One school of thought—Public Choice—says that statesmen can't exist in a democracy. Politics consists of vote trading, logrolling, rent seeking, and legislated looting. Politicians buy and sell favors, lobbyists act as middlemen, and the public gets fleeced. It can be no other way, say these theorists.
Hillary Clinton is, to say the least, a controversial person; but a reader who had never heard of her before taking up this volume might never suspect it.
As a benefactor, scholar, entrepreneur, and member of the natural elite, he was an example to our students, and to all of us. No matter how strong the storms, Mr. Alford never gave up the ship of liberty, and neither should we.
The period between the World Wars was a golden age for the Austrian School of economics. Led by Ludwig von Mises, a group of scholars writing in the tradition of Carl Menger broke new ground in economic science. Their studies showed the superiority of free markets and sound money over all forms of government control. A top theorist in that Mises Circle of thinkers was Gottfried Haberler, who died in Washington, D.C., at the age of 94 on May 6, 1995.
The intellectual achievements of Murray Newton Rothbard (1926-1995)—eminent scholar and friend—are monumental. He is the author of 25 books and thousands of article in scholarly and popular journals. His work covers the entire spectrum of the social sciences: pure economic theory, history, sociology, philosophy, religion, languages, and politics.
