Archive for September 5th, 2012

New Online Courses on Liberty »

With the very exciting, rapid development of online learning, I am delighted that new programs to provide excellent courses in economics and history have recently been launched by scholars who have worked with the Independent Institute. 1. The first is from the historian and best-selling author Thomas E. Woods, Jr. (Senior Fellow, Ludwig von...
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Social Liberalism and the Drug War »

In the 1990s, I read an interview with a rock star optimistic about the country’s direction. He thought President Clinton’s admission to having tried marijuana was a good sign. America was becoming more socially liberal. The new generation was in charge. And as one consequence, maybe the disastrous war on drugs would end. Not...
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Boom and Bust Banking—Causes and Cures »

The twenty-first century opened with optimism, as first the technology sector and then the housing sector boomed. But then came the financial crisis and the Great Recession—the worst economic malaise since the 1930s. Why, after several decades of economic stability, did the business cycle return with such force? Most attempts to answer this question...
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