Ludwig von Mises and the Real Meaning of Liberalism
Liberalism has become one of the most widely misused and abused words in the American political lexicon. It represents, some say, politically “progressive thought,”…
Dr Richard M. Ebeling
Dr. Richard M. Ebeling is Professor of Economics at Northwood University
“Liberal Socialism” Another False Utopia
Very often bad and failed ideas do not die, they simply reappear during periods of supposed social and political crisis in slightly different intellectual…
Austrian Monetary Theory vs. Federal Reserve Inflation Targeting
One of the leading policy guideposts for central banks and many monetary policy proponents nowadays is the idea of “inflation targeting.” Several major central…
Ten Years On: Recession, Recovery and the Regulatory State
What we now know to have been one of the worst economic and financial crises of the post-World War II period began about ten…
Freedom and the Fear of Self-Responsibility
Liberty is under a renewed challenge and attack in the contemporary world. From “political correctness” and its accompanying growing totalitarian closed-mindedness at institutions of…
Global Corruption and the Role of Government
The corruption of government officials seems to be as old as recorded history. For example, the ancient Roman senate passed laws against such political…
Society Is Not a Family, Government Is Not a Parent
Few things are as clear as the bankruptcy of the political “left.” Ranting and raving about Donald Trump and “anti-democratic” trends in the United…
Government Monopoly Money vs. Personal Choice in Currency
For more than two hundred years, practically all of even the most free market advocates have assumed that money and banking were different from…
Economic Ideas: Jean-Baptiste Say and the “Law of Markets”
Whatever economic freedom we enjoy in the world today is due, to a great extent, to the ideas and efforts of the classical liberals…
Karl Marx and the Presumption of a ‘Right Side’ to History, Part II
Those who speak about being on the “right side of history” have, knowingly or not, adopted a central element in Karl Marx’s analysis of…