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).

IMF SDRs and The Illusion of Inflationary Prosperity

SDRs are simply a mechanism by which to increase global currencies to meet the demands of governments to spend more than they are able to either collect in taxes or borrow from domestic and international creditors. It is a way for governments to continue to live and spend beyond their means.

Free Market Capitalism Is Needed More Than Ever

Free Market Capitalism Is Needed More Than Ever

The famous New York Yankees baseball player and manager Yogi Berra is credited with the saying “It's déjà vu all over again.” He is also credited with claiming, “I really didn’t say everything I said.” Never were both of these truer than in our era of reborn defenses...

Abolish the Welfare State to Solve the National Debt Crisis

Abolish the Welfare State to Solve the National Debt Crisis

Why is it so difficult to win the case for freedom in modern American society? A variety of possible answers come to mind. The collectivists are more effective in appealing to people’s emotions. The interventionist-welfare-statist argument is easier to make than it is...

Capitalism and How Expectations Coordinate Markets

Capitalism and How Expectations Coordinate Markets

Open, competitive markets have a resilient capacity to successfully coordinate the actions of, now, billions of people around the world. With an amazing adaptability to changing circumstances, the actions and reactions of multitudes of suppliers and demanders are...

Capitalism, Diversity, Equality, and Pluralism

Capitalism, Diversity, Equality, and Pluralism

Freedom and the free society are once again under direct attack by those who espouse far-greater degrees of government control over people’s lives. Wrapping themselves in the cloak of progressivism, “social justice,” and liberation from oppression and discrimination,...

Capitalism vs. Democratic Socialism

Capitalism vs. Democratic Socialism

Indeed, democracy and freedom are frequently heralded as being synonyms. An important question, however, is, What do these concepts mean, and are they in fact synonymous?

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