Defending the Judeo-Christian Ethic, Limited Government, & the American Constitution
Monday April 20th 2015

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Clarence B. Carson Of Rights and Responsibilities, by Clarence Carson

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‘Free Enterprise Zone’

The tip of the climate spending iceberg

The tip of the climate spending iceberg

BY PAUL DRIESSEN ~How your tax and consumer dollars finance Climate Crisis, Inc. and hobble America~ Lockheed Martin, a recent Washington Post article notes, is getting into renewable energy, nuclear fusion, “sustainability” and even fish farming projects, to augment its reduced defense profits. The company plans to forge new ties with [...]

Adam Smith: Book 2 – Of The Division of Stock

Adam Smith: Book 2 – Of The Division of Stock

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 I. OF THE CAUSES OF IMPROVEMENT IN THE PRODUCTIVE POWERS OF LABOR, AND OF THE ORDER ACCORDING TO WHICH ITS PRODUCE IS NATURALLY DISTRIBUTED AMONG THE DIFFERENT RANKS OF THE [...]

Score a Victory for Cruz over Brown

Score a Victory for Cruz over Brown

In Most Recent Climate Change Scuffle PAUL C. "CHIP" KNAPPENBERGER, CATO INSTITUTE Global Science Report is a feature from the Center for the Study of Science, where we highlight one or two important new items in the scientific literature or the popular media. For broader and more technical perspectives, consult our monthly “Current [...]

Spread The-Work Schemes

Spread The-Work Schemes

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 8 I have referred to various union make-work and featherbed practices. These practices, and the public toleration of them, spring from the same fundamental fallacy as the fear of machines. This is the belief that a more efficient way of doing a thing [...]

Of The Nature, Accumulation, and Employment of Stock

Of The Nature, Accumulation, and Employment of Stock

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 II. OF THE NATURE, ACCUMULATION, AND EMPLOYMENT OF STOCK INTRODUCTION In that rude state of society, in which there is no division of labour, in which exchanges are seldom made, [...]

The Curse of Machinery

The Curse of Machinery

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 7 Among the most viable of all economic delusions is the belief that machines on net balance create unemployment. Destroyed a thousand times, it has risen a thousand times out of its own ashes as hardy and vigorous as ever. Whenever there is a [...]

“Business Is Entitled to a Fair Profit”

“Business Is Entitled to a Fair Profit”

LEONARD E. READ, THE FREEMAN This is actually a cliché of social­ism, but it often goes unchallenged because the businessmen who re­peat it are rarely suspected of en­dorsing ideas with socialistic ov­ertones. The notion that a business is en­titled to a fair profit has no more to commend it than does the claim that workers are [...]

Conclusion of Book 1 to the Inquiry into the Nature and Causes

Conclusion of Book 1 to the Inquiry into the Nature and Causes

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 I. OF THE CAUSES OF IMPROVEMENT IN THE PRODUCTIVE POWERS OF LABOR, AND OF THE ORDER ACCORDING TO WHICH ITS PRODUCE IS NATURALLY DISTRIBUTED AMONG THE DIFFERENT RANKS OF THE [...]

Credit Diverts Production

Credit Diverts Production

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 6 Government “encouragement” to business is sometimes as much to be feared as government hostility. This supposed encouragement often takes the form of a direct grant of government credit or a guarantee of private loans. The question of government [...]

Regulatory Capture of Trade Agreements

Regulatory Capture of Trade Agreements

SIMON LESTER, CATO INSTITUTE This is from Ezra Klein: I’m skeptical of the sheer size of modern trade deals and the opaque process that creates them. The negotiation process isn’t quite as secretive as some think — the congressional briefings are constant, and the advisory committees are sprawling — but it is insanely complex. The [...]

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