Defending the Judeo-Christian Heritage, limited government, and the American Constitution
Sunday July 26th 2015

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S.E.M., Vol. 1, No. 7
Federalist 69 - by Alexander Hamilton. 1. What are the chief characters in regards to the President as outlined in the proposed Constitution? 2. Why does Hamilton believe the term of office for a President should be longer than three years? 3. What was the term of office for the king of England and what, in your opinion, is the potential for abuse in such a term? Would the term of office of the king of England present any advantages - in the Founders experience and in your opinion - over over the new American system? Read all of the questions and post your response at our new resource Self-Educated Man

‘Free Enterprise Zone’

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 [...]

Adam Smith: The Rise of Cities, After The Fall of Rome

Adam Smith: The Rise of Cities, After The Fall of Rome

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 III. OF THE RISE AND PROGRESS OF CITIES AND TOWNS, AFTER THE FALL OF THE ROMAN EMPIRE. The inhabitants of cities [...]

HENRY HAZLIT: HOW THE PRICE SYSTEM WORKS

HENRY HAZLIT: HOW THE PRICE SYSTEM WORKS

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 15 The whole argument of this book may be summed up in the statement that in studying the effects of any given economic proposal we must trace not merely the immediate results but the results in the long run, not merely the primary consequences but the secondary [...]

Unionism’s Fatal Flaws, Part Two: Double Standards

Unionism’s Fatal Flaws, Part Two: Double Standards

BY MARK W. HENDRICKSON Quite predictably, my article last week about Wisconsin adopting a right to work law elicited comments pro and con. I didn’t have time to read them all, but those I did read were an illustration of unions’ double standards. Members of unions need to realize that those double standards were a major factor contributing to [...]

Adam Smith: Discouragement of Agriculture in Europe

Adam Smith: Discouragement of Agriculture in Europe

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 II – OF THE DISCOURAGEMENT OF AGRICULTURE IN THE ANCIENT STATE OF EUROPE, AFTER THE FALL OF THE ROMAN EMPIRE. When [...]

Taking the Agenda 21 Fight to the Maine State Legislature

Taking the Agenda 21 Fight to the Maine State Legislature

Special Report BY TOM DEWEESE Introductory Remarks from Tom DeWeese to Our Readers Recently I was invited to address the state legislature of Maine to discuss Agenda 21 and its assault on private property rights. THAT HAS NEVER HAPPENED BEFORE IN MY 20+ YEARS OF FIGHTING AGENDA 21. THIS WAS AN HISTORIC OCCASION IN OUR FREEDOM MOVEMENT! Our [...]

On the Centennial of the Birth of a Giant

On the Centennial of the Birth of a Giant

LAWRENCE W. REED, THE FREEMAN April 25, 2015, marks a century since John James Cowperthwaite entered the world. It’s a birthdate that deserves celebration everywhere. I suggest April 25 as Cowperthwaite Day, to be observed on every continent by men and women who revere the blessings of a free economy and the courage of those who work to put it [...]

HENRY HAZLIT: SAVING THE X INDUSTRY

HENRY HAZLIT: SAVING THE X INDUSTRY

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 14 The lobbies of Congress are crowded with representatives of the X industry. The X industry is sick. The X industry is dying. It must be saved. It can be saved only by a tariff, by higher prices, or by a subsidy. If it is allowed to die, workers will be thrown [...]

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