Free Market

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Murray N. Rothbard

The election of 1994 was an unprecedented and smashing electoral expression of the popular revolution that had been building up for many months: a massive repudiation of President Clinton, the Clintonian Democratic Party, their persons and all of their works. It was a fitting follow up to the string of revolutions against government and socialism in the former states and satellites of the Soviet Union. The anti-government revolution has come home at last.

Robert Higgs

"Peace on Earth" should be more than a holiday cliché. The costs of war and its perpetual threat are immense, and threaten freedom and civilization itself. Even with the end of the Cold War, the U.S. finds itself in an endless series of military squabbles, including Panama, Iraq, Somalia, and Haiti, with prospects for future involvement in Korea, Bosnia, Cambodia, and Rwanda.

Jeffrey A. Tucker

Did 12 years of Reagan-Bush corrupt the Right? "Whatever they might say in their after-dinner speeches or in their op-ed pieces," writes former Wall Street Journal editorialist David Frum in his new book Dead Right, conservatives have "effectively thrown in the towel on government spending" and given up the war against big government.

Yuri N. Maltsev

Alexandr I. Solzhenitsyn's return to Russia has engendered more than the usual amount of scaremongering. The author, we are told, is a Pan-Slavic nationalistic and religious fanatic whose views are outdated and irrelevant. Yet Solzhenitsyn used his first speech and press conference in Russia to promote two economic ideas that can actually move Russia forward: private property and free enterprise.

Murray N. Rothbard

Governments, especially including the US. government, seem to be congenitally incapable of keeping their mitts off any part of the economy. Government, aided and abetted by its host of apologists among intellectuals and policy wonks, likes to regard itself as a deus ex machina (a "god out of the machine") that surveys its subjects with Olympian benevolence and omniscience, and then repeatedly descends to earth to fix up the numerous "market failures" that mere people, in their ignorance, persist in committing.

Llewellyn H. Rockwell Jr.

Think of the U.S. Postal Service as a Soviet planning bureaucracy. The P.S. causes severe and systemic dislocations, imposes a terrible burden on enterprise and the citizenry, and is sometimes tyrannical. Also like Soviet planning, the longer it lasts, the worse it gets. It is doomed to fail and be dismantled.

Joseph Sobran

American government, we are told, is notable for its stability. And so it seems, at least on the surface. But stability over a long period, as the Russian tsars could tell us, is no guarantee of permanence. And the tsars fell very suddenly after ruling far longer than the U.S. government's two centuries.

Clifford F. Thies

Federal bureaucrats think they, not the financial markets should direct investment spending. They want to rebuild "infrastructure," fund space stations, install magnetic supertrains, and set up information highways (or redistribute the existing ones). That's what President Clinton means when he says he'll "grow the economy" through "investment."