Bastiat’s Plow
Only real savings and labor, not pieces of paper called money, can create new capital goods. Gene Callahan explains.
Only real savings and labor, not pieces of paper called money, can create new capital goods. Gene Callahan explains.
Widespread panic set in this summer when the party of King Simeon II won a majority in Bulgaria's recent elections. There were ominous warnings about this being the first East European state to take a step toward restoring monarchical figures to power. So many people associate democracy with freedom and monarchy with tyranny that any attempt to revisit pre-democratic systems of government is regarded as evil.
The lands were public and the firefighters government employees. These two facts have much to do with why they died. Walter Block explains.
A former secretary of labor regrets the state's declining effective power over economic life. A review by Christopher Westley.
Conservatives' idea of public policy is to outspend the statists and outregulate the regulators. And, writes Norman Barry, they have lost six million votes since 1992.
Sometimes you have to make a choice between man and the natural world. As Tibor Machan notes, environmentalists often side against man.
John Locke's great Second Treatise of Government was the decisive influence on the writing of the Declaration of Independence. Here are crucial excerpts.
Jack Kemp writes in favor of the gold standard. But will his plan bring sound money? Steve Piraino says no.
Professor Jaffa has set himself a difficult task. He presents Abraham Lincoln as a champion of freedom for all. Not for Honest Abe the virulent racist sentiments of his contemporaries about blacks.
In 1957, a businessman and radio personality named Robert LeFevre (1911-1986) founded a very special institution in Colorado Springs, Colorado. In his private studies, he had discovered the libertarian intellectual tradition. He noted the dire need for an institution that would educate people from all walks of life in the philosophy of freedom. He took it upon himself and named it the Freedom School, later changing the name to Rampart College before it shut down in 1968. Afterward, he carried on his work in South Carolina under the patronage of business giant Roger Milliken.