Sheldon Richman

Sheldon Richman is the former editor of The Freeman and TheFreemanOnline.org, and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families.

Related Freeman Articles

The Goal is Freedom

Financial Regulation and the “Money Power”

Insiders will benefit most

SEPTEMBER 28, 2012 by SHELDON RICHMAN

We hear fierce denunciations of what is called the "money power." It is spoken of as mighty, demoniacal, dangerous, and schemes are proposed for mastering it which are futile and ridiculous, if it is what it is said to be. Every one of these schemes only opens chances for money-jobbers and financial wreckers to operate upon brokerages and differences while making legitimate finance hazardous and expensive, thereby adding to the cost of commercial operations.

Article

Financial Regulation and the "Money Power"

Insiders will benefit most.

SEPTEMBER 28, 2012 by SHELDON RICHMAN

"Every one of these schemes only opens chances for money-jobbers and financial wreckers."

Article

The Constitution or Liberty

Context is crucial.

SEPTEMBER 21, 2012 by SHELDON RICHMAN

Alas, in the eyes of at least some framers, Article I, Section 8, did not exhaust the national government's powers.

Article

Austrian Exploitation Theory

Marx had no monopoly.

SEPTEMBER 14, 2012 by SHELDON RICHMAN

The Austrian economist who refuted Marx's exploitation theory had one of his own.

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The Importance of Subjectivism in Economics

The double inequality of value.

SEPTEMBER 07, 2012 by SHELDON RICHMAN

For an exchange to take place, the two parties must assess the items traded differently, with each party preferring what he is to receive to what he is to give up.

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Individualism, Collectivism, and Other Murky Labels

Words matter.

AUGUST 31, 2012 by SHELDON RICHMAN

It behooves us to make sure our labels communicate clearly. Otherwise we will never bring the mass of people to the cause of liberty.

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Bastiat Misread

When will the critics read with both eyes open?

AUGUST 24, 2012 by SHELDON RICHMAN

When a fan of Bastiat's sees the broken-window fallacy in government "stimulus" spending, she is on the firmest of ground.

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CURRENT ISSUE

July/August 2014

The United States' corporate tax burden is the highest in the world, but innovators will always find a way to duck away from Uncle Sam's reach. Doug Bandow explains how those with the means are renouncing their citizenship in increasing numbers, while J. Dayne Girard describes the innovative use of freeports to shield wealth from the myriad taxes and duties imposed on it as it moves around the world. Of course the politicians brand all of these people unpatriotic, hoping you won't think too hard about the difference between the usual crony-capitalist suspects and the global creative elite that have done so much to improve our lives. In a special tech section, Joseph Diedrich, Thomas Bogle, and Matthew McCaffrey look at various ways these innovators add value to our lives--even in ways they probably never expected.
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