Tag: Franklin D. Roosevelt
The Hot-Air Barrier: A Major Reason for the Infeasibility of Representative Government

Between the would-be, public office-holder on the one hand and the citizen in general and voter in particular on the other, lies a huge barrier that precludes the establishment of any rational connection. Think of genuine “representative government” on anything other than a very small scale as a practical impossibility. Many reasons explain the...
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United States of Fear

[F]irst of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and vigor has met with that understanding and support of...
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FDR Redux: A Cartoon Guide to Cutting the National Debt by 40% with the Stroke of a Pen! (Part II)

(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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FDR Redux: A Cartoon Guide to Cutting the National Debt by 40% with the Stroke of a Pen! (Part I)

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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Billionaire Entrepreneur Complains of Regime Uncertainty

Speaking to CNBC in Las Vegas recently, Steve Wynn, the billionaire developer and operator of entertainment properties, said: “Washington is unpredictable these days. No one has any idea what’s next . . . the uncertainty of the business climate in America is frightening, frightening to everybody, and it’s delaying recovery.” Wynn complains of “wild,...
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Great Moments in American Statesmanship

Everyone knows that the United States of America is the greatest nation in human history. It is the land of the free and the home of the brave, whereas the people of other countries are for the most part caged and cowardly. So it comes as no surprise that the American people, being themselves...
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Judge Andrew Napolitano: Military Tribunals Are Unconstitutional

In an article in the Los Angeles Times on November 29th, “The case against military tribunals,” Judge Andrew P. Napolitano presented his opposition to military tribunals in the U.S. government’s undeclared “war on terror.” It’s a violation of the Constitution to use the panels without a declaration of war—and just calling it a “war”...
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The Federal Bureaucracy-Plutocracy

According to an analysis of federal payroll data by USA Today, the federal bureaucracy has flourished during the current recession. Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession’s first 18 months—and that’s before overtime pay and bonuses are counted. Federal workers are enjoying...
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Regime Uncertainty in the 1930s: A New Deal Insider’s Account

In the mid-1990s, when I was engaged in the research that would eventually be published early in 1997 in an article titled “Regime Uncertainty” (a modestly revised version of which appears as chapter 1 of my Depression, War, and Cold War), I had not read Raymond Moley’s book After Seven Years, published in 1939....
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