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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

A Real Agenda for a Renewal of Free Market Liberalism

To mark its 175th birthday, the highly regarded and widely read British news magazine The Economist published a “manifesto” in its September 15, 2018, issue outlining its agenda for a renewed and relevant political and economic liberalism for the ...

Economic Straight Talk: The Contributions of Ludwig von Mises

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 ...

Macro Aggregates Hide the Real Market Processes at Work

For the 12 months that ended in July 2018, price inflation in the United States, as measured by the Consumer Price Index, was 2.9 percent. That is, a basket of goods that cost $100 in July 2017 increased in ...

The Market Democracy vs. Democratic Socialism

Warnings are frequently heard nowadays that democracy is currently under threat. And with a demise of democracy will come a loss of liberty. Indeed, democracy and freedom are frequently heralded as being synonyms. An important question, however, is, What ...

Interest Rates Need to Tell the Truth

In the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up interest rates and threatening economic growth in the United States. At the recent Jackson Hole, ...

Economic Armaments and China’s Global Ambitions

The world continues to move in potentially dangerous directions. A leading component of this threat is the use of economic armaments by governments to gain political and market advantages in their foreign relations with other countries. Among the leading ...

The Walter Lippmann Colloquium and the Meaning of Liberalism

The world has always been an uncertain place, and this is no less true today. After the collapse of communism in the 1990s, there was confidence that democracy had won and the market economy had shown its superiority to ...

$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 ...