Americans tolerate a costly global national-security apparatus in part because they believe the country would be economically vulnerable without it. After all, we use resources from all over the world—oil being only the most prominent example. What if an embargo cut us off from supplies? Anyone expressing skepticism about this is sure to be confronted [...]
24Nov2010 | Sheldon Richman | 4 comments | ContinuedUnintended Consequences in Energy Policy
On the first day of every economics class I teach I start with The Ten Pillars of Economic Wisdom. This is a list I have put together of the ten most important principles in economics. Pillar number six is, “Every action has unintended consequences; you can never do only one thing.” U.S. energy policy illustrates [...]
2Mar2009 | David R. Henderson | 11 comments | ContinuedNixon’s New Economic Plan
Richard Nixon had a crisis mentality. In 1962, unhappily out of public office, he wrote an autobiographical account entitled Six Crises. Whereas some presidents have faced real crises, however, Nixon’s were more the product of his personal sense of siege. As president he twice declared a state of national emergency, first on March 23, 1970, [...]
20Jan2009 | Robert Higgs | 2 comments | ContinuedDemocracy Versus Liberty
If a foreign power took over the United States and dictated that American citizens surrender 40 percent of their income, required them to submit to tens of thousands of different commands (many of which were effectively kept secret from them), prohibited many of them from using their land, and denied many the chance to find [...]
1Aug2006 | James Bovard | 2 comments | ContinuedBook Reviews – June 2003
Dependent on D.C.: The Rise of Federal Control Over the Lives of Ordinary Americans by Charlotte Twight St. Martin’s Press/Palgrave • 2002 • 512 pages • $26.95 hardcover; $17.95 paperback Reviewed by James Bovard Charlotte Twight has written an excellent book to help Americans understand how the federal government is insidiously seizing control of their lives, year by year, edict [...]
1Jun2003 | FEE Admin | 0 comments | ContinuedNixon’s Economy: Booms, Busts, Dollars, and Votes
Allen Matusow’s book is a play-by-play description of Nixon’s overwhelming priority—get elected! Not that Nixon was uninterested in the economy. He fully understood the political punishments and rewards that are meted out by rising or falling unemployment and interest rates. Nixon’s feel for fiscal and monetary policies probably exceeded that of most, if not all, [...]
1Oct1999 | David L. Littmann | 0 comments | Continued-
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