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Milton Friedman

Walter E. Williams: There’s Nothing Free

Walter E. Williams, It was Nobel laureate economist Milton Friedman who made famous the adage, “There’s no such thing as a free lunch.” Professor Friedman could have added that there is a difference between something’s being free and something’s having a zero price. For example, people say that there’s free public education and there are

7 Conservative Classics Every American Should Read

Breitbart News, As the populist-conservative movement continues to grow and expand in the Age of President Trump, a new generation of energized voters and young people will do well to arm themselves with the intellectual firepower of the giants upon whose shoulders today’s movement rests. Here, then, are seven conservative classics that should be on

Study: Fracking Bumps The Economy

Aaron Bandler, A new study shows that hydraulic fracturing–more popularly known as fracking–is beneficial to the economy. The study, conducted by the University of Chicago’s Energy Policy Institute (EPIC), analyzed fracking’s impact in nine areas that are rich with shale gas, and determined that fracking increases the average household’s livelihood by a range of $1,300 to $1,900 a year, surpassing

How Close Are We to Fulfilling Milton Friedman’s Vision for U.S. Education?

Teresa Mull, Ten years ago today, Milton Friedman, the famed economist and Nobel laureate, died, leaving behind an oeuvre that has become the framework for free-market arguments, especially those made by school choice advocates. Our nation has made some great strides in fulfilling Friedman’s vision for education since his death, but how much further must

Trump and Intellectualism

Elliot Resnick, In a recent interview, conservative personality Ben Shapiro slammed Trump for – among other things – lacking a firm intellectual basis for his beliefs.  “Trump’s nationalism isn’t rooted in American philosophy,” he said. “It’s more of a gut-level kind of patriotism.” I agree.  But so what?  What’s wrong with “gut-level” patriotism?  Most American

Thomas Sowell: The University of Chicago’s bold stand against campus fascists

We have gotten so used to seeing college presidents and other academic “leaders” caving in to so many outrageous demands from little gangs of bullying students that it is a long overdue surprise to see a sign that at least one major university has shown some backbone. Dr. Robert J. Zimmer, president of the University

Is Personal Responsibility Obsolete?

Thomas Sowell, Among the many disturbing signs of our times are conservatives and libertarians of high intelligence and high principles who are advocating government programs that relieve people of the necessity of working to provide their own livelihoods. Generations ago, both religious people and socialists were agreed on the proposition that “he who does not

Do American Universities Discriminate Against Conservatives?

Emma Green, The Atlantic “I don’t think I can say it too strongly, but literally it just changed my life,” said a scholar, about reading the work of Ayn Rand. “It was like this awakening for me.” Different versions of this comment appear throughout Jon A. Shields and Joshua M. Dunn Sr.’s book on conservative

A Fresh Look at the Great Depression’s Causes and Effects

Jay Lehr, Ph.D., There have been many books written about the Great Depression, the longest and most devastating economic catastrophe in American history, but little consensus exists among scholars regarding what caused the depression, which started in 1929 and lasted until 1939. Scott Sumner, director of the Mercatus Center at George Mason University’s Program on

Obama’s Unacceptable Love Affair With Communism

David Limbaugh, Conservatives and other Obama critics are entitled to a big “I told you so,” after Obama’s stunning admission that he doesn’t believe there’s that much difference between communism and capitalism. Actually, it’s not that stunning to people paying attention. Many of us warned about Obama’s Marxist sympathies before he was first elected president,