Tag: American History

How Much Longer Can the U.S. Economy Bear the Burdens? »

Ordinary people, and sometimes experts as well, tend to overreact to short-term economic changes. The current economic malaise in the United States and Europe has brought forth a bevy of commentators convinced that this time the economy has taken a permanent turn for the worse. Never again, they declare, will we enjoy growing prosperity...
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Milton Friedman on “Free” College »

Sixty years ago Milton Friedman made the case in “The Role of Government in Education” that since individuals reap the benefits of college degrees, whether personally, professionally, or both, they should pay for them. By 1979 Friedman noted that higher education subsidies had become such an Ivory Tower boondoggle, higher education should be taxed to...
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The State of the Disunion »

Top stories in world news last week: New Snowden Documents Reveal that the NSA is Preparing for Cyber War According to top secret documents from the archive of NSA whistleblower Edward Snowden seen exclusively by SPIEGEL, they are planning for wars of the future in which the Internet will play a critical role, with...
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The Long Road Back from Torture »

If it’s true that the first step towards recovery is admitting you have a problem, then last week’s release of the report detailing the CIA’s torturing of prisoners can at least hopefully provide the impetus for Americans to disavow such methods and begin to rein in the out-of-control security state that has grown especially...
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All Men Are Brothers, but All Too Often They Do Not Act Accordingly »

In “The Communist Manifesto,” Marx and Engels tell us that “[t]he history of all hitherto existing society is the history of class struggles.” In a sense, I agree, although I define the struggling classes differently than they did. In any event, it seems clear enough from what we know about the past ten thousand...
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Small Business Suffers: The Riots, Past and Present »

Several years ago, I wrote an article for The Independent Review on the urban riots of the 1960s (and the Rodney King riot of 1992). Watching the events unfold in Ferguson, it seems those in charge of riot control learned nothing. Once again, the victims were small business owners—many of them African Americans (as...
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I’ll Take Market Forces Over Government Force Any Day »

Responding to their customers’ increasing demand for privacy in the aftermath of revelations by whistle-blowers that the government is capturing and indefinitely storing every conversation, email, location, online transaction, and more, Apple, Google, WhattsApp, and others are developing new encrypted phones and services to thwart this now-universal warrantless spying. Simultaneously, a bill that would...
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The Power of Ideas »

Today marks the twenty-fifth anniversary of the most thrilling event of my lifetime: when oppressed individuals came together and laid claim to their birthright of liberty. Also known as “The fall of the Berlin Wall.” It wasn’t supposed to have happened this way. “Everyone” knew the Soviet Union was the strongman. The intellectuals dismissed...
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Airline Deregulation Act of 1978 »

President Jimmy Carter signed the Airline Deregulation Act on October 24, 1978. That law phased out the Civil Aeronautics Board (CAB) over the next four years, ending five decades of federal regulation of passenger airfares on interstate commercial flights and entry into the airline industry. One of prime movers behind this first legislative initiative...
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Happy Birthday, Tea Party! »

October 16, 2014, marks the 241st anniversary of an event that helped launch the American Revolution against King George III, eventually leading the thirteen colonies to independence from the British Empire. On that same fall day in 1773, the first public assembly to protest the Tea Act convened in Philadelphia. (The more famous Boston...
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