The Economics of Liberty
Index
Compiled by Richard Hite
Abbey, Edward, 292
Acheson, Dean, 367
Acid rain, 299–300
Acton, Lord, 120–21
Adams, John Quincy, 329, 364
Advertising, 244–46
Affirmative action, 160, 184–85
Agency for International Development, 44
Agnos, Arthur, 142
Agriculture, 191–96, 349, 350
AIDS, 179, 216, 220, 249–53, 292, 305
Airline industry, 190
Airline Pilots Association, 26
Alar, 297–98
Albania, 191, 333
Alcohol; See Prohibition American Broadcasting Corporation (ABC), 244
American Federation of Labor-Congress of Industrial Organizations (AFL-CIO), 20, 23
American Future Systems, 245
American Medical Association (AMA), 252
Amnesty International, 72
Anderson, Sherwood, 372
Andreas, Dwayne, 116
Angell, Wayne, 101–03
Angola, 369
Animal Liberation Front, 303
Animal rights, 272–76, 284, 301–05
Antoinette, Marie, 248
Appalachian Regional Development Act, 179
Aquinas, Saint Thomas, 75
Argentina, 115, 334
Aristotle, 165
Armey, Richard, 201, 206–07
Asian Law Caucus, 248
Astrology, 66, 68
Auburn University, 225
Audubon Society, 302
Austrian economics, 48, 70, 95
Austrian Institute for Business Cycle Research, 105
Azpilcueta, Martin de, 75
Bailouts
farm 195; See also Savings & Loan Industry
Baker, James, 33, 35, 87, 117, 370
Bank for International Settlements, 254, 260
Bank of Japan, 254
Bank Secrecy Act, 257
Banking
central, 32–35, 105, 107, 175, 254, 261–62, 282, 317
deposit insurance, 80–83, 89–91
fractional reserve, 79–82, 83, 84, 89–90, 92, 93, 108
in West Germany, 34
international, 33–34, 257–259, 261–62
offshore, 259
private, 110–12
reserve requirements, 80, 83
world, 32, 34–35
See also Federal Reserve
Barnes, Fred, 280, 281, 284, 304
Bastiat, Frederic, 167
Baumol, William J., 39
Bell, Terell, 240
Bennett, Pauline, 137, 139
Bennett, William, 135, 153, 162, 204, 223, 226, 231, 233, 234, 316
Berg, Jerome, 194
Berlin Wall, 322
Bernardino of Siena, Saint, 76
Bernstein, Edward M., 33
Biddle, Livingston, 206
Biden, Joseph, 316
Bill of Rights, 155, 157, 176
Bimetalism, 110
Bipartisanship, definition of, 281
Bismarck, Otto von, 364
Black markets, 222, 225, 339
Blinder, Alan S., 39
Blood supply, 216
Boetie, Etienne le, 329
Böhm-Bawerk, Eugen von, 106
Boland Amendment, 145
Bolshevik Revolution, 326–27
Bonds, 96
Bonin, Jose Miguez, 277, 279
Borman, Frank, 21
Boxer, Barbara, 302
Bradford, M.E., 204
Bradley, Ed, 297–98
Brady, Nicholas, 47, 51, 85–88
Breeden, Richard, 72
Bretton Woods, 32–33, 103, 116, 261
Brookes, Warren, 297, 314
Brooklyn Academy of Music, 206
Brower, David, 148–49, 292, 293
Browne, Tom, 140
Buchanan, James, 189, 314
Buchanan, Patrick J., 88, 371
Bureaucracy
failure of, 74, 119–23, 124–27, 128, 130, 164, 170, 173, 180, 193, 242, 253, 283, 297, 300, 308, 343, 353, 367
paternalism of, 121, 176, 316
of the World Bank, 117
Bureau of Indian Affairs, 126
Bureau of Land Management, 152
Burnham, James, 223
Burroughs, John, 291
Bush administration, 31
bureaucracy of, 126, 133, 137, 177, 189, 190, 204, 207
on deficits, 30
on drugs, 234
education, 238–41
on environmentalism, 300, 304, 306, 307
on globalism, 254–57
on gun control, 153
on Savings & Loans, 89, 283
on taxes, 53, 144, 317
on the Third World, 85, 235
See also Drug War
Bush, Barbara, 304
Bush, George Herbert Walker, 18, 64, 90, 132, 161, 235, 238, 239, 263, 268, 280, 285–88
Business cycles, 29, 95, 96, 104–08, 255, 348
Calculation, economic, 14–15, 265–66
Cambodia, 354–58
Canadian Animal Rights Network, 273
Capital markets, 159–60
Capitalism
and competition, 87, 334
enemies of, 13, 277, 291
See also Free Market
Carcinogens, 298
Carroll, John, 72
Carter administration, 206, 282
Carter, James E., 133, 177, 228, 240, 285
Cass, Ronald, 61
Castro, Fidel, 277
Catholics, 243
Cavazos, Lauro F., 136
Cayman Turtle Farm, 310–11
Census, U.S., 63
Central Intelligence Agency, 350
Chafuen, Alejandro A., 73, 75
Charity, private, 173
Chase, Alton, 299
Chase Manhattan Bank, 71
Cheney, Richard, 212, 215
Chesterton, G.K., 233
Chicago Board of Trade, 48
Chicago School of economics, 95
Chile, 369
China, People’s Republic of, 114, 319–22, 333
Chodorov, Frank, 175, 323, 325
Choeung Ek, 354
Chomsky, Noam, 282
Christianity, 276–79, 289
Chrysler Corporation, 57, 86
Church World Services, 141
Churchill, Winston, 282, 368
Civic duty, 264
Civil Aeronautics Board, 188
Civil rights, 16, 182–87
Act of 1964, 179, 250
Rehabilitation Act of 1973, 250
Civil service, 171
Clarke, Robert L., 83
Clean Air Bill, 307
Clean Water Act, 296, 306
Coase, Ronald, 311
Coast Guard, 248
Cocaine, 225
Cockburn, Alexander, 289
Coelho, Tony, 318
Cold War, 211, 213, 216, 322–25, 329, 365, 367, 368, 371
Collectivism, 163, 191, 334; See also Communism; Socialism
Columbia University, 63
Comecon, 314
Committee on Government Operations, 260
Commodity Futures Trading Commission, 48
Communism, 247, 327, 332, 347; See also Socialism
Communist Party, 235, 236, 333, 346, 353
Community Development Block Grants, 133
Compassion, 171
Competition, 71, 243, 271
Comptroller of the Currency, 258
Conable, Barber, 114, 115
Congress, U.S., 116, 124, 171
and arts, 204
and pay raise, 124, 125
in defense of, 144–48
Conscription, 332, 333–34
Conservatives, 159–64, 169, 204, 207, 240
Constitution, U.S., 109–12, 120, 123, 145–46, 155, 175, 244–46, 288, 352
Consumers, 49–51, 59, 269–70, 344
Continental Illinois Bank, 84
Contras, 169
Coolidge, Calvin, 24
Corcoran Gallery of Art, 202
Corporate Average Fuel Efficiency (CAFE) standards, 307
Corporate control, 71
Cost-benefit analysis, 123, 130, 208, 348
Council of Economic Advisers, 188
Counterfeiting, 175
Coxe, Tench, 155
Cranston, Alan, 230
Credit
expansion, 83, 105, 107
markets, 80–81
See also Inflation Crisis, 172
Crockett, Davy, 143
Cuba, 235, 333
Cuddihy, John Murray, 184
Currency Transaction Report, 258
Darman, Michael, 88
Day, Dorothy, 373
Dean, Deborah, 119
Debt
foreign, 58, 86
government, 85–86
of Third World, 83, 85–88
Declaration of Independence, 176, 177, 179
Deficits, 29–30, 104, 267, 282–83
Democracy, 166, 167, 330–31, 352, 362, 367
Democratic Party, 17, 120, 125, 133, 160, 169, 186, 207, 280, 283, 305, 308, 347
Demsetz, Harold, 40
Department of Agriculture, 126, 192–94
Department of Commerce, 120, 283
Department of Defense, 293
Department of Education, 120, 126, 136, 283, 285
Department of Energy, 136
Department of Health and Human Services, 120, 124, 145
Department of Housing and Urban Development, 119–20, 122, 124–25, 127, 132–36, 163, 186, 283, 286, 287
Department of the Interior, 120
Department of Justice, 261, 273, 295
Department of Labor, 120, 283
Department of State, 230, 261
Department of Transportation, 120, 286, 287
Department of Treasury, 170, 258, 259, 261
Department of Veteran’s Affairs, 126, 188
Deregulation, 187, 201
Deukmejan, George, 144
Dewey, Thomas, 66
Diapers, 198
Dingell, John, 157
Direct Relief International, 141
Disaster relief, 136–40, 141–45
Discrimination, 184–85, 250–51
Dodd, Thomas, 154
Dolphins, 301–02
Dornan, Robert, 304, 305
Dornbusch, Rudiger, 39
Dresser Industries, 116
Drexel-Burnham-Lambert, 72
Dreyep, Robert, A., 194
Drugs
addiction, 224, 229
crime and, 224
war on, 154, 221–34, 258
war compared with War on Infidelity, 228
Dukakis, Michael, 64, 268
Dumping, 60, 62
Earth Island Institute, 292
EarthFirst! movement, 292
Earthquake
Armenian, 144, 334–38
California, 141–45
Mexican, 335
San Fernando Valley, 335
Eastern Airlines, 21–22, 26
Eastern Europe, 14, 15, 101, 107, 113, 138, 156, 201, 211, 215, 288, 314–15, 322, 329, 333, 338, 342–45, 368
Econometric Society, 67
Economic calculation, 122, 126, 128, 129–30, 132, 201, 212, 313, 326, 329, 336–37, 347–48; See also Price; Mises; Socialism
Economic Opportunity Act, 179
Economists
liberal and mainstream, 28–29, 31, 36–38, 44–45, 48, 200, 311, 337
Education, 238–43, 286
Edwards, Donald, 144
Efron, Bradley, 65
Egalitarianism, 219, 361
Egypt, 334
Ehrlich, Paul, 149
Eisenhower, Dwight D., 67
Ellul, Jacques, 278, 279
England, 34, 310, 365
common law in, 151–52
education in, 242–43
Enterprise Zones, 134
Entrepreneurs
and labor, 48, 266
and trash disposal, 199, 200
calculation by, 48–50, 265, 337
discovery by, 129–130, 242–43, 361
investment by, 49, 107
Environmental Protection Agency (EPA), 286, 298, 308, 316
Environmentalists
activities of, 139–40, 150–53, 190, 198, 248–49, 281, 284, 287, 289–312
anti-human, 138–39, 153, 312
economics and, 308–12
ethics, 149–50, 284
on oil spill, 148–50
Episcopal Church, Bishop’s Fund, 141
Equitable Life Assurance Society, 202
Erhard, Ludwig, 344
Estonia, 319
Ethiopia, 235–37, 335
and forecasting, 69
World Bank funding of, 112–13, 114, 115
European Central Bank, 34, 172
European Community, 34, 301, 308
European Currency Unit (ECU), 34, 262
Evangelicals, 276, 278
Exchange, mutually beneficial, 59, 278
Exchange rates, 33, 261–62
Export-Import Bank, 317
Exports, 55–56
Externalities, 36, 38–41, 200, 311–12
Exxon, 116, 148–153, 294–95
Fabians, 13
Farmer’s Home Administration, 194
Fascism, 13, 173
Faust, 98–101
Federal Bureau of Investigation (FBI), 214
Federal Deposit Insurance Corporation (FDIC), 81, 82, 91, 93
Federal Emergency Management Agency (FEMA), 136–37, 141–45
Federal Home Loan Board, 91
Federal Register, 188
Federal Reserve System, 47, 50, 79, 80, 83, 91, 93, 96–98, 101, 104, 108, 111, 172, 175, 231, 254, 255, 258, 282
Act of 1913, 82
Federal Savings and Loan Insurance Corporation, 92–93
Federalist, The, 155
Feed the Children, 141
Fees, user, 88
Feudalism, 295, 347, 359
Financial markets, 47–50, 190, 254, 259–61, 344
Financial Times of London, 72, 260
Firearms Owners’ Protection Act of 1986, 157
Fischer, Stanley, 39
Fishing industry, 247–49, 301, 302
Fleming, Thomas, 371
Fluorocarbons, 151
Flynn, John T., 323, 325, 370
Foley, Thomas, 285
Ford, Henry, 294
Forecasting, 66–70
Foreign aid, 112–17, 325, 329, 334, 353
Foreman, David, 292
Forest Service, 152
Founding Fathers, 109–10, 127, 145, 147, 175, 286, 369
Franklin, Benjamin, 363
Free markets, 73, 86, 174, 187, 208, 262, 310, 327, 331, 345
Free riders, 35–41
Free speech, 244–46, 332
French Revolution, 319
Friedman, Jerome, 65
Friedman, Milton, 314
Friends of the Earth, 148, 292
Fukuyama, Francis, 331
Fur industry, 275–76, 301, 303
Gaia, 197, 290–91, 292
Galbraith, J.K., 38, 314, 351
Garbage; See Trash
Garbage Project, 197, 199
Garden of Eden, 290
Garn, Jake, 131
Garrett, Garet, 323
Gartner, Michael, 244
Gebert, Kostek, 340
General Accounting Office, 194, 215
Georgetown, 143
Ghana, 113
Gilder, George, 257
Gingrich, Newt, 125, 144
Ginsberg, Allan, 293
Gish, Lillian, 370
Glasnost, 319
Global warming, 151, 298–99, 307
Globalization, 257–62
Goethe, J.W. von, 98–101
Gold standard, 32, 94, 101–04, 261
Goodman, Paul, 373
Gorbachev, Mikhail, 38, 152, 182, 212, 289, 323–324, 349, 351, 353
Gosbank, 101–03
Government
the growth of, 169–74, 268, 288
the meaning of, 109, 111
Gramm-Rudman-Hollings Balanced Budget Amendment, 283
Great Depression, 24, 107, 317
Great Society, 120, 133, 159, 177, 178–82, 287, 305
Greed vs. need, 169
Greenhouse effect; See Global Warming
Greenmail, 71
Greens, 16, 311; See also Environmentalists
Greenspan, Alan, 83, 96
Gregory, Paul R., 39–40
Gross National Product, 189
Gun control, 153–58, 281
Act of 1968, 154
Gwartney, James, 41
Hall, Edwin Arthur, 157
Hall, Gus, 333, 334
Hamilton, Alexander, 370
Hammer, Armand, 147
Harding, Warren G., 24
Harley Davidson, 41
Harrington, Michael, 222
Hawthorne, Nathaniel, 372
Hayashi, Dennis W., 248
Hayek, F.A., 37–50, 105–08, 141, 167, 314, 320, 347
Haywood, Frances, 240
Hazlitt, Henry, 66, 175–76, 279
Heilbroner, Robert, 38
Heritage USA, 86
Heyne, Paul, 41
Higgs, Robert, 172
Higher Education Act, 179
Hillside Strangler, 124
Hiroshima, 371
Hitler, Adolph 365; See also Nazism
Hodsoll, Frank, 204, 206
Hollings, Ernest F., 142
Home Ownership for People Everywhere (HOPE), 286
Homesteading, 345–46
Hoover, Herbert 24
Hoppe, Hans-Hermann, 335–36
Hotelling, Harold, 63
Housing, 133–36
Humane Society, 274, 302
Humphrey, Hubert, 184
Hungary, 319, 320, 340
Hurricane
Hazel of 1954, 139
Hugo of 1989, 136–41
Hutt, William H., 269, 272
Huxley, Aldous, 294
IBM, 116
Iacocca, Lee, 56, 57
Icahn, Carl C., 72
Immigration, 216–20
German, 218
Haitian, 216, 217
Iran, 219
Vietnamese, 247–49
Imports, 55–57, 59–61
Incumbency, 186
Individualism, 121
Industrial Revolution, 149, 245
Inflation, 28–29, 35, 74–75, 95–97, 98–101, 102–03, 104–105, 109, 175–76, 253, 262, 343, 357
expectation of, 96
hyper-, 98, 100, 103
Ingersoll Rand, 116
Insider trading, 260
Insurance
government, 268–70, 277
private, 136–137, 250–51, 271
Interest rates, 92, 95–96
International Criminal Police Organization (Interpol), 258
International Finance Corporation, 113
International Monetary Fund (IMF), 33, 44, 85, 86, 114, 254
International Organization of Securities Commissions (IOSC), 260
International Trade Commission, 59–62
“Internationale,” 321
Interventionism, 28–29, 48–53, 73, 170, 173, 176, 190, 100, 365
Investment, 53–54, 270
foreign, 58
level of, 51–52
Iran-Contra Scandal, 180, 373
Iraq, subsidies to, 195
Iron Curtain, 328
Isolationism, 324, 363–68, 370–73
Israel, 363
Ivory, 310
Jackson, Jesse, 363
James, Ron, 293–94
Japan, 34, 51, 55, 58, 334, 364
Jaruzelski, General, 319
Jeffers, Robinson, 373
Jefferson, Thomas, 165, 171, 237, 286, 329, 368
Johns, Michael, 235
Johnson administration, 120, 125, 133, 160, 164, 178–82, 203, 280, 285–88
Johnson, Lyndon B., 125, 133, 160, 164, 178–81, 280, 287–88, 305
Johnson, Skip, 141
Jones Act, 247–49
Katuna, Michael, 139
Keating Five, 125
Kemp, Jack, 123, 132–36, 163, 164
Kennan, George F., 325
Kennedy, Edward, 18, 268, 283
Kennedy, John F., 369
Keynesianism, 27–35, 105–06, 120, 254, 282, 347
Kipling, Rudyard, 364
Kirk, Andrew, 276–77, 279
Kissinger, Henry, 370
Klaus, Vaclav, 314
Koch, Ilse, 275
Koop, C. Everett, 252
Korea, 115, 333
Krauthammer, Charles, 363–64
Kwanda, 116
Labor markets, 18–19, 265–72
Labrador Indians, 40
Ladd, Everett, 282
Lampe, Keith, 293
Landfills, 198, 200–01, 296
Latin America, 103
Law
antitrust, 330
concept of, 166–68
enforcement, 223
ex post facto, 185
legal tender, 108
moral, 52
natural, 166
Lee, Henry, 231, 232
Leland, Mickey, 235–37
Lenin, V.I., 277, 289, 290, 339
Lennon, Gered, 139
Lewis, C.S., 166
Lewis, Sinclair, 372
Liberalism
left-, 20, 42, 53, 159–64, 169, 184–86, 189, 198, 207, 332
classical, 187, 359–62
Libertarianism, 162, 166, 187, 217, 347, 351, 371, 372
Lichtenstein, Harvey, 206
Lindbergh, Charles, 370
Lippman, Walter, 281, 368
Lockheed Corp., 86
Logging, 149, 152
London Institute for Contemporary Christianity, 276–77
London School of Economics, 105
Lorenzo, Frank, 22
Los Angeles Times, 149
Lovelock, James, 290
Lowell, Robert, 372
Loyal Legion of Loggers and Lumbermen 24
McCabe, Katie, 303
McCarthy, Joseph, 315
McDonald’s, 274
McKibben, William, 291, 292
McKinley, Bill, 364
McNeil-Lehrer News Hour, 263
MacAuliff, Christa, 131
MacDonald, Dwight, 372
MacLeish, Archibald, 371
Madison, James, 155, 157
Mailer, Norman, 372
Malthus, Thomas, 114
Maltsev, Yuri, 314, 346–54
Mandated benefits, 267–72
Mao Tse-Tung, 277, 321
Mapplethorpe, Robert, 202–03, 288
Mariana, Juan de, 73, 74
Marine Mammal Protection Act, 302
Market failure, 36, 120
Marquand, John P., 372
Martino, Giulio, 97
Marx, Karl, 14, 46, 290, 339, 360
Marxists, 13, 101, 115, 167, 277, 289, 315, 331, 333, 340, 347; See also Socialism
Matthews, Christopher, 141, 144, 236
Mead, Walter Russell, 255
Media, 172, 174, 186, 202, 282, 303
Medicaid, 170, 179
Medicare, 179, 219
Melcher, John, 304
Melville, Herman, 373
Mencken, H.L., 323
Mendelsohn, Robert, 65
Menger, Carl, 106
Mengistu, Haile Mariam, 113, 235, 236, 335
Mephistopheles, 98–99
Mercado, Tomas de, 75
Mercantilism, 359
Meyer, Frank, 145, 146, 177, 178
Mexico, 334
Military economy, 211–16, 328, 332–34, 351, 368–69
Military-Industrial-Congressional-Complex (MICC), 213–16
Milken, Michael, 70–72
Miller, Sanford, 298
Miller, Vicki, 273
Minorities, 183–95
Mises, Ludwig von
as humanitarian, 237
Institute, 15, 135, 335, 346, 354
on bureaucracy, 120–21, 122, 126–27, 132
on business cycles, 105, 106–08
on capitalism, 15, 297
on freedom, 330, 359–62
on interventionism, 37, 173, 182, 200, 331
on law, 167
on markets, 58, 279, 347
on peace, 360–61
on socialism and planning, 13–14, 69, 122, 174, 212, 313–15, 318, 324, 326, 336, 345
on statistics, 68
on world government, 256
Mitterand, François, 46
Molina, Luis de, 75, 76
Monetarists, 31, 35, 95
Money market mutual funds, 92
Money
fiat, 108–10
honest, 102
supply of, 93–94, 95–97, 343
See also Gold Standard
Monsanto Corporation, 116
Montagnois Indians, 41
Morality and markets, 73, 77
Morgan, J.P., 306
Moyers, Bill, 181
Moynihan, Daniel P., 317
Muir, John, 291
Multilateral Investment Guarantee Agency (MIGA), 115
Murphy, Eddie, 124
Murray, Charles, 179, 181
Mussolini, Benito, 365
Nader, Ralph, 125, 149
Nagasaki, 371
Nash, Ronald, 73, 278, 279
National Aeronautics and Space Administration (NASA), 22, 127–32
National Education Association (NEA), 25, 136, 240, 285
National Endowment for the Arts (NEA), 201–07, 286
National Endowment for the Humanities (NEH), 203, 204, 205, 207
National Foundation for the Arts and Humanities, 179
National Review, 144, 146, 177, 255
National Security, 267
National Service, 263–67
National Taxpayers Union, 135
Nationalism, 128
Natural Resources Defense Council, 294, 297
Natural rights, 176
Navarrete, Fernandez, 74
Nazis, 13, 312, 314, 325–26, 327
and gun control, 155–57
Neoconservatism, 371
Ness, Eliot, 232
New Deal, 13, 24–25, 91, 159, 163, 178, 188, 305, 317, 322, 325, 372
New Economic Policy, 327
New Republic, The, 255, 280, 304
New York City Clearing House Association, 82
New York Stock Exchange, 47
New York Times, 72, 85, 112, 135, 189, 308
Newkirk, Ingrid, 272, 305
Nicaragua, 333, 369
Nisbet, Robert, 371
Niskanen, William, 188
Nixon, Richard, 133, 177, 306, 316
Nock, Albert Jay, 176, 177, 294, 323
Nomocracy, 167
Nomenklatura, American, 215
Norris, Kathleen, 372
Norris-LaGuardia Act 24
Novak, Michael, 73
Nunn, Sam, 263, 264
Oakeshott, Michael, 166–67
Old Right, 322–331, 370
O’Neill, Thomas P., 236
Operation California, 141
“Opinion Cartel,” 280–84
Opium, 225, 231
Oppenheimer, Franz, 121–22
Opportunity costs, 129
Orem, John, 303
Organization of Petroleum Exporting Countries (OPEC), 95
Ozone layer, 151, 299
Pacheco, Alex, 272, 273, 274, 305
Packard Commission, 215
Paganism, 273
Pakistan, 113
Paleoconservative, 371–72
Paleolibertarian, 227
Panama, 317
Pantheism, 273, 289, 290, 291, 292, 293
Parenti, Michael, 33
Parklands, national, 150, 151, 311–12
Patterson, Isabel, 237, 290
Paul, Ron, 135
Pearl Harbor, 365, 370, 371
Peel, Gary E., 246
Penn Fishing Tackle, 60–61
Pentagon, 126, 212, 215
People for the Ethical Treatment of Animals (PETA), 272–75, 302, 304–05
Perestroika, 319, 353
Permanent Subcommittee on Investigations (PSI), 259
Pesticides, 297–98
Philadelphia Institute of Contemporary Art, 202
Phnom Penh, 355–58
Pickens, T. Boone, 72
Pierce, Samuel, 119
Pilgrims, 294
Pilkey, Orrin H., 139
Planning, central, 69, 178, 180, 210–11, 309, 327, 336–38, 347; See also Socialism
Plant-closing legislation, 268, 271
Poison pills, 71
Poland, 319, 320, 340
Pol Pot, 235, 321, 354, 358
Police, 223
Politics
definition of, 187
Politicians
and scandals, 119, 284
Pollution, 310
Ponderosa Pine, 292–93
Population growth, 114
Postdam, 366
Potter, Ted, 206
Poverty
programs, 179–82
war on, 179–82, 222
Pozsgai, John, 296
Pravda, 323
Presidential powers, 145, 288
Prices
agricultural, 192–96
and supply of goods, 68
by gouging, 138
consumer, 96, 208
controls on, 138, 190, 192–93, 343–45
for roads, 207–11
for trash, 199
“just,” 75
of drugs, 225
role of, 14, 49–50, 106, 107, 152, 267, 270, 309, 313, 336–37, 346, 347–48, 350
Prisons, 234
Privatization; See Property
Production, 49, 270, 337
Profits, 48, 122, 265–66, 270, 348–49
Progressive Era, 177
Prohibition, alcohol, 231–34; See also Drug War
Propaganda, 275, 281–82
Property rights, 35–41, 45–46, 141, 152, 168, 175, 176, 183, 220
common property, 35, 41, 76
private, 15, 35–41, 44, 182–83, 220, 224, 276, 300, 309, 313, 330, 341, 345
Proposition 13, 144
Protectionism, 56–57, 61–62
Proudhon, Pierre Joseph, 182
Proxmire, William, 135
Public choice, 284
Public goods, 36, 39, 41, 213, 309–12
Puerto Rico, 245
Purdy, Patrick, 153, 157
Quayle, Dan, 141, 230
“Racial Justice,” 184
Ratajczak, Donald, 96
Rathje, William L. 197, 198, 296–97
Reagan administration, 31, 190, 200, 235, 267, 280, 285, 302
and deficits, 30
bureaucracies, 126, 133, 177, 204
conservatism of, 159–69
credit risk during, 80
internationalism of, 258, 261
on agricultural subsidies, 196
on arts subsidies, 203
on education, 239–40
on minimum wage 17, 20
and World Bank, 116
Reagan revolution, 159–63, 167–68, 187–89, 317, 332
Reagan, Ronald W., 132, 159–63, 168, 177, 196, 239, 258, 280, 285, 302, 332
Recession, 28–29
inevitability of, 97
of 1982, 66, 95
Recycling, 297
Red Cross, American, 141
Redistributionism, 182, 183, 222, 254, 270, 330
Regan, Donald, 31
Regulation, 45, 47–48, 50–51, 176, 187–88, 245, 253, 255, 259–61, 343, 359
Reign of Terror, 290
Religion, 242; See also Christianity
Republican party, 17–18, 119, 120, 125, 133, 145, 169, 207, 238, 280, 285, 286, 306, 308
Reynolds, Morgan, 23, 26–27
Richardson, Elliott, 308
RICO, 176, 273
Rifkind, Jeremy, 149
Rights, human, 177
Robbins, Lord Lionel, 105
Roberts, Paul Craig, 323, 340, 341–42
Robinson, Randall, 363
Rockefeller, David, 71, 116, 255
Rockwell, Llewellyn, H., 224
Rogers, Will, 128
Rohrabacher, Dana, 201, 206–07
Roosevelt administration, 82, 305, 371, 372
Roosevelt, Franklin D. 24, 31, 317, 365
Roosevelt, Theodore, 306
Rothbard, Murray N., 17, 24, 69, 83, 347, 371
on bank runs, 80, 82, 84
on environmentalism, 149, 295
Rousseau, Jean Jacques, 290, 362
Ruder, David, 48, 260
Ruffin, Roy J., 39, 40
Rule of Law, 165–68, 330, 341
Russell, Richard, 369
Russia; See Soviet Union
Salvation Army, 141
Samuelson, Paul, 38, 43, 311, 314, 351
San Francisco Examiner, 140, 292
Saturday Night Live, 137
Savings
level of, 51
private, 52–54, 92–93
Savings & Loan Industry, 88–94, 186, 188, 281, 283, 316
bankruptcy of, 92, 94, 126
creation of, 91
deregulation of, 91
Scholastics, 73–77
Schroeder, Pat, 135
Securities and Exchange Commission, 47–48, 72, 172, 260–261
Serrano, Andres, 201–02, 206, 288
Seybolt, Robert, 243
Shortages, 138
Shriver, Sargent, 180
Sider, Ronald, 276, 279
Siegal, Steve, 275
Sierra Club, 148–49, 292, 294
Simpson, Richard, 120–21
Singapore, 114–15
Singer, Fred S., 299
Slavery, 183, 265, 361
Smith, Adam, 76
Smith, Al, 181
Snow, Tony, 306
Sobran, Joseph, 305
Social democracy, 315
Social engineering, 178
Social justice, 167
Social sciences
compared with natural, 67–68
theory of obsolescence, 65
Social security, 190, 205, 219, 269, 286
Socialism, 46, 47, 113–14, 289–90
Christianity and, 77, 276–79
decline of, 13, 15, 152, 160, 318–21, 322, 326, 332–34, 347, 368, 369, 373
defense of, 14
dismantling of, 338–42, 342–46
failure of, 38, 122, 178, 200, 236, 314, 335–38
inevitability of, 173, 174
market, 37, 241, 349
response to Mises, 15
Society for the Prevention of Cruelty to Animals (SPCA), 302
Solidarity, 319
Solzhenitsyn, Alexander, 319
Soto, Domingo de, 76
Southern Carolina Coastal Council, 139
Soviet Academy of Sciences, 340
Soviet Union, 37–38, 195, 211, 215, 275, 322, 323–24, 327, 329, 332–33, 337, 340, 342–43, 346–54, 356
and monetary reform, 101, 104
IFC funding of, 113
and wheat purchases, 195
Space
exploration, 128–32
shuttle, 127, 131
Speakeasies, 232
Special interests, 86, 125, 127, 167, 170–71, 172, 173, 185–86, 213, 254, 255, 265, 283, 306, 310, 316
Speciesism, 274
Spending
federal, 53–54, 160, 190, 268, 283
Sputnik, 127
Stagflation, 104
Stalin, Joseph, 236, 289, 315, 321, 327, 365, 366
Statecraft, 282
Statistics
destruction of method, 63–65
economic, 55, 56
fallacies of, 56, 64–65, 349–50
monetary, 97
Statolatry, 314, 315, 318
Stern, William J., 215
Stiff, David, 134
Stillman, James, 81
Stock market, 48–50
and crash of 1987, 47, 66, 259
and crimes, 70, 259–61
drop of 1955, 67
See also Financial markets
Stone, Merlin, 290
Strategic Defense Initiative (SDI), 162–63, 169
Stroup, Richard, 41
Structure of production, 337–38
Subsidies
agriculture, 192–96
art, 201–07
education, 239
maritime, 247–49
to AIDS carriers, 251
Sudden Infant Death Syndrome, 303
Sugar, 194
Sunday, Billy, 231
Supply-side economics, 31, 41–45, 163
Supreme Court, U.S., 146, 244–46
Sweden, 315–16
Taft, Robert, 323, 324
Taft-Hawley Act, 25
Taiwan, 114
Tang, 129
Tanzania, 334
Tariffs, 57, 59–62
Taxes, 45, 54, 166, 167, 168–69, 172, 175, 187, 189, 191, 282, 327
and national service, 264–65
and Reform Act of 1986, 53
and World Bank, 112–13
and world government, 256
as bailouts for debt, 85–88, 93, 188, 316
business, 191
collectors of, 74, 166
for garbage collection, 197
global treaty on, 259
havens, 259
income, 41–43, 46, 282
international, 230
on money, 111
Tehran, 366
Teleocracy, 167, 168
Teodorico, King, 74
Thatcher, Margaret, 135
Theft, 174
Theresa, Mother, 43, 237
Third World, 14, 103, 198, 276, 367
and the World Bank, 114, 15
3M Corporation, 61, 62
Tiananmen Square, 320–21
Thornburgh, Richard, 295
Thornton, Mark, 225
Tocqueville, Alexis de, 327
Toronto Globe and Mail, 274
Torrington Company, 60, 61
Tower, John, 318
Trade, international, 55–59, 257, 326
Traditionalists, 162
Traffic congestion, 207–11
TransAfrica, 363
Transportation; See Traffic
Trans-Species Unlimited, 275
Trash, 197–201, 296–97, 312, 352–53
Tree huggers, 200
Triffin, Robert, 33
Trilateralism, 255, 308, 364
Trucking industry, 190
Truman, Harry, 25, 368, 371
Tucker, Brian, 335
Tucker, Robert, 150
Tuition tax credits, 238–41
Tupperware, 245–46
Turkey, 115
Underclass, 179
Underground economy, 165, 67
Unemployment, 348
compensation, 269
insurance, 277
Unions, 20–23, 25–27, 219, 268, 283
Uniroyal, 298
Unitarians, 290
United Nations, 230, 254, 258, 308
Urban Development Action Grant Programs (UDAGs), 133, 134
U.S.S.R.; See Soviet Union
USX Corporation, 57
V-E Day, 365
V-J Day, 365
Valdez, Alaska, 148–49
Value, subjective, 49, 73, 75, 76, 338
Victimhood, 168, 169, 184–86
Vidal, Gore, 372
Vietnam War, 280, 288, 333, 373
Vieira, Edwin, 25
Villard, Oswald Garrison, 370
Vincent de Paul Society, St., 141
Voluntarism, 141–42
Vonnegut, Kurt, 372
Voting Rights Act, 179
Vouchers, 238–41, 263–64
Wages
control of, 17–21, 24–25, 27, 190, 267, 277, 281, 283
determination of, 26, 75–76, 265–66, 269–72
Wagner Act, 24
Wall Street Journal, 101, 135, 144, 189, 314
Walters, Sir Alan, 35
War Powers Act, 145
War
of Independence, 110
on poverty, 164, 178–182, 221–22
on terrorism, 222
U.S. Civil, 23, 110, 183
See also Drug War; Vietnam
War
Warburton, Clark, 233
Warsaw Pact, 288, 323
Washington, George, 364
Washington Post, 72, 135, 236, 296
Washington Project for the Arts, 202–03
Washington Times, The, 306
Washingtonian, 303
Watt, James, 119
Wattenberg, Ben, 363
Watts, V. Orval, 328
Weaver, Paul, 188
Wedtech, 215
Weimar Republic, 98
Welfare state, 138, 168, 170–71, 173, 179–82, 192, 218, 227, 231, 253, 283, 285
Wetlands, 295–96
Wheeler, Burton K., 370
When God Was a Woman, 290
White, Harry Dexter, 32
White, Lynn Jr., 291
Whitman, Walt, 372
Wilczek, Mieczyslaw, 338–39
Wilde, Oscar, 19
Wilderness Society, 292
Will, George, 141, 144, 231, 232, 233
William Park Group, 47–48
Williams Act, 71
Williams, Harrison, 71
Williams, Walter, 171
Williams, William Appleman, 371
Wilson, Edmund, 372
Wilson, William R., 60
Wilson, Woodrow, 177, 308, 369
Wood, Robert E., 370
World Bank, 44, 85, 112–17, 254, 256
World Central Bank, 33, 34, 172
World government, 253–56, 257–62, 307–08
World Policy Institute, 255
World Relief Incorporated, 141
World War I, 23, 25
World War II, 25, 33–34, 44, 320
Wright, Jim, 318
Wright, Robert, 304–05
Xenophobia, 58
Yalta, 366
Yates, Sidney, 206
Yellowstone National Park, 151, 294
Yeltsin, Boris, 352
Yippie Party, 293
Zambia, 113, 116
Zero-sum game, 278
Zimbabwe, 113, 310
