Matter of Degree, Not Principle: The Founding of the American Liberty League
On October 29, 1929, the roof fell in on the booming American economy.
U.S. Economy
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Industrial Employment and the Policies of Herbert C. Hoover
Most historians claim that Herbert Hoover adhered to a policy of laissez faire after the stock market crash of 1929. This laissez faire policy is allegedly responsible for the severity and persistence of unemployment
The Political Economy of Monarchy and Democracy, and the Idea of a Natural Order
A government is a territorial monopolist of compulsion — an agency which may engage in continual, institutionalized property rights violations and
Hoover and Wages in the Depression: A Comment on Douglas MacKenzie: A Rejoinder
It is suggested in Daniel Kuehn’s article in this issue (2011) that MacKenzie (2010) is wrong about Hoover’s effectiveness in pushing a high wage policy that caused high unemployment.
Review of A History of the Federal Reserve, Vol. 2: Book 1 (1951–1969), Book 2 (1970–1986), by Allan Meltzer
Arthur Burns, Federal Reserve chairman (1970-1978), delayed Murray Rothbard's doctoral dissertation at Columbia University in the mid-1950s. Rothbard (1969) later observed
Symposium: Chicago versus the Free Market, Introduction
Mention the term “free-market economics” and many people’s thoughts immediately turn to the Chicago School, the academic home of nine Nobel prize w
Praxeology as Law & Economics
The law & economics movement has become one of the most dynamic schools within economics.
Contra Anarcho-Capitalism
Mixing economics and government is a dangerous idea, nearly as dangerous as mixing church and government.
The Political Economy of the New Deal, by Jim F. Couch and William F. Shughart II
Couch and Shughart’s book brings together a number of public-choice studies by other authors which have appeared in various journals, but have never been formally connected to each other in a single book.
Review of From Mutual Aid to Welfare State: Fraternal Societies and Social Services, 1890–1967, by David Beito
From Mutual Aid is not, nor does it intend to be, a comprehensive study demonstrating the superiority of private social welfare efforts over government programs.
