Richard M. Ebeling

The Real Meaning of Thanksgiving: The Triumph of Capitalism over Collectivism

In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.

A Declaration of Independence from Tyrannical Government

The “monkish ignorance and superstition” of today is the misplaced belief that the individual is to be sacrificed to the group, the collective, to the nation – as long as the banner under which it is done is called “democracy” or “social justice.”

Liberalism, True and False

This new “liberalism” of compulsive paternalism was and is, in fact, a false liberalism.

If America Were Totalitarian, Where Would You Want to Live?

Today, government gorges on trillions of dollars of tax money every year, and still has to borrow a trillion dollars a year on top of all that, which has created a huge national debt.

The Impossibility of Socialism

Socialism as a means for improving the condition of man is impossible.

Would You Abdicate If You Could Be the Dictator?

“If only I was dictator, I know how to set things right.”

Preferential Policies: An International Perspective by Thomas Sowell

Regardless of the reason or rationale, the social effect of affirmative-action policies is to politicize social relationships. And the consequences of this have been everything from systems of privilege and corruption to mob violence and civil war.

Can Capitalism Survive? 80 Years After Schumpeter’s Answer

Eighty years ago, in the midst of the Second World War, Austrian-born economist Joseph A. Schumpeter published one of his most famous books, Capitalism, Socialism, and Democracy (1942). A central question that he asked and tried to answer was, “Can Capitalism Survive?”

The Centenary of Ludwig Von Mises’s Critique of Socialism

Ludwig Von Mises’s devastating critique of why a socialist economic system must always be inferior to capitalism.

Ludwig von Mises’s Free Market Agenda for a Postwar Ukraine

Whether at least part of Ukraine survives as a free and independent country when this war ends, or whether that will have to wait until some time in the future, Ukrainians will have to plan for the reconstruction of their economy at some point in the future. The economic policy agenda for such a reconstruction is at least partly at hand, and can be found in the writings of the Austrian economist, Ludwig von Mises.

The Pilgrims Tried Socialism and It Failed

The desire of “spreading the wealth” and for government to plan and regulate people’s lives is as old as the utopian fantasy in Plato’s Republic.

Winning Freedom Requires Radical Laissez-Faire Capitalist Solutions

What passes for “deregulation” or market-based reform has limited connection with any call for a truly laissez-faire capitalist United States.

Remembering the Soviet Nightmare that Ended Thirty Years Ago

There is, today, a new chorus of voices once again calling for a socialist future of increased political paternalism and forms of centralized economic planning.

Why Today’s Young Generation Must Study The History of Socialism

It is vital for the history of socialism not to be forgotten by those fortunate enough not to live under its reality of terror, tyranny, and social disaster, less history tragically repeat itself.

What Economic Advice Would You Give to a Future King?

Carl Menger’s Free Market Advice to an Austrian Crown Prince

The Importance of Liberty and the Rhetorical Misuse of Freedom

Looking over that list of hundreds of branches of the federal government also makes clear the absurdity and total misinformation of those who daily insist that America is a wild land of unregulated “laissez-faire,” where anything goes, with government being some small, poor, and starved appendage to an “out-of-control” free market.