George Reisman

The Flagellation of the Pursuit of Happiness

Krugman and his ilk actually care nothing whatever for the welfare of the poor. For them the suffering of the poor is merely a weapon with which to beat down the aspirations and success of the rich, which alone can elevate the poor.

The Sorry State of Our Union

There is simply no way for a Congressman to read and understand the torrent of legislation that is proposed in every session of Congress. It is simply too vast.

Gasoline at 10 Cents a Gallon and Falling

Does gasoline at 10 cents a gallon and falling sound impossible in today’s world?

“Price Gouging” and The Price of Oil

Since 1976, because of environmental regulations, not a single additional oil refinery has been constructed in the United States.

The Affluent Society: John Kenneth Galbraith’s Neo-Feudalism

One must wonder if what Galbraith is really advocating is not simply state power as an end in itself and individual deprivation both as an end in itself and as a means of demonstrating the power of the state.

The Real Friends and Enemies of Wage Earners: An Intellectual Challenge to the Left

Labor unions do not even know how to raise real wages. All they are concerned with is raising the money wages and protecting the jobs of the members of their particular union.

Where Would General Motors Be Without the United Automobile Workers (UAW) Labor Union?

What the UAW has done, on the foundation of coercive, interventionist labor legislation, is bring a once-great company to its knees.

Offshoring and Balance of Trade Deficits

Offshoring has not resulted in a decline in the American economic system but just the opposite.

Immigration Plus Welfare State Equal Police State

The implementation of the rights both of the immigrants and of the taxpayers requires the abolition of the Welfare State.

Different Flag, Different Lyrics, But the Same Old Tune

Pointing guns at people in the name of some higher collective good, and prohibiting them from achieving their own good. That’s socialism. That’s environmentalism.

Collectivism, Climate Change, and Economic Freedom

The question of how to deal with climate change, in turn, is subsumed by the broader question of how should human beings deal with physical reality in meeting their needs and wants.

Environmentalists Are Trying to Frighten the Natives

An unjustified death-penalty verdict against modern Industrial Civilization and most of the human race.

Production Versus Consumption

There are two fundamental views of economic life which give rise to two systems of economic thought.

Debunking a Reported Defiance of Economic Law in South Korea

It’s sign of the corruption of our culture that today, businessmen feel the need to hide behind the mantle of corrupt ideology and pretend that what springs from their fundamentally life-giving self-interest comes instead from the government, the agency that can give only destruction and death.

In the U.S. Senate the Guilty Interrogate the Innocent

Environmentalism thus stands a very strong chance of ultimately reverting to the more traditional socialism of massive government construction and engineering projects.

Government Bureaucracy Prolongs Natural Disasters

Legislation suspending permitting requirements during the aftermath of disasters should be enacted well before the next one occurs.

Global Warming Bugaboo

The environmental movement maintains that science and technology cannot be relied upon to build a safe atomic power plant, to produce a pesticide that is safe, or even to bake a loaf of bread that is safe, if that loaf of bread contains chemical preservatives. When it...