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For the past year, I have been researching how the housing bubble of the 1920s contributed to the Great Depression when the bubble burst. My study involves reading many articles and speeches by Herbert Hoover, first as Commerce Secretary (1921-1928) then as president (1929-1933). As the nation endures the Obama presidency, I see much...
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A colleague sent me a link to the following collection of Hayek interviews, now available online. Other useful sites include: http://miltonfriedman.blogspot.com/ http://www.missliberty.com/ – updates to Miss Liberty’s Guide to Film and Video http://www.youtube.com/user/independentinstitute http://www.cato.org/events/archive.html http://reason.tv/ William F. Buckley, Jr.’s Firing Line show included interviews with people across the political spectrum, now collected at the Hoover...
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Get ready for life in ultra small cars, shorn of spare tires and other unnecessary weight. The Obama administration has set the Corporate Average Fuel Economy (CAFE) standards to 54.5 mpg! There will be fines (read: added costs) if you choose the wrong kind of vehicle or buy from an auto company that fails...
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(Continued from previous post). During the 1932 campaign, Franklin Roosevelt had a reputation as a mealy-mouth politician who made many promises but held his real plans close to his chest. The following cartoons capture that well: Of course, we now know that with his First Inaugural address (listen here), FDR took on the role...
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Robert Higgs noted here on July 6th that FDR defaulted on the national debt by “going off the gold standard.” Moreover, FDR was (and is) much praised for his courageous action in favor of the “little guy” and against “sound money” bankers. FDR did this with a stroke of the pen (Executive Order) and...
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This past week the governor of California signed a law that requires the teaching of gay history in textbooks used in government schools. That’s bad, but not for the reasons so-called “conservative” groups imagine. Government schools in California and Texas determine what is used in textbooks nationwide. The textbook boards in California lean toward...
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Welcome to the next chapter in our continuing coverage of Police State USA. In a JAMA (Journal of the American Medical Association) opinion piece, the authors argue for taking “super-obese” children from parents and putting them in foster care. Having just researched the dark side of well-intentioned “Progressivism” (early 20th century), I find this...
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In a recent article, the Wall Street Journal quotes Mark Zuckerberg, the kid from Harvard who heads the CEO of a company-not-yet-public. (Goldman-Sachs VIP insiders only, please). What disturbed me about the article is not that another company is breaking into the so-called China market after the Google row over censorship. I’m more disturbed...
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This week, a “God blogger” published a Wall Street Journal column highlighting the “circumcision wars” in California. The “intactivists” opposed to circumcision are up against Jews and Muslims (among others) in San Francisco. I’m betting with the latter groups. I think circumcision is barbaric and demeaning to men but it doesn’t rise to the...
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