Editorials: Richard Ebeling

Democracy is Not the Same as Freedom

A fundamental fallacy of our time is that democracy is the open-sesame to peace, freedom, and prosperity.

The Miracle and Morality of the Market

One of the great fallacies arrogantly believed in by those in political power is the notion that they can know enough to manage and command the lives of everyone in society with better results than

Proud to be an American: What Should It Mean?

America! For more than two hundred years the word has represented hope, opportunity, a second chance, and freedom.

Don’t Believe Government About Price Inflation

It is an old adage that there are lies, damn lies and then there are statistics.

Fed Follies: Central Bank Continues to Force Economy in Wrong Direction

For more than a decade, now, Federal Reserve policy has been guided by the fear of one economic bogyman: the presumed danger of “price deflation.” The fear is unfounded and the inflationary “soluti

Federal Reserve Policies Cause Booms and Busts

Since the economic crisis of 2008-2009, the Federal Reserve – America’s central bank – has expanded the money supply in the banking system by over $4 trillion, and has manipulated key interest rate

Böhm-Bawerk: Austrian Economist Who Said “No” to Big Government

We live at a time when politicians and bureaucrats only know one public policy: more and bigger government.

Tax Inversion Freedom vs. Fiscal Berlin Wall

The Obama Administration has proposed its latest form of collectivist control over the American people. In a letter to Congress U.S.

Free Market Capitalism vs. Crony Capitalism

In the minds of many people around the world, including in the United States, the term “capitalism” carries the idea of unfairness, exploitation, undeserved privilege and power, and immoral profit