War Profits

The Free Market 18, no. 10 (October 2000)

 

Both Ludwig von Mises and F.A. Hayek were called upon during wartime to weigh in on the question: what is the best economic policy in the conduct of war? Both were opposed to using war as a device for socializing the economy. If a war must be waged, they argued in their roles as value-free economists, better to contract-out the building of munitions to private companies rather than attempt to do it through nationalization and administrative edict. 

Social Entrepreneurship

The Free Market 18, no. 10 (October 2000)

 

Al Hunt of the Wall Street Journal is excited. The leftist columnist believes that he has found a wonderful “Third Way” example of using government to help poor people without the whole thing becoming yet another socialist giveaway. However, as with most government schemes that Hunt and his statist media colleagues like to tout, the latest example of “social entrepreneurship” is simply another fraud at worst and a misuse of resources at best. 

HUD’s Biggest Farce?

The Free Market 18, no. 11 (November 2000)

 

For decades, the Department of Housing and Urban Development (HUD) has been renowned as one of Washington’s biggest boondoggles. HUD Secretary Henry Cisneros admitted to Congress in June 1993: “HUD has in many cases exacerbated the declining quality of life in America.” Vice President Al Gore denounced public housing projects in 1996: “These crime-infested monuments to a failed policy are killing the neighborhoods around them.” 

Government’s Forest Fire Disaster

The Free Market 18, no. 11 (November 2000)

 

You’ve heard that government policies can cause unanticipated bad effects? This view is confirmed many times over when you consider the current forest-fire fiasco. Government is the cause of the fires that raged out of control across the West this summer, just as surely as if the Forest Service had spread the fuel and lit the match. 

Is Klein A Selfless Public Servant?

The Free Market 18, no. 11 (November 2000)

 

During the seemingly endless debate over the government’s treatment of Microsoft, the consensus seems to be that this is mostly a battle over ideas, including the role of government in economic matters. Whenever the subject of “self interest” appears, it usually deals with Microsoft’s competitors that stand to gain from the destruction and looting of that software company.

Time for Optimism

The Free Market 18, no. 12 (December 2000)

 

Statism was the primary theme of this year’s election. The political issues of the day were all approached from the interventionist point of view. For George W. Bush and Al Gore, it was not a matter of whether government should be running a social security scheme or not. It was only a matter of how government might save it.

Cell Phone Hazard?

The Free Market 18, no. 12 (December 2000)

 

Many of us have had close calls or experienced rude behavior from distracted drivers with handheld cellular phones pressed to their ears. Some can tell hair-raising stories, and a small number of fatal auto accidents are said to be attributable to cell phone use.

Government Lies

The Free Market 18, no. 12 (December 2000)

 

In October, the press began reporting Albert Gore’s startling catalog of lies. They were legion. How can a person tell so many falsehoods so often about so many things? One newspaper account theorized that it was a habit developed from growing up in a highly-political family.