What We Mean by Decentralization
Lew Rockwell writes on how to square universal rights with radical decentralism in politics and globalization in economics.
U.S. History
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Slavery, Profitability, and the Market Process
The authors of Time on the Cross rewrote the history of antebellum slavery and ushered in the cliometric revolution.
Portfolio Management of the Free Banks of Illinois: An Examination of Historical Allegations
The literature on free banking has sharply altered its focus in the last two decades.
Indians, the Colonials, and Lockean Theory
While studying colonial period business practices and property rights issues, for a business & finance history class, I read Carl Watner’
Largest Mass Execution in American History
I was particularly moved by this passage from Thomas DiLorenzo’s The Real Linc
What Lincoln Believed: The Values and Convictions of America’s Greatest President, by Michael Lind
Michael Lind’s study of Lincoln illustrates the old saying, "God protect me from my friends; from my enemies I can defend myself."
Fr. Coughlin and Friends
Thomas Woods writes on the famous Fr. Charles Coughlin, whose writing on money is wrongly admired by some even today.
Target: Private Enterprise
The Supreme Court overturned the guilty verdict against Arthur Andersen Company, writes William Anderson, but it came too late to save the firm.
6. The Great Depression, World War II, and American Prosperity, Part II
FDR’s stated New Deal purpose was to keep work weeks short and to extend minimum wages which were extremely high. But, production is what makes demand possible and what increases purchasing power, not federal mandates.
9. The American Presidency: Critical Episodes in Its Growth, Part I
No President should leave a citizen in doubt about his person or property. However, this original comforting view is contrasted with more modern theory of the Presidency in which Wilson held the President to be the “unifying force of the country”. He represents no constituency, but the “whole people”.
