A review of James Ledbetter, Unwarranted Influence: Dwight D. Eisenhower and the Military-Industrial Complex. New Haven and London: Yale University Press, 2011. 268 pp. $26.00. On January 17, 1961, President Dwight D. Eisenhower gave his final presidential speech, which turned out to be his most memorable by virtue of this warning: “In the councils…
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Tag: William Proxmire
Robert Higgs | Monday March 21, 2011 at 8:45 AM PDT
David Beito | Wednesday February 24, 2010 at 1:26 PM PST
After Ron Paul raised questions about possible past Federal Reserve misdeeds including allegations of involvement in Watergate payoffs, Ben Bernanke answered smugly: “These specific allegations you’ve made, I think are absolutely bizarre.” The crowd reflexively laughed at Dr. No’s perceived looniness and pundits have already depicted his concerns as “wild” and “odd.” Well, it…
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