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Lawrence W. Reed

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Hyperinflation.jpg

Did You Know about the Great Hyperinflation of the 17th Century? →

August 16, 2017

The oldest trick in the monetary book is cheating the people by debasing the coin or currency. It goes back at least as far as the Eighth Century B.C. when the Jewish prophet Isaiah chastised the Israelites for doing it.

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When Georgia Banned Football (Almost) →

August 15, 2017

I seriously doubt if God intends for politicians to fine or jail people who play football.

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Is There Hope for Freedom in Latin America? -- An Interview →

June 7, 2017

What we advocates of liberty have to point out and explain is that the more you rely on the state, the less secure you really are. 

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loggingtrain.jpg

The Log Tax is Hurting both Canadians and Americans →

May 15, 2017

Protectionism: you slap me, I poke you in the eye. Let’s rid ourselves of these senseless interventions as soon as we can, one way or the other.

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Can Brazil Save Latin America? →

May 4, 2017

As humorist P. J. O’Rourke explained it, “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” Brazilians are learning this by the millions.

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The Bad Manners of the Campus Left →

April 24, 2017

The increasing frenzy of the campus Left may be an indication that, in the words of Robert Tracinski in The Federalist, we are approaching “peak leftism.” I got a taste of it in Denver in April 2017.

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Government Funding Cheapens the Arts →

March 25, 2017

Welcome to the world of diffused costs and concentrated benefits, the welfare state’s primary means of propulsion. Take a little bit from a lot of people and give it to a few people whose votes and allegiance the perpetrators thereby purchase without ever spending a nickel of their own.

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The Heroism of Hacksaw Ridge →

February 25, 2017

Three cheers to the brave men and women who have fought in defensible wars for the right causes, such as liberty, self-determination, independence and security.

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Why Trade Restrictions Always Backfire →

January 22, 2017

Trade is a two-way street. Closing the door to imports closes the door to exports.

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Timeless Advice from Rudyard Kipling →

December 11, 2016

His politics were both good and not, but his personal advice is fantastic.

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What Human Action Means to Me and to FEE →

September 13, 2016

If only the world appreciated how he brilliantly and thoroughly demolished socialism nearly a century ago, millions of early deaths and untold misery could have been avoided in the decades since. Fifty Nobels would be insufficient to appropriately honor the man, but the world we know is hardly fair.

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Lenroot for VP? →

July 24, 2016

The best person might not be the pick of the nominee. It wasn’t in 1920.

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The True Meaning of Patriotism →

July 1, 2016

Freedom—understanding it, living it, teaching it, and supporting those who are educating others about its principles. That, my fellow Americans, is what patriotism should mean to each of us today.

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The Case Against Protectionism →

July 1, 2016

An oldie from 1980 but its principles still apply today.

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The Mania for Regulating People →

June 17, 2016

Justice George Sutherland on Private Rights and Government.

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Class Warfare and the Hero of Hickory Farms →

April 22, 2016

I’m reminded of the words of Tacitus some 2,000 years ago: “When men of talents are punished, authority is strengthened.”

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Three Great New York Democrats →

April 19, 2016

The Forgotten History of Classical Liberalism in the Empire State.

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Why Liberty is so Important →

December 14, 2015

Liberty is precious, rare, never guaranteed, and always threatened. It can be lost in a single generation if it’s not advanced and defended.

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The Speech Francis SHOULD Have Given →

September 24, 2015

This guy badly needs some basic Economics.

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The Slow-Motion Financial Suicide of the Roman Empire (w/ Marc Hyden) →

August 17, 2015

Rome fell to invaders in 476 AD, but who the real barbarians were is an open question. The Roman people who supported the welfare state and the politicians who administered it so weakened society that the Western Roman Empire fell like a ripe plum that year. Maybe the real barbarians were those Romans who had effectively committed a slow-motion financial suicide.

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Recent “Best of Web”

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The Latest on the Supreme Court's DEI Hire
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The Latest on the Supreme Court's DEI Hire
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Dumb as a box of rocks.

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Honored by the Left, Wrong on Everything
Mar 17, 2026
Honored by the Left, Wrong on Everything
Mar 17, 2026

Paul Ehrlich: Time and again, he predicted doom on the assumption that humanity is a plague on the Earth.

Mar 17, 2026
New York Times Retracts Story Due to Several Accuracies
Mar 16, 2026
New York Times Retracts Story Due to Several Accuracies
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The Babylon Bee reports that at publishing time, sources revealed that The New York Times had already fired one of its lead journalists for inadvertently reporting a true story.

Mar 16, 2026

Recent Quotes

Featured
Murphy on America
Feb 11, 2025
Murphy on America
Feb 11, 2025

“The true meaning of America, you ask? It’s in a Texas rodeo, in a policeman’s badge, in the sound of laughing children, in a political rally, in a newspaper. ... In all these things, and many more, you’ll find America. In all these things, you’ll find freedom. And freedom is what America means to the world. And to me” — Actor, poet, and the most decorated American of World War II, Audie Murphy.

Feb 11, 2025
Mill on Freedom
Feb 1, 2025
Mill on Freedom
Feb 1, 2025

“The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental and spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves than by compelling each to live as seems good to the rest.”

Feb 1, 2025
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023

“There’s nothing more frightening than a half-baked do-gooder who knows nothing of the world but takes it upon himself to tell the world what’s good for it — from his book, Musashi.

Mar 20, 2023

Recent Blogs

Featured
One Hundred Years Ago in Rome
Apr 4, 2026
One Hundred Years Ago in Rome
Apr 4, 2026

The line between sanity and mental illness is not stark and defined. It is blurry, so it’s not easy to tell when someone has crossed it.

Apr 4, 2026
William Henry Harrison: The Speech
Apr 3, 2026
William Henry Harrison: The Speech
Apr 3, 2026

As long as it was, it was largely boring and forgettable.

Apr 3, 2026
Eleanor Roosevelt on the Ten-Dollar Bill?
Apr 3, 2026
Eleanor Roosevelt on the Ten-Dollar Bill?
Apr 3, 2026

A proposal from more than a decade ago that fortunately went nowhere.

Apr 3, 2026