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Author » Richard M. Ebeling

Dr. Richard M. Ebeling is the 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).

Latest from Richard M. Ebeling

$1 Trillion Deficits and the Crisis of the Entitlement State

In case you have missed them since the early years of the Obama administration, the $1 trillion-a-year federal budget deficits are coming back, beginning with Uncle Sam’s new fiscal year for 2019, which starts on October 1, 2018. And ...

Economic Straight Talk: Free Trade Is Best, Not Trade Retaliation

Economic Straight Talk unmasks the economic fallacies behind many government policies, and explains the benefits from economic freedom — greater individual liberty that increases people’s freedom of choice and widens the free market competition ...

The Dangers of Totalitarian Planning, Past and Present

Liberty is a delicate idea and institution. While people say they want freedom, fight under the banner of freedom, and even sometimes die for its preservation and advancement, determining what it actually means to be free and to live ...

Some Confusions of Language in Economic Thought

Fifty years ago, in 1968, Austrian (and Austrian school) economist Friedrich A. Hayek published a monograph called The Confusion of Language in Political Thought. Hayek argued that the words we use and the meanings we give ...

Socialism, Like Dracula, Rises Again From the Grave

Many of us grew up watching movies about Dracula — Nosferatu, the Undead. Fearful of the sunlight that could burn him into cinders, Dracula lived in a coffin filled with his native Transylvanian soil by day, only to come ...

The Beautiful Philosophy of Liberalism

There has been a great paradox in the modern world. On the one hand, freedom and prosperity have replaced tyranny and poverty for tens, indeed for hundreds of millions of people around the world over the last two centuries. ...

When “Democracy” Becomes a Threat to Liberty

For most of the last three centuries, the ideas of liberty and democracy have been intertwined in the minds of both friends and foes of a free society. The substitution of absolute monarchies with governments representative of the voting choices ...

Tariff Wars and the Fallacy of the Balance of Trade

The world may be on the brink of a series of trade wars between the United States and both the European Union and China. All the parties say they don’t want this — though President has asserted that trade ...
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