Category: American History
By Randall Holcombe on Nov 13, 2009 in American History, Constitution, Healthcare, Social Security, The State | 6 Comments
Senator Jack Reed (D-RI) was asked “Specifically where in the Constitution does Congress get its authority to mandate that individuals purchase health insurance?” He couldn’t cite a specific section, but noted that Congress has required individuals to do lots of things in the past.
As a practical matter, Senator Reed is right.
Originally, the Constitution created a [...]
By Jonathan Bean on Nov 11, 2009 in American History, Books, Civil Liberties, Civil Society, Constitution, Law, Racism | 2 Comments
In the current issue of Books & Culture, Professor Paul Harvey (not to be confused with the late radio icon) takes aim at my “imagined” (read: invented) tradition of classical liberalism on race. You can read his full review here.
Harvey concedes that Race and Liberty in America rediscovers “understudied authors.” Then he quickly moves on [...]
By Robert Higgs on Nov 2, 2009 in American History, Budget and Tax Policy, Constitution, Federal Reserve, Law, Politics, The State, corruption | 37 Comments
In a recent commentary titled “Diagnostics and Therapeutics in Political Economy,” I endeavored to show that an analytical understanding of past growth in the government’s size, scope, and power does not permit us to prescribe effective means of stopping or slowing this growth, particularly any simple “silver bullet” remedy, and I specifically disclaimed any personal [...]
By David Theroux on Oct 31, 2009 in American History, Bailouts, Books, Budget and Tax Policy, Business, Economics, Employment, Fascism, Federal Reserve, Government subsidies, Great Depression, Labor, Media, Money and Banking, Nationalization, Presidential Power, Regulation, The State, Video, inflation, socialism, unemployment | 0 Comments
Independent Institute Senior Fellow Robert Higgs is interviewed here by Judge Andrew Napolitano on Fox News’ program, “Freedom Watch,” regarding the utter folly of the gigantic federal spending programs first started under George W. Bush and now enormously expanded by Barack Obama and the U.S. Congress. Prolonging the recovery amidst enormous economic confusion and new [...]
By Mary Theroux on Oct 26, 2009 in Africa, American History, Business, Civil Liberties, Civil Society, Economics, Imperialism, Morality, Natural Law, Personal Liberty, Racism, The State, Urban Issues, corruption, free market | 1 Comment
A new political thriller from PBS, “Endgame,” provides the little-known, true back story of apartheid’s end in South Africa, with credit given to a for-profit mining company. Foreseeing that deteriorating conditions in South Africa would likely result in a total loss of their assets, Consolidated Goldfields initiated secret discussions between representatives of the [...]
By Jonathan Bean on Oct 20, 2009 in American History, Civil Liberties, Education, Integrity, Media, Personal Liberty, Racism, corruption | 7 Comments
In a recent op-ed for the Wall Street Journal, Rush Limbaugh defends his record (“I am not a racist”) and further points out the double standard allowing left-liberals off the hook for statements that are clearly racist.
Limbaugh’s defense highlights several problems for libertarians and conservatives:
First, playing defense 24/7 is no way to move forward. It [...]
By Anthony Gregory on Oct 20, 2009 in American History, Budget and Tax Policy, Business, Economics, Employment, Government subsidies, Money and Banking, Nationalization, Politics, Presidential Power, Regulation, The State, corruption | 1 Comment
On Sunday, leading Obama officials criticized Wall Street, complaining about high bonuses, blaming business for high unemployment and seemingly protesting that financial institutions have both taken on too much risk and yet have not lent out enough money. The administration is not accepting much blame on its own for the unemployment and economic slump. Meanwhile, [...]
By David Theroux on Oct 3, 2009 in American History, Bailouts, Books, Budget and Tax Policy, Business, Constitution, Economics, Employment, Fascism, Government subsidies, Great Depression, Nationalization, Presidential Power, Regulation, Taxation, The State, Trade, Video, socialism, unemployment | 1 Comment
Independent Institute Senior Fellow Robert Higgs is interviewed on Fox News’ “Freedom Watch with Judge Andrew Napolitano” on how Barack Obama is Herbert Hoover’s true “Progressive” heir as an economic interventionist, corporatist and protectionist. Hoover’s policies caused the Great Depression and Franklin Roosevelt then continued and greatly expanded such policies as his New Deal, deepening [...]
By Jonathan Bean on Oct 2, 2009 in American History, Civil Liberties, Politics, Racism | 1 Comment
[Crosspost from commentary section: http://www.independent.org/newsroom/article.asp?id=2623 ]
When Barack Obama dumped Rev. Jeremiah Wright during the presidential campaign, he explained that the Reverend was a man lost in another time, when hard-core white racism required hypersensitivity to issues of race.
Likewise, former President Jimmy Carter seems lost in the hypersensitive radicalism of the late 1960s. In controversial remarks, the [...]
By Mary Theroux on Sep 24, 2009 in American History, Bailouts, Budget and Tax Policy, Business, Economics, Healthcare, Money and Banking, Politics, Regulation, corruption, free market | 3 Comments
Judging from the previews, Michael Moore’s latest, “Capitalism: A Love Story,” ought better be titled as above. Someone, quick, give him a copy of Adam Smith’s A Wealth of Nations and explain to him that the best way to stop corporations from taking advantage of government largesse distributed at the expense of the politically impotent [...]