New Video with Ron Paul: “Defining Liberty: The Future of Freedom”
How can Americans overcome record government spending and debt, escalating healthcare costs, intrusive federal surveillance, endless wars, ongoing economic malaise, high unemployment, failing schools,...
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There He Goes Again!
Midterm elections are looming on the horizon and it therefore should not be surprising that President Obama is in the market for votes to stave off the loss of a Democratic majority in the U.S. Senate...
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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....
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No, Senator Sanders, the Fed Was Always a Creature of Cronyism
Reforming the Federal Reserve can brighten the future of American democracy—but unless the reforms reflect an understanding of how and why our central bank was created, the Fed will continue to serve...
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Trump’s Tactic Is Certain to Create “Regime Uncertainty”
President-elect Donald Trump’s so-called Carrier deal, which seems to amount to a threatening conversation he had with Carrier’s managers, combined with some tax concessions by the state of Indiana,...
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Paul Richard Theroux (1922 – 2017)
I had the distinct privilege of delivering the eulogy (with my brother Gary) at the memorial service for my late father, Paul Richard Theroux, on Saturday, June 23, 2018, at Sylvan Abbey Funeral Home,...
View ArticleLehman Brothers and the 2008 Financial Panic: Learning the Right Lessons
This week marks the 10th anniversary of the collapse of Lehman Brothers, the pivotal event that serves as the official starting point of the financial panic of 2008. Officials in both the George W....
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Coronacrisis and Leviathan
In his magisterial Crisis and Leviathan, Robert Higgs shows that the growth of government in the twentieth century can largely be explained by patterns of crisis and response. These crises can be real...
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