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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

Trump’s Protectionist Follies Threaten a Trade War

President Donald Trump has announced the planned imposition of a new, 25 percent tariff on imported steel and a 10 percent tariff on foreign made aluminum entering the United States. This has brought about threats of trade retaliation by ...

Public Goods, National Defense, and Central Planning

The competitive market economy is a powerful institutional mechanism for bringing human ingenuity, energy and creativity to bear to improve both the material and cultural circumstances of multitudes of people around the world. Wherever relatively free market capitalism is ...

Progressive Totalitarians and Nativist Nationalists in Our Midst

America seems to be an increasingly politically polarized society. Those on the “progressive” political left often seem livid in their hatred and fear of anything and anyone who they label as being on the Republican or “conservative” side of ...

Freedom and the Minimum Wage

Most of us both value and take for granted the ability to make decisions about our own lives. When busybodies put their noses and their mouths into our personal affairs, we often say or at least think, “Mind your ...

The Debt Ceiling Hysteria and Profligate Government

Once again, the financial fears have been ratcheted up due to recent announcements by the U.S. Treasury Secretary, Steven Mnuchin, and the Congressional Budget Office (CBO) that by the middle of March 2018 the Federal government ...

Government Shutdowns, If Only It was True!

The media once more has been agog with the terror and fear of the government shutdown that occurred following the failure of the Congress to pass another stop-gap spending bill, when federal spending approval officially ran out at one ...

Liberty, Law and the Market Economy

The history of liberty and prosperity is inseparable from the practice of free enterprise and respect for the rule of law. Both are products of the spirit of classical liberalism. But a correct understanding of free enterprise, the rule ...

State of the Nation: Progressives, Conservatives, and Trump

Anyone reading the news and especially the political “liberal” and conservative commentaries might easily conclude that he is living in a world of two parallel political universes. It is as if modern American liberals and conservatives are, respectively, occupying ...

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 brought ...