FDR against the Bill of Rights
2024-01-05
In this week’s column, I’d like to raise two questions suggested by David Beito’s excellent book The New Deal’s War on the Bill of Rights, which I reviewed last week. First, how can it be that Franklin Roosevelt has acquired a reputation among leftist historians as a champion of liberty, with his internment of Japanese Americans during World War II regarded as an aberration, in the face of the manifold violations of civil liberties that occurred during his administration? Second, given Roosevelt’s authoritarian proclivities, why wasn’t he successful in imposing the complete regime of censorship he wanted?
The answer to the first question is that Roosevelt preferred in most cases to work behind the scenes, aiding and abetting others to do his work. We see this in the activities of Hugo
Exposing the Price Level Myth
2024-01-04
Price inflation statistics were a hot topic in 2023. Official measures, like the Personal Consumption Expenditures Price Index (PCE) and the Consumer Price Index (CPI), rose to levels not seen in over four decades.
These measures were under commentators’ microscopes as recently as last week. The FRED Blog (run by the St. Louis Fed) briefly discussed how these two measures are constructed and how they differ. Paul Krugman compared the change in the “core” versions of the PCE and CPI (which remove components like food and energy) over six- and twelve-month time intervals, respectively. The consensus view is that these measures have unique applications. According to Krugman, “which one you should choose depends on what question you’re trying to answer.”
But if you read Mises, you’ll see a
Time Is Running Out!
2023-12-30
YOUR GIFT WILL HELP US DO MORE IN 2024.
With your gift of $25 or more, you will receive a copy of Joe Salerno’s The Progressive Road to Socialism.
Recurring donors of $10 who give $100 will also receive a copy of The Progressive Road to Socialism and renew their Membership through 2024.
Donate today!