Available Now! (click cover)

America's Counter-Revolution
The Constitution Revisited

From the back cover:

This book challenges the assumption that the Constitution was a landmark in the struggle for liberty. Instead, Sheldon Richman argues, it was the product of a counter-revolution, a setback for the radicalism represented by America’s break with the British empire. Drawing on careful, credible historical scholarship and contemporary political analysis, Richman suggests that this counter-revolution was the work of conservatives who sought a nation of “power, consequence, and grandeur.” America’s Counter-Revolution makes a persuasive case that the Constitution was a victory not for liberty but for the agendas and interests of a militaristic, aristocratic, privilege-seeking ruling class.

Friday, February 09, 2007

Health Hazard

Back in the days before America had an income tax (yes, son, I've read there really was such a time), proposals to impose the tax were met with warnings that it would be "inquisitorial." Opponents apparently didn't see its potential for manipulating behavior. But what more effective carrot and stick is there than an income tax?

... The tax system has no doubt distorted the medical industry along with lots of other things. But any piecemeal way out will surely introduce its own distortions by upsetting long-standing plans and depriving people of their money. The early critics were right: The income tax is poison to a society that values freedom and spontaneous order. We should have never gotten started with it.
Read the rest of this week's TGIF column at the Foundation for Economic Education website.

Cross-posted at Liberty & Power.

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