When the Supreme Court Stopped Economic Fascism in America

We Can Resist the Headlong March into Economic Tyranny

OCTOBER 01, 2005 by RICHARD EBELING

Seventy years ago, on May 27, 1935, the U.S. Supreme Court said no to economic fascism in America.The trend toward bigger and ever-moreintrusive government, unfortunately, was not stopped, but the case nonetheless was a significant event that at that time prevented the institutionalizing of a Mussolini-type corporativist system in America. (Correction: Contrary to a statement in this column, young men in the Civilian Conservation Corps were not compelled to join.)

Hurricane Katrina: Government versus the Private Sector

Wal-Mart and Home Depot Saved the Day in New Orleans

OCTOBER 01, 2005 by SHELDON RICHMAN

Wal-Mart Is Good for the Economy

The Major Criticisms of Wal-Mart Are Without Merit

OCTOBER 01, 2005 by JOHN SEMMENS

Ideologues who rant against Wal-Mart do not understand economics. In a market economy, success goes to those businesses that best and most efficiently serve consumer needs.

Income Mobility: Alive and Well

OCTOBER 01, 2005 by DAVID R. HENDERSON

Global Warming Is a Threat?

The Only Internally Consistent Picture Is One of a Very Modest Warming

OCTOBER 01, 2005 by PATRICK J. MICHAELS

Last December Naomi Oreskes, an associate professorof history at UCLA, published a WashingtonPost Outlook piece called Undeniable GlobalWarming. She asserted that the planet is warming(true), that increases in greenhouse gases have somethingto do with it (true), that several scientific societies holdthis view (true), that the remainder of the discussion isquibbling about the details, and that we must respondto the threats that global warming presents.

Taxing for Therapy

Proposition 63 Won't Improve Californians' Mental Health

OCTOBER 01, 2005 by THOMAS S. SZASZ

The Marxian credo, "From each according to hisabilities, to each according to his needs," is themoral foundation of the progressive tax policiesof modern capitalist societies. The psychiatric credo,"From each producer according to his income, to eachpsychiatric parasite according to his cunning," amplifiesthat creed and garbs it in the mantle of therapy.

Presidents and Poverty

Self-Reliance, Work, and Entrepreneurship Are the Best Antipoverty Program

OCTOBER 01, 2005 by LAWRENCE W. REED

Conventional wisdom holds that fighting povertyhas only lately been a concern of Americanpresidents, and that before Franklin Rooseveltit was hardly a concern at all. This stubborn errorpersists.

The Economic Policy of Machiavelli's Prince

Rulers Have Repeatedly Resorted to Plundering Their Own People

OCTOBER 01, 2005 by ROBERT HIGGS

Niccol Machiavelli, statesman and writer ofRenaissance Florence, got what countlesswriters have sought and only a few haveachieved: his name became immortal. It is known not somuch as a proper noun but as an adjective, and thatadjective is not one in which he could take great pride.

Australian Labor-Relations Sell-Out

Australian Labor-Relations Regulations Are Irrational, Contradictory, and Oppressive

OCTOBER 01, 2005 by CHARLES W. BAIRD

In mid-March, at the behest of the H.R. NichollsSociety, I traveled to several Australian cities speakingon the subject of the American labor market andthe lessons that it might have for labor-law reform inAustralia. Along the way I discovered that Australianlabor-relations regulations are much more irrational,contradictory, and oppressive even than our ownNational Labor Relations Act.