Tag: History

Repeal the 17th Amendment »

The 17th Amendment is in its centennial year, having been ratified in 1913. The Amendment mandates the direct election of senators. Prior to its passage, Article I, Section 3 of the Constitution specified, “The Senate of the United States shall be composed of two senators from each state chosen by the Legislature thereof...” The...
Read More »

Supreme Court Rules: Social Security is NOT a Binding Contract »

This post was prompted by all-too-common opinions expressed in Randall Holcombe’s recent “Federal Government Debt Undermines the Programs It Finances” blog. The respondents passionately insist that Social Security is a contract, whatever you do to the budget, do not touch Social Security. “I paid in and it is a contract. They owe me.” The...
Read More »

Don’t Know Much About History: Colleges Teach U.S. History with Politics Left Out (Is that Good or Bad?) »

The good news from the NAS study of American history survey courses: if Hayek was right, then American college graduates–the next generation–will learn a lot about racial oppression, class, and gender (all from a left-wing perspective) but precious little about State Power. Forget what you think of State Power (force for good or source of evil). Americans will know NOTHING. I’ll venture they know nothing already. . .

What do readers think? Is it better that Americans know little about history? Is it better than having them learn Zinn-style history on issues unrelated to race, class, gender?

James M. Buchanan: 1919-2013 »

James M. Buchanan, who was awarded the Nobel Prize in economics in 1986 for his pioneering work that developed the field of public choice, passed away on January 9, 2013, at age 93. Buchanan’s work has had a major influence in academic economics and beyond, and he was one of the twentieth century’s leading...
Read More »

The Salmon Trap: An Analogy for People’s Entrapment by the State »

A salmon trap (also known as a pound net) is a setup for catching salmon as they return to their spawning places in the gravel beds of shallow inland streams. Such traps were used in Washington and Oregon until they were outlawed—by Oregon in 1926 and by Washington in 1934—and in Alaska until they...
Read More »

A Bogus Example of Controlling Inflation with Price Controls »

As the U.S. government prepared for and then engaged fully in World War II, it made increasingly stringent efforts to control inflation by imposing price controls. Late in 1942, these controls were strengthened substantially, and from early 1943 through mid-1946, when the controls were allowed to lapse, the consumer price index rose very little....
Read More »

A December 1941 Speech that FDR Never Delivered »

On or about December 5, 1941, President Franklin D. Roosevelt (probably with the aid of one or more speech writers) prepared a speech on U.S. relations with the Far East, in general, and with Japan, in particular. The speech was to be delivered to the Congress in order, as its opening sentence indicates, “to...
Read More »

James Madison Analyzed Regime Uncertainty in 1788 »

In Federalist 62, published in the Independent Journal, February 27, 1788, James Madison writes as follows: It will be of little avail to the people, that the laws are made by men of their own choice, if the laws be so voluminous that they cannot be read, or so incoherent that they cannot be...
Read More »

A Tale of Two Abolitionists »

An excellent movie released six years ago, “Amazing Grace,” depicted the life of William Wilberforce and his ultimately successful efforts to abolish, first, the British Slave Trade in 1806, and then slavery throughout the English empire with the Slavery Abolition Act of 1833. He did so entirely peacefully, through the British parliamentary system. It...
Read More »

Once More, with Feeling: Our System Is Not Socialism, but Participatory Fascism »

I continue to encounter many discussions in which the author or speaker bemoans the economic order’s drift toward socialism or, in some cases, its actual existence as such. If this characterization were simply a matter of linguistic imprecision, it might not matter much. But it is much more than a matter of terminology, because...
Read More »