Richard M. Ebeling

Dr. Richard M. Ebeling is the recently appointed BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel. He was formerly professor of Economics at Northwood University, president of The Foundation for Economic Education (2003–2008), was the Ludwig von Mises Professor of Economics at Hillsdale College (1988–2003) in Hillsdale, Michigan, and served as vice president of academic affairs for The Future of Freedom Foundation (1989–2003).

Misunderstanding the Meaning of a “Monopoly”

As long as government secures and protects private property rights, enforces all contracts entered into voluntarily and through mutual agreement, and assures law and order under an impartial rule of law, “monopoly” as an economic or social problem is virtually non-existent. But introduce government intervention into the market system, and monopoly invariably becomes a social harm and an economic problem.

John Locke, American Individualism and The Declaration of Independence

John Locke, American Individualism and The Declaration of Independence

We owe to John Locke and those other thinkers complementary to his political philosophy of man, society and government all the freedom and prosperity that mankind has known and enjoyed over the last 300 years, beginning in Europe and North America and then spreading imperfectly to other parts of the world.

Free Market Money: On The Separation of Banking and State

Free Market Money: On The Separation of Banking and State

Government has been the cause of monetary disorder in our society. A free market in money and banking would be the solution to our “age of inflation.” Government central-planning of money has been tried and it has failed. It is now time for monetary freedom to be given a chance.

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The enemies of capitalism indicted the society of liberty; they distorted the reality of capitalism and its brilliant triumphs in freeing man from poverty; and they imbedded in the minds of many the conception of political entitlements that serve the power ends of political paternalists and which requires the plundering of the peaceful and productive members of society.

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