U.S. History
Liberty and the New Left
Within the past year, all the news media--not only the little magazines and journals of opinion, but even the mass magazines and radio-and-televisi
Fortune and American “Idealism”
Since the days of Woodrow Wilson, American foreign policy has been conducted with a smug and self- righteous hypocrisy perhaps unmatched by any nat
The General Line
A new journal of opinion must justify its existence; our justification is a deep commitment to the liberty of man.
Review of Against Leviathan: Government Power and a Free Society, by Robert Higgs
Against Leviathan would be an excellent companion reader for any economics class that deals with policy, and especially a class on regulation and the relationship between government and business.
The “Confederate” Blockade of the South
It is important to note that the economic theory of war does not necessarily displace the historical explanations that rest on such factors as internal dissension, a failure of leadership or diplomacy
Review of A Perilous Progress: Economists and Public Purpose in Twentieth-Century America, by Michael A. Berstein
Every economist who regards himself or herself as a free-market theorist and advocate should acquire, read, and retain this paean to planning and interventionism as a valuable reference—especially if he or she is also a political libertarian.
Review of In Restraint of Trade: The Business Campaign Against Competition, 1918-1938 by Butler Shaffer
Butler Shaffer's well-written monograph, In Restraint of Trade, describes in extensive detail why and how most businessmen pleaded for the government to tame them between the end of World War I and the eve of World War II.
Review of Depression, War, and Cold War: Studies in Political Economy by Robert Higgs
This book is a collection of ten previously published essays that address some of the most important questions of twentieth-century America.
Review of Wages and Labor Markets in the United States, 1820-1860, by Robert A. Margo
Margo concludes what Austrian economists have surmised all along, namely that the rise in real wages during this period very closely approximated the rise in worker productivity.