All Posts Tagged With: "world war II"

Paul Krugman Flunks Capital Theory

Nobel laureate and New York Times columnist Paul Krugman is said to have bested commentator George Will over what prolonged the Great Depression during a joint appearance on ABC’s “This Week with George Stephanopoulos” back in November. But all Krugman really did was show that he, as a Keynesian, holds an unrealistic Play-Doh model of [...]

1Apr2009 | | 6 comments | Continued

Book Reviews – 2008/5

The Politically Incorrect Guide to the Constitution by Kevin R. C. Gutzman Regnery • 2007 • 258 pages • $19.95 paperback Reviewed by J. H. Huebert Conservative commentators often tell us that if only we would get back to the Constitution as it was understood, say, 100 years ago, all would be well with our [...]

1May2008 | | 1 comment | Continued

The German Economic Miracle and the “Social Market Economy”

Richard Ebeling is the president of FEE. This summer marks the 60th anniversary of the beginning of the post-World War II German “economic miracle.” When the war ended in Europe in 1945, Germany was in a shambles. Its major cities had been destroyed either from Allied bombing or urban combat. Millions of its citizens had [...]

1Apr2008 | | 1 comment | Continued

Book Reviews – April 2008

  • Globalization by Donald J. Boudreaux Reviewed by Richard M. Ebeling
  • Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement by Brian Doherty Reviewed by Bettina Bien Greaves
  • Armed America: The Remarkable Story of How and Why Guns Became as American as Apple Pie by Clayton E. Cramer Reviewed by George C. Leef
  • The European Economy Since 1945: Coordinated Capitalism and Beyond by Barry Eichengreen Reviewed by Waldemar Ingdahl
1Apr2008 | | 0 comments | Continued

Book Reviews – November 2007

  • Lenin, Stalin, and Hitler: The Age of Social Catastrophe

    by Robert Gellately Reviewed by Richard M. Ebeling
  • Depression, War, and Cold War
    by Robert Higgs Reviewed by Burton Folsom, Jr.
  • Great Philanthropic Mistakes
    by Timothy Sandefur Reviewed by George C. Leef
  • Elements of Justice
    by David Schmidtz Reviewed by Aeon J. Skoble
1Nov2007 | | 0 comments | Continued

Three New Deals: Reflections on Roosevelt’s America, Mussolini’s Italy, and Hitler’s Germany, 1933–1939

By Wolfgang Schivelbusch Reviewed by Richard M. Ebeling

1Jan2007 | | 0 comments | Continued

John Kenneth Galbraith: A Criticism and an Appreciation

Last April John Kenneth Galbraith died at the age of 97. Galbraith was one of America ‘s most famous economists and a self-proclaimed liberal (in the American sense of “statist” rather than in the European sense of “believer in freedom”). His fame came not from his technical accomplishments in academic economics but from his awesome [...]

1Dec2006 | | 30 comments | Continued

When the Government Took Over U.S. Investment

In the oft-quoted final chapter of The General Theory of Employment, Interest, and Money, John Maynard Keynes concluded that if we are to avoid a chronic tendency toward economic depression, the state will have to undertake, among other things, “a somewhat comprehensive socialisation of investment . . . though this need not exclude all manner [...]

1Sep2006 | | 1 comment | Continued

Book Reviews – August 2006

  • Among the Dead Cities: The History and Moral Legacy of the WW II Bombing of Civilians in Germany and Japan
    by A. C. Grayling
    Reviewed by Richard M. Ebeling

  • How Progressives Rewrote the Constitution

    by Richard A. Epstein Reviewed
    by George C. Leef

  • Saving Our Environment from Washington

    by David Schoenbrod Reviewed by Jane S. Shaw

  • The Quotable Mises

    Edited by Mark Thornton Reviewed by William H. Peterson

1Aug2006 | | 1 comment | Continued

How U.S. Economic Warfare Provoked Japan’s Attack on Pearl Harbor

Ask a typical American how the United States got into World War II, and he will almost certainly tell you that the Japanese attacked Pearl Harbor and the Americans fought back. Ask him why the Japan­ese attacked Pearl Harbor, and he will probably need some time to gather his thoughts. He might say that the [...]

1May2006 | | 13 comments | Continued

Ludwig von Mises and the Vienna of His Time – Part II

From the time of World War I, Ludwig von Mises’s writings expressed the classical-liberal cosmopolitan conception of man, society, and freedom. Throughout the interwar period his works on the general principles of the liberal market order, the dangerous dead end to which socialist society would lead, and the contradictions and corrupting influences of economic interventionism [...]

1Apr2005 | | 0 comments | Continued

The Myth of Wartime Prosperity

Whenever an earthquake or a tornado causes great damage, some reporter somewhere claims that on net it will boost the local economy since the rebuilding effort will create jobs and increase business for local merchants. Similarly, whenever a war breaks out, the same reporter can be counted on to emphasize the economic stimulus it allegedly [...]

1Dec2004 | | 9 comments | Continued

Wartime Curbs on Liberty Are Costless?

In one of the most provocative opinion articles of recent times, “Security Comes Before Liberty” (Wall Street Journal, October 23, 2001), Jay Winik argued (1) that in previous national emergencies, U.S. presidents took strong repressive measures against citizens and other residents of the country, (2) that the repressive measures implemented so far by the Bush [...]

1Mar2002 | | 0 comments | Continued

How War Amplified Federal Power in the Twentieth Century

This article is reprinted from the July 1999 issue of The Freeman: Ideas on Liberty. After surveying the Western world in the past six centuries, Bruce Porter concluded: “a government at war is a juggernaut of centralization determined to crush any internal opposition that impedes the mobilization of militarily vital resources. This centralizing tendency of [...]

1Dec2001 | | 0 comments | Continued

The Day of Deceit: The Truth About FDR and Pearl Harbor

On December 7, 1941, the Japanese navy attacked the U.S. fleet at Pearl Harbor. The following day, President Roosevelt described it as “a date that will live in infamy.” In spite of this country’s official neutrality, Roosevelt personally had been eager to have the United States enter the war on the side of England. He [...]

1Dec2000 | | 1 comment | Continued

William E. Rappard: An International Man in an Age of Nationalism

Richard Ebeling is the Ludwig von Mises Professor of Economics and chairman of the economics department at Hillsdale College. On April 1, 1947, 35 free-market economists, political scientists, philosophers, journalists, and businessmen met at the Swiss Alpine resort of Mont Pèlerin. They had been brought together by F. A. Hayek to found a society of [...]

1Jan2000 | | 0 comments | Continued

Remembering and Inventing: A Short History of the Balkans

Peter Mentzel is an assistant professor of history at Utah State University. Since the Federal Republic of Yugoslavia descended into bloodshed and mayhem during the summer of 1991 a number of different historical explanations for the conflict’s origins and ferocity have been written. While these accounts differ in their details, in general they paint two [...]

1Jul1999 | | 0 comments | Continued
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