Defending the Judeo-Christian Ethic, Limited Government, & the American Constitution
Wednesday May 27th 2015

Feature Essay


Clarence B. Carson

Of Rights and Responsibilities, by Clarence Carson


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‘Free Enterprise Zone’

Minimum Wage Laws

Minimum Wage Laws

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 18 We have already seen some of the harmful results of arbitrary governmental efforts to raise the price of favored commodities. The same sort of harmful results follows efforts to raise wages through minimum wage laws. This ought not to be surprising; for a wage [...]

Ownership Must Be Tempered by Sharing

Ownership Must Be Tempered by Sharing

LAWRENCE W. REED, THE FREEMAN Clichés of Progressivism, Part 16 Progressives have a problem with ownership, especially when it’s yours. The very notion seems to conjure up in their minds an anti-social acquisitiveness, selfishness, and greed. Far more quickly, they come to the defense of “sharing” because it suggests sacrificing ownership [...]

Book IV, Chapter I: The Principle of Commercial or Mercantile System

Book IV, Chapter I: The Principle of Commercial or Mercantile System

An Inquiry Into the Nature and Causes of the Wealth of Nations by Adam Smith, 1776 2013 Internet Edition (with explanatory notes) by Steve Farrell BOOK IV. OF SYSTEMS OF POLITICAL ECONOMY. Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects; first, to provide a plentiful [...]

Government Price Fixing

Government Price Fixing

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 17 We have seen what some of the effects are of governmental efforts to fix the prices of commodities above the levels to which free markets would otherwise have carried them. Let us now look at some of the results of government attempts to hold the prices of [...]

Let’s Get On a Pro-American Track

Let’s Get On a Pro-American Track

BY PHYLISS SCHLAFLY Congress, led by Senator Mitch McConnell (R-KY) and Speaker John Boehner (R-OH), is preparing to betray American workers, and the grassroots should rise up and say “No, you don’t.” The secretive underhanded deal is called Fast Track, and that’s an appropriate title because, indeed, it puts Americans on a fast track to [...]

HOW COMMERCE CONTRIBUTED TO THE IMPROVEMENT OF THE COUNTRY

HOW COMMERCE CONTRIBUTED TO THE IMPROVEMENT OF THE COUNTRY

An Inquiry Into the Nature and Causes of the Wealth of Nations by Adam Smith, 1776 2013 Internet Edition (with explanatory notes) by Steve Farrell BOOK III. OF THE DIFFERENT PROGRESS OF OPULENCE IN DIFFERENT NATIONS CHAPTER IV. HOW THE COMMERCE OF TOWNS CONTRIBUTED TO THE IMPROVEMENT OF THE COUNTRY. The increase and riches of commercial [...]

The Welfare State Needs Abolition, Not “Reform”

The Welfare State Needs Abolition, Not “Reform”

Conservatives should fight to repeal, not streamline, the bloated welfare state DOUG BANDOW, CATO INSTITUTE Conservatives should fight to repeal, not streamline, the bloated welfare state The United States is effectively bankrupt. Economist Laurence Kotlikoff figures the government faces unfunded liabilities in excess of $200 [...]

Understanding the World’s Energy Needs

Understanding the World’s Energy Needs

CATO INSTITUTE EDITORS A new documentary by Cato Senior Fellow Johan Norberg, shown recently on PBS stations nationwide, is a non-political look at the reality of the world’s energy problems. “Energy questions are complicated, and there are always trade-offs,” Norberg notes.    While bringing electricity to many remote villages in India [...]

“Stabilizing” Commodities

“Stabilizing” Commodities

BY HENRY HAZLIT - Essential Works: The Freeman Economics In One Lesson, Chapter 16 Attempts to lift the prices of particular commodities permanently above their natural market levels have failed so often, so disastrously and so notoriously that sophisticated pressure groups, and the bureaucrats upon whom they apply the pressure, seldom [...]

Obama’s Economic Disaster

Obama’s Economic Disaster

BY ALAN CARUBA Commenting on the rioting in Baltimore, the Wall Street Journal’s Daniel Henniger was almost to the end of his April 30 text when he said “On Wednesday morning, the year’s first-quarter GDP growth rate came in—0.02%. Next to nothing. For the length of the Obama presidency, with growth significantly below norm, unemployment [...]

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