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Dr Richard M. Ebeling

Dr Richard M. Ebeling

Dr. Richard M. Ebeling is Professor of Economics at Northwood University

Economics7 August 18<6 August 18

Some Confusions of Language in Economic Thought

Fifty years ago, in 1968, Austrian (and Austrian school) economist Friedrich A. Hayek published a monograph called The Confusion of Language in Political Thought [4]. Hayek…

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Politics26 July 18<22 July 18

Socialism, Like Dracula, Rises Again From the Grave

Many of us grew up watching movies about Dracula — Nosferatu, the Undead. Fearful of the sunlight that could burn him into cinders, Dracula…

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Free Trade10 July 18<8 July 18

Tariff Wars and the Fallacy of the Balance of Trade

The world may be on the brink of a series of trade wars between the United States and both the European Union and China….

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Economics29 June 18<24 June 18

Free Market Capitalism as the Antidote to the World’s Ills

In following the daily news events both in the United States and around the rest of the world, it is easy to get lost…

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Free Trade22 June 18<17 June 18

The Best Answer to Trump’s Tariffs: Free Trade

In the Bible it says, “He that is without sin among you, let him first cast a stone . . .” It also has…

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Economics7 June 18<3 June 18

The Myth that Central Banks Assure Economic Stability

The world has been plagued with periodic bouts of the economic rollercoaster of booms and busts, inflations and recessions, especially during the last one…

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Free Trade4 June 18<3 June 18

Tariff Walls and Trade Wars Equal Government Planning

Trade wars are dangerous and harmful policies for governments to pursue. They hurt consumers due to higher prices and fewer alternatives; they reduce competitive…

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Economics28 May 18<21 May 18

Monetary Fallacies and Inflationary Bubbles

Looking to the next few years ahead, is America and the world going to continue riding a wave of economic growth, improving standards of…

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Economics11 May 18<7 May 18

Karl Marx and Marxism at Two Hundred

A specter continues to haunt the world, the specter of Karl Marx. Two hundred years ago, on May 5, 1818, the father of twentieth…

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Ethics12 April 18<7 April 18

Reasons for Anti-Capitalism: Ignorance, Arrogance, and Envy

Why is the free enterprise or capitalist economic system so widely disliked, hated and opposed? Given the success of the competitive market economy to…

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