Economics 330 Comparative Economic Systems Spring 2012 Class Time: TR 9:25-10:40 BCTR 320 Professor: Dr
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Books, Documents, Speeches & Films to Read Or
Books, Documents, Speeches & Films to Read or See Roger Ream, Fund for American Studies Email: [email protected], Website: www.tfas.org Video: http://www.youtube.com/watch?v=0FB0EhPM_M4 American documents & speeches: Declaration of Independence The Constitution Federalist Papers The Anti-Federalist Washington’s Farewell Address Jefferson 2nd Inaugural Address Gettysburg Address Give Me Liberty or Give Me Death speech of Patrick Henry Ronald Reagan’s Time for Choosing speech (1964) Barry Goldwater’s Acceptance Speech to the 1964 Republican Convention First Principles The Law, Frederic Bastiat A Conflict of Visions, Thomas Sowell Libertarianism: A Reader, David Boaz Libertarianism: A Primer, David Boaz Liberty & Tyranny, Mark Levin Anarchy, State and Utopia, Robert Nozick The Constitution of Liberty, F.A. Hayek Conscience of a Conservative, Barry Goldwater What It Means to Be a Libertarian, Charles Murray Capitalism and Freedom, Milton Friedman Free Market Economics Economics in One Lesson, Henry Hazlitt Eat the Rich, P.J. O’Rourke Common Sense Economics: What Everyone Should Know about Wealth & Prosperity: James Gwartney, Richard Stroup and Dwight Lee Free to Choose, Milton Friedman Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith Capitalism, Socialism & Democracy, Joseph Schumpeter Basic Economics: A Citizen’s Guide to the Economy, Thomas Sowell Human Action, Ludwig von Mises Principles of Economics, Carl Menger Myths of Rich and Poor, W. Michael Cox and Richard Alm The Economic Way of Thinking, 10th edition, Paul Heyne, Peter J. Boettke, David L. Prychitko Give Me a Break: How I Exposed Hucksters, Cheats and Scam Artists and Became the Scourge of the Liberal Media…, John Stossel Other books of importance: The Road to Serfdom, F.A. -
It's Raining Money It's Raining Money
2009_1_26.qxp 1/6/2009 5:54 PM Page 1 January 26, 2009 49145 $3.95 Goldberg: The New Deal’s Undeserved Reputation IT’S RAINING MONEY $3.95 04 Mark Steyn on the Obama Era 0 09128 49145 5 www.nationalreview.com base.qxp 1/5/2009 2:11 PM Page 1 15 ) 1 *% N &)3 GI toc.qxp 1/7/2009 1:51 PM Page 1 Contents JANUARY 26, 2009 | VOLUME LXI, NO. 1 | www.nationalreview.com GOLDBERG: The Shrine of FDR . p. 18 COVER STORY Page 26 Twelve Zeroes BOOKS, ARTS & MANNERS In Washington, some strange new Zimbabwean 40 WHERE THE BUCK STOPS by John R. Bolton unit seems to have been Presidential Command: introduced between the Power, Leadership, and the Making of Foreign Policy election and the inauguration: from Richard Nixon to No matter how many zeroes George W. Bush, by Peter W. Rodman you stick on the end, the next guy will always add a 45 FDR RECONSIDERED by Jonathan H. Adler couple more. Mark Steyn New Deal or Raw Deal? How FDR’s Economic Legacy Has Damaged THOMAS REIS America, by Burton Folsom Jr. ARTICLES 47 GOING GREAT GUNS 18 THE SHRINE OF FDR by Jonah Goldberg by Robert VerBruggen Why the Left worships there. Gun Control on Trial: Inside the Supreme Court 20 COURTS VS. LAW by Ramesh Ponnuru Battle over the Second Why you shouldn’t want an activist judiciary. Amendment, by Brian Doherty 22 AND GLOBAL WARMING TOO! by Jim Manzi Sorry, a gas tax won’t solve all our problems. -
The Theory of the Corporation by Norman Barry
MARCH 2003 The Theory of the Corporation by Norman Barry ver a topic of dispute for observers of share ownership provides. Free transfer of capitalism, the corporation has been shares, the main feature of corporate capi- undergoing increased scrutiny in the talism, produces that flexibility which is the Elight of current business scandals. While envy of other free enterprise forms. other forms of capitalist enterprise, such as The major problem is its apparent “privi- partnerships and single proprietorships, leges”; that is, it is claimed that the corpora- have avoided some of the wrath of socialist tion can do things that private individuals or agitators, the limited-liability corporation, business partnerships cannot do, and critics public or private, has had to endure the crit- argue that these advantages have to be paid icism of some market advocates as well as back to society. In other words, the corpora- socialists. Of course, now that most sensible tion operates under some kind of politically collectivists know that real socialism doesn’t granted license, which has to be earned. work, they have had to use a different intel- Business ethics starts from this assumption. lectual methodology to buttress their anti- Thus Thomas M. Jones wrote: “the corpora- capitalist predilections. They have chosen tion which acts in a socially responsible morality. This has turned out to be quite manner may simply be paying back society effective. Moral arguments are pretty much for the social costs of doing business, irrefutable, whereas economic ones can be costs for which firms rarely receive an subjected to some kinds of theoretical and invoice.”1 When he was secretary of labor empirical tests. -
Philosophical Foundations of Capitalism
Capitalism and Morality _________________________ Philosophical Foundations of Capitalism Edward W. Younkins Professor of Accountancy Wheeling Jesuit University The power of ideas is great. If we are to educate, persuade, and convert others to free-market thinking, we need to articulate, in structured form, the conceptual and moral foundations of free enterprise. We are obliged to expound a coherent and consistent body of principles that are in accord with reality and that properly reflect and explain capitalism. In other words, we must approach the idea of free enterprise from a philosophical point of view. The survival of free enterprise may be in jeopardy unless people understand its conceptual and moral foundations. Capitalism is a rational doctrine based on a clear understanding of man and society in which economics, politics, and morality (all parts of one inseparable truth) are found to be in harmony with one another. Capitalism as defined in this essay involves that set of economic arrangements that would exist in a society in which the state’s only function would be to prevent one person from using force or fraud against another person. The enclosed exhibit provides an example model or diagram of the conceptual foundations of capitalism that are consistent with the nature of man and the world. The development of a conceptual framework is a natural endeavor that is undertaken in most areas that have claims to be called scientific or based on real world conditions. Frameworks for thinking about reality have long been the basis for organized knowledge. Constructing a set of ideas about real world objects, events, and occurrences would serve as a framework for a realistic political and economic system. -
Ralph Raico: Champion of Authentic Liberalism Daniel P
State University of New York College at Buffalo - Buffalo State College Digital Commons at Buffalo State History Theses History and Social Studies Education 12-2012 Ralph Raico: Champion of Authentic Liberalism Daniel P. Stanford [email protected] Advisor Gary Marotta, Ph.D., Professor of History First Reader Gary Marotta, Ph.D., Professor of History Second Reader John D. Abromeit, Ph.D., Assistant Professor of History Department Chair Andrew D. Nicholls, Ph.D., Professor of History To learn more about the History and Social Studies Education Department and its educational programs, research, and resources, go to http://history.buffalostate.edu/. Recommended Citation Stanford, Daniel P., "Ralph Raico: Champion of Authentic Liberalism" (2012). History Theses. Paper 13. Follow this and additional works at: http://digitalcommons.buffalostate.edu/history_theses Part of the European History Commons, Intellectual History Commons, and the United States History Commons Ralph Raico: Champion of Authentic Liberalism by Daniel P. Stanford An Abstract of a Thesis in History Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Arts December 2012 College at Buffalo State University of New York Department of History 1 ABSTRACT OF THESIS Ralph Raico: Champion of Authentic Liberalism This paper explores the intellectual life and writings of Professor Emeritus in History at Buffalo State College, Ralph Raico. The central thesis seeks to portray Professor Raico as the great modern libertarian revisionist historian, and the great modern champion of historical, classical liberalism. More broadly, the work attempts to solidify Professor Raico’s reputation as a major figure in the modern American libertarian movement. Raico’s intellectual foundations are fully developed, beginning from grade school at Bronx High School of Science, to his attendance of Ludwig von Mises’s New York University seminar, to his P.h.D. -
John Dewey, Maria Montessori, and Objectivist Educational Philosophy During the Postwar Years
73 Historical Studies in Education / Revue d’histoire de l’éducation ARTICLES / ARTICLES “The Ayn Rand School for Tots”: John Dewey, Maria Montessori, and Objectivist Educational Philosophy during the Postwar Years Jason Reid ABSTRACT Objectivism, the libertarian philosophy established by Ayn Rand during the postwar years, has attracted a great deal of attention from philosophers, political scientists, economists, and English professors alike in recent years, but has not received much notice from historians with an interest in education. This article will address that problem by discussing how Rand and her followers established a philosophy of education during the 1960s and 1970s that was based, in part, on vilifying the so-called collectivist ideas of John Dewey and lionizing the so-called individualist ideas of Maria Montessori. Unfortunately, the narrative that emerged during this time seriously misrepresented the ideas of both Dewey and Montessori, resulting in a some- what distorted view of both educators. RÉSUMÉ L’objectivisme, philosophie libertaire conçue par Ayn Rand dans la période de l’après-guerre, a suscitée beaucoup d’attention de la part des philosophes, politologues, économistes et profes- seurs de littérature anglaise, mais rien de tel chez les historiens de l’éducation. Cet article cor- rige cette lacune, en montrant comment durant les années 1960 et 1970 Rand et ses partisans ont établi une philosophie de l’éducation qui s’appuyait, en partie, sur la diffamation des idées prétendues collectivistes de John Dewey et l’idolâtrie de l’individualisme de Maria Montessori. Malheureusement, leurs travaux ont donné une fausse image des idées de Dewey et Montessori et conséquemment ont déformé les théories ces deux éducateurs. -
Objectivist Calendar, P
TABLE OF CONTENTS VOLUME 1-JANUARY TO DECEMBER, 1962 Books: NINETY-THREE by Victor Hugo, reviewed by Ayn Rand. THE GIRL HUNTERS by Mickey Spillane, reviewed by Ayn Rand. January LA.D. Does man possess instincts?-by Nathaniel Branden. War and Peace-by Ayn Rand. Choose Your Issues-by Ayn Rand. "Through Your Most Grievous Fault" -by Ayn Rand. Books: PLANNED CHAOS by Ludwig von Mises, reviewed by Barbara Branden. November Intellectual Ammunition Department: Reason and Emotion - by Nathaniel Branden. Social Metaphysics-by Nathaniel Branden. The Crisis Over Berlin-by Alan Greenspan. Books: EAST MINUS WEST = ZERO by Werner Keller, reviewed by Edith Efron. February The Esthetic Vacuum of Our Age-by Ayn Rand. Women and the Industrial Revolution-by Robert Hessen. Antitrust: The Rule of Unreason-by Ayn Rand. Books: ECONOMICS IN ONE LESSON by Henry Hazlitt, reviewed by December Robert Hessen. LA.D. Ethical hedonism-by Leonard Peikoff. The Monument Builders-by Ayn Rand. LA.D. Individual rights versus society-by Nathaniel Branden. Books: THE ROOSEVELT MYTH by John T. Flynn, reviewed by LA.D. Property rights-by Nathaniel Branden. Barbara Branden. LA.D. The obligations of parents and children-by Nathaniel March Branden. "Have Gun, Wi/J Nudge"-by Ayn Rand. Books: PROSPERITY THROUGH FREEDOM by Lawrence Fertig, re VOLUME 2 -JANUARY TO DECEMBER, 1963 viewed by Edith Efron. LA.D. Capitalism and religion-by Barbara Branden. LA.D. The psychological meaning of man's "need" of approval January by Nathaniel Branden. Collectivized Ethics-by Ayn Rand. April "The Stolen Concept" -by Nathaniel Branden. LA.D. Capital punishment-by Nathaniel Branden. -
Materialist Discourse in Academia During the Age of Late Marxism
Materia!ist Discourse in Academia During the Age of Late Marxism Dario Ferndndez-Morera hronicling the last decades of the twentieth century, a future historian of C ideas (or "worker on cultural practices") might describe ours as the Age of Late Marxism, characterized by the plight of the socialist states created during the Age of High Marxism and by the concomitant institutionalizationof materialist discourse in American academia. 1 Some states have thrown out the Communist party, which has prudendy changed its name to "Democratic So- cialism" (the party of "Economic Democracy"). All have turned to the capi- talist West for economic aid and business investments (once dubbed tools of Western international exploitation). Cynicism regarding Marx's teachings had long existed even among the outwardly Marxist Nomenklatura-with the ex- ception of some members of the intelligentsia, who still hoped for a better and (always) future socialism which would salvage the (always) potentially benefic ideas of the founding father. But by the 1980s, Marx and his discourse had become the material of frequently scatological folkloric humor. In the West, "Socialist" and "Social Democratic" parties have fallen back on various forms of the capitalist Welfare State; and while still defending some socialist ideas, they have accepted fundamental capitalist structures and recon- sidered many economic assumptions of the Early Marxist Age. 2 Sweden, which had experimented with an advanced version of the Welfare State, suffers from an economic and cultural stagnation made more remarkable by the world's most humanely controlled citizenry's failure to achieve social contentment.3 In the once-socialist lands, intellectuals read subversive writers like Karl Popper, Gary Becker, Ludwig yon Mises, F. -
INTRODUCTION Art Lindsley, Phd
CHECK YOUR PREMISES: AYN RAND THROUGH A BIBLICAL LENS INTRODUCTION Art Lindsley, PhD Atlas Shrugged by Ayn Rand has been ranked as second only to the Bible as one of the most influential books in the lives of modern readers, and more than 30 million copies of her books have been sold. Nearly a million dollars in cash prizes have been awarded in essay contests encouraging high school and college students to read Rand’s novels, and increasingly universities are making her books required reading. Aside from Rand’s success, why would the Institute for Faith, Work & Economics (IFWE) show interest in reviewing the thoughts behind her works, given that she was a virulent atheist, despised Christianity along with the Bible, condemned any form of altruism, exalted selfishness, and used the dollar bill as her symbol? First, even if you have no intention of reading Rand – and her works are certainly not for everyone – it is at least worth knowing what she believed and how her beliefs compare and contrast with the Bible. Second, any work that appeals to so many people likely contains some truths worth investigating. For example, I have learned specific truths through reading atheist, New Age, and neo-pagan works, even though I reject their overarching worldview. We at IFWE believe in common grace, which means that every favor of whatever kind that this undeserving world enjoys originates from the hand of God. While it is true that unbelievers eventually twist truth, they nonetheless have some truth to twist. In other words, non-believers have both honey – created truth – and hemlock – truth twisted by the Fall. -
Berle and Means's the Modern Corporation and Private Property
Berle and Means’s The Modern Corporation and Private Property: The Military Roots of a Stakeholder Model of Corporate Governance Andrew Smith, Kevin D. Tennent & Jason Russell* ABSTRACT The Modern Corporation and Private Property by Adolf Berle and Gardiner Means (1932) remains one of the most cited works in management studies. Our paper shows that Berle and Means espoused a stakeholder theory of corporate governance that challenged the then- hegemonic idea that the sole purpose of a corporation is to create value for the shareholders. We argue that Berle and Means’s support for stakeholder theory can be associated with their earlier service in the U.S. military, an organization which then inculcated an ethos of public service in its members. Our paper, which is based on archival research in the Franklin Delano Roosevelt Presidential Library, seeks to relate changes in how U.S. military organizations have structured themselves with contemporaneous changes in the organization of private-sector firms. INTRODUCTION This paper will advance our understanding of the evolution of U.S. ideologies of corporate governance by examining the circumstances that surrounded the writing of The Modern Corporation and Private Property by Adolf Berle and Gardiner Means. Other researchers have argued that this influential book promoted “managerialism,” the philosophy of corporate governance that dominated U.S. business life from the 1930s to * Andrew Smith is a Senior Lecturer (Associate Professor) at the University of Liverpool Management School. Jason Russell is an Associate Professor of Labor and Policy Studies at SUNY Empire State College. Kevin Tennent is a Senior Lecturer (Associate Professor) at the University of York Management School in the UK. -
“Radicals for Capitalism
““RRAADDIICCAALLSS FFOORR CCAAPPIITTAALLIISSMM”” Ayn Rand and Youth During the 1960s ANDRINA TRAN DEPARTMENT OF HISTORY There is a fundamental conviction which some people never acquire, some hold only in their youth, and a few hold to the end of their days – the conviction that ideas matter. In one’s youth that conviction is experienced as a self-evident absolute, and one is unable fully to believe that there are people who do not share it. That ideas matter means that knowledge matters, that truth matters, that one’s mind matters. And the radiance of that certainty, in the process of growing up, is the best aspect of youth. –Ayn Rand CONTENTS Acknowledgements 2 INTRODUCTION 2 I THE QUIETEST REVOLUTION IN HISTORY 11 II MARKETING OBJECTIVISM 24 III THE THRILL OF TREASON 32 IV LIFE, LIBERTY, PROPERTY: Persuasion and the Draft 38 V LIBERTARIANS RISING 46 EPILOGUE: MEMORY & HISTORY 52 Bibliography 55 Appendix 61 1 ACKNOWLEDGEMENTS Even a paper pertaining to egoism could not have come into existence without the generous support of so many others. I would like to thank the Summer Undergraduate Research Fellowship Program, the Center for the Study of Representation at the Institute of Governmental Studies, and the Center for the Comparative Study of Right-Wing Movements for funding the various stages of my research. I am also especially grateful to Jeff Britting for guiding my exploration through the Ayn Rand Archives. Finally, I am forever indebted to Paula Fass for igniting my interest in youth history; David Hollinger, for his critical eye and boundless knowledge; and Jennifer Burns, for her intellectual inspiration and emotional encouragement. -
Myths Great Depression
Mackinac Center for Public Policy | Great Myths of the Great Depression 1 “HERBERT HOOVER believed government should play GREAT no role in the economy.” “GOVERNMENT PROGRAMS MYTHS helped lower unemployment by putting many Americans to work.” of the “FRANKLIN ROOSEVELT’S ‘New Deal’ saved America from the GREAT failure of free-market capitalism.” These and other DEPRESSION myths are dispelled This edition is a joint project of the Mackinac Center for Public Policy and the Foundation for Economic Education by the facts in this essay by economist Lawrence W. Reed Mackinac Center for Public Policy | Great Myths of the Great Depression 2 TO JAMES M. RODNEY a great friend of truth, character and liberty Great Myths of the Great Depression by Lawrence W. Reed. Original edition printed in 1981. This edition was printed in 2010 as a joint project of the Mackinac Center and the Foundation for Economic Education. Mackinac Center for Public Policy | Great Myths of the Great Depression 1 GREAT MYTHS of the GREAT DEPRESSION tudents today are often given a skewed account of the Great Depression of 1929-1941 that condemns free-market capitalism as the cause of, and promotes government intervention as the Ssolution to, the economic hardships of the era. In this essay based on a popular lecture, Mackinac Center for Public Policy President Lawrence W. Reed debunks the conventional view and traces the central role that poor government policy played in fostering this legendary catastrophe. INTRODUCTION four workers was out of a job at the Depression’s nadir, and ugly Many volumes have been written rumors of revolt simmered for the about the Great Depression of first time since the Civil War.