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.

Society Is Not a Family, Government Is Not a Parent

Society Is Not a Family, Government Is Not a Parent

The fact is, “society” is ultimately made up of individuals who, over centuries of slow and truly enlightened thought and controversy, have come to be considered to possess certain inherent and unalienable rights to life, liberty, and honestly acquired property under an appropriate system of an impartial and unbiased rule of law.

Government Monopoly Money vs. Personal Choice in Currency

Government Monopoly Money vs. Personal Choice in Currency

Greater monetary freedom would not only give every citizen a legal right to protect and secure his income, wealth and market transactions from abusive mismanagement of the government’s monopoly monetary printing press. It could also serve as a check on the degree of such government abuse.

Socialism: Marking a Century of Death and Destruction

Socialism: Marking a Century of Death and Destruction

Everything the Marxists said about capitalism – exploitation of the many by a privileged few; a gross inequality of wealth and opportunity simply due to an artificial arrangement of control over the means of production; a manipulation of reality to make slavery seem as if it meant freedom – was, in fact, the nature and essence, of Soviet socialism.

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