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Saturday July 4th 2015

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‘Steven Horwitz’

Socialism is War and War is Socialism

Socialism is War and War is Socialism

STEVEN HORWITZ, THE FREEMAN " planning does not accidentally deteriorate into the militarization of the economy; it is the militarization of the economy.… When the story of the Left is seen in this light, the idea of economic planning begins to appear not only accidentally but inherently reactionary. The theory of planning was, from its [...]

Fast Cash: Easy Credit and the Economic Crash

Fast Cash: Easy Credit and the Economic Crash

STEVEN HORWITZ, THE FREEMAN FEE alum Dorian Electra is at it again with her new music video, "FA$T CA$H: Easy Credit & the Economic Crash." Here is what economist Steve Horwitz has to say about it: On the surface “FA$T CA$H: Easy Credit & the Economic Crash” is a whimsical look at spending and saving, but the message is much [...]

Is Being Less Productive Good for Humanity?

Is Being Less Productive Good for Humanity?

STEVEN HORWITZ, THE FREEMAN It is not often that one comes across an article, especially one in arguably the most important newspaper in the country, that is so misguided across the board that one hardly knows where to begin in pointing out its errors. Unfortunately, such an article appears in the May 27 New York Times. Tim Jackson’s [...]

Is Being Less Productive Good for Humanity?

Is Being Less Productive Good for Humanity?

STEVEN HORWITZ, THE FREEMAN It is not often that one comes across an article, especially one in arguably the most important newspaper in the country, that is so misguided across the board that one hardly knows where to begin in pointing out its errors. Unfortunately, such an article appears in the May 27 New York Times. Tim Jackson’s [...]

Horwitz: Debating the Stimulus

Horwitz: Debating the Stimulus

Avoid the GDP distraction STEVEN HORWITZ, THE FREEMAN With the election season in full swing, we can expect economic issues to be at the forefront of the candidates’ efforts to define their differences with each other.  One issue sure to be under the microscope is the effectiveness of President Obama’s stimulus program.  Here are some [...]

Who Plans Best for Natural Disasters?

Who Plans Best for Natural Disasters?

Hurricane photo courtesy of NASA. Private firms or government agencies? STEVEN HORWITZ, THE FREEMAN As Hurricane Isaac rakes the U.S. Gulf Coast, it’s worth reminding ourselves who really plans well for disasters and does the best job responding to them. In the last few days TV crews have endlessly interviewed politicians about how [...]

Droughts, Famines, and Markets

Droughts, Famines, and Markets

STEVEN HORWITZ, THE FREEMAN Why crop failures need not starve anyone. As I write, many high school students all over the United States, my daughter included, are reading John Steinbeck’s The Grapes of Wrath, with its portrayal of the 1930s Dust Bowl, in preparation for literature courses in the fall.  Steinbeck’s fictional account [...]

It’s Not a Black-and-White World

It’s Not a Black-and-White World

Charles Dickens STEVEN HORWITZ, THE FREEMAN Find the good among the bad. Last Saturday night I attended Sarah Skwire’s “Evening at FEE.” In her excellent lecture, Skwire, a poet and Liberty Fund fellow, debunked the myth widely held by classical liberals (and others) that Charles Dickens was consistently anti-market. She presented [...]

Remembering Heroes of Darker Days

Remembering Heroes of Darker Days

STEVEN HORWITZ, THE FREEMAN The FEE library and keepers of of the Austrian flame. I had the great fortune to spend last week teaching at the Advanced Austrian Economics seminar at FEE’s Irvington-on-Hudson mansion. As readers may or may not know, the mansion has been sold, although it may take some time before all of the bureaucratic [...]

Economics Is Not Materialist

Economics Is Not Materialist

STEVEN HORWITZ, THE FREEMAN One accusation made against economists, and particularly those of us strongly inclined to support free markets, is that we only, or mostly, care about material things. This totally misunderstands economics and how economists understand the world. In fact, the truth is just the opposite. For good economists the [...]

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