Tag: Books
Fascinating Questions from The Independent Review

The Spring 2013 issue of The Independent Review—the Independent Institute’s flagship scholarly journal, edited by Robert Higgs—is hot off the press. Below you’ll find links to articles and book reviews that address a host of intriguing questions: Why have domestic police agencies across the United States resorted increasingly to “no-knock” raids and other military-type…
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Armen Alchian (April 12, 1914 – February 19, 2013)

Arline Alchian Hoel reports that her father, Armen Alchian, “passed away peacefully in his sleep early this morning at his home in Los Angeles.” He was 98 years old. Armen Alchian was a major figure in the economics profession for more than half a century. At UCLA, where he spent his academic career as…
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Presidents’ Day

Presidents’ Day celebrates powerful executives as caricatured celebrities.

World War II Didn’t End the Great Depression

The notion that the Second World War is responsible for ending the Great Depression has met growing skepticism among economic historians, thanks in no small part to the work of Independent Institute Senior Fellow Robert Higgs. Beginning with an article that first appeared in the Journal of Economic History in 1992, Higgs has argued…
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Remembering James Buchanan

I was surprised to see James Buchanan characterized in the New York Times as “an austere man with a severe aspect that many students found intimidating.” I was never a student of his, but the James Buchanan I had the pleasure of getting to know as a guest at numerous meetings of the Mont…
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James M. Buchanan (October 3, 1919 – January 9, 2013)

James M. Buchanan, one of the past century’s most distinguished economists and most compelling champions of free markets, died earlier today at age 93. His professional career spanned more than sixty years, during which he wrote extensively on public finance, economic philosophy, and other topics in related areas. With Gordon Tullock, he founded a…
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Krugman Attacks Us

When Paul Krugman starts attacking us, we know we’re doing something right. John Maynard Keynes’s presumptive heir, Krugman apparently doesn’t like the findings of our recent book edited by Research Fellow David Beckworth, Boom & Bust Banking: The Causes and Cures of the Great Recession, exposing the profound fallacies of Lord Keynes’s love affair…
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Crisis and Leviathan, 25th Anniversary Edition

The Independent Institute is delighted to announce the publication of the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Independent Institute Senior Fellow Robert Higgs. First published in 1987, this classic work introduced to the reading public the notion that national crises—the Great Depression, the two…
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A Tale of Two Abolitionists

An excellent movie released six years ago, “Amazing Grace,” depicted the life of William Wilberforce and his ultimately successful efforts to abolish, first, the British Slave Trade in 1806, and then slavery throughout the English empire with the Slavery Abolition Act of 1833. He did so entirely peacefully, through the British parliamentary system. It…
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The Ethics of Democracy

“Democracy is two wolves and a sheep voting on what to have for dinner.”  That quotation, often (but probably incorrectly) attributed to Benjamin Franklin, sums up the ethics of democracy.  Democratic outcomes are used to justify a majority claiming the right to impose their will on the minority. To prevent the unethical exploitation of…
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