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Robert Higgs

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The Two Great Classes in Contemporary America

Angelo M. Codevilla, professor emeritus of international relations at Boston University, has written an extraordinary essay for the July/August issue of The American Spectator. It’s called “America’s Ruling Class – And the Perils of Revolution,” but it deals much more

Will Oil Drilling Become a Pipe Dream?

If President Obama’s Oval Office speech made one thing clear, it is that his administration and the activists who back it view the Gulf oil spill as simply an opportunity to advance their pre-existing agenda–which has nothing to do with

Doom and Gloom: Which End, if Any, Is Near?

Some people have always occupied themselves in crying out that the end is near. This sort of thing has been going on for millennia. But lately, it seems to me, the volume of such doom-saying has risen markedly. Websites that

Billionaire Entrepreneur Complains of Regime Uncertainty

Speaking to CNBC in Las Vegas recently, Steve Wynn, the billionaire developer and operator of entertainment properties, said: “Washington is unpredictable these days. No one has any idea what’s next . . . the uncertainty of the business climate in

Economic Troubles and the Growth of Government

The current recession and, especially, the related financial panic in the fall of 2008 have given rise to an extraordinary surge in the U.S. government’s size, scope, and power. As I write, the financial panic has subsided, but the recession,

Nothing Outside the State

The health care legislation recently bulldozed through Congress is only the tip of the iceberg. With some 2,400 pages of dense legalese–with thousands of additional pages of regulations implementing the legislation still to be written–this huge statute puts government in