Index

AARP, 28–29

ABC World News Tonight, 20

abilities, 61–62, 77–78

Agricultural Adjustment Act of 1933, 73n43

alcohol prohibitions, 16

allocation of wealth, 45–47

Alm, Richard

Myths of Rich and Poor: Why We’re Better Off Than We Think, 68n37

American Revolution, 38

Aquinas, Thomas, 103

Aristotle

Politics, 30n12

Attkisson, Sharyl, 20

barter economy, 35

Bastiat, Frédéric, 31

Becker, J.

Hungry Ghosts: Mao’s Secret Famine, 32n16

Beethoven, Ludwig von, 50

Bell, Alexander Graham, 50

Birnbaum, Jeffrey H.

“The Road to Riches Is Called K Street—Lobbying Firms Hire More, Pay More, Charge More to Influence Government,” 29n9

blame, placing of, 13–14, 17–18

Bovard, James

The Fair Trade Fraud, How Congress Pillages the Consumer and Decimates American Competitiveness, 29n10

Brownfield, Derry, 21–22

“Silver, Gold and the IRS,” 22n5

Bruno, Giordano, 27

capitalism, 7, 84–85

Cato Institute, 106

CBS Evening News, 20

census bureau, 41–42

Center for Responsive Politics, 28–29n8

Chuang-tzu, 89

collectivized farming, 32, 97

communism, 83–86

Conquest, Robert

The Great Terror: Stalin’s Purge of the Thirties, 85n48

consequences, equalization of, 87–88

Continental Congress, 38

contributions, political, 28–29n8

Cosmides, Leda

“Evolutionary Psychology, Moral Heuristics, and the Law,” 90n52

Cox, W. Michael

Myths of Rich and Poor: Why We’re Better Off Than We Think, 68n37

Darwin, Charles

The Origin of Species, 89

Dawkins, Richard

The Blind Watchmaker: Why the Evidence of Evolution Reveals a Universe Without Design, 90n51

death taxes, 79–80

democracy, 27–32

“Diet, Nutrition and the Prevention of Chronic Diseases” (WHO), 67n35

difference principle, 78

DiRe, Elda, 55n29

division of labor, 35, 61–62

drug prohibitions, 16, 93–94

earnings, 53–55

earnings quintiles, 41–43, 45–47

economic equality, 45–47

Economic Freedom of the World: 2005 Annual Report, 45n25

Economic Freedom of the World: 2006 Annual Report, 68n39

economic inequality, 15–16, 41–44, 49–50, 51–52

education, 95–97

Edwards, Chris

“The Government and the Great Depression,” 73n43

employment

hiring and firing, 57–58

number of jobs, 63–67

prosperity and, 59–60, 65

relationships and, 76

voluntary vs. involuntary, 71

estate taxes, 79–80

famines, 32, 67–70, 97

farm subsidy, 29n11

farmers

collectivized farming, 32, 97

subsidies for, 29, 73

Farmers Weekly Report, 29

Fehr, Ernst

“Cooperation and Punishment in Public Goods Experiments,” 32n14

fiat money, 25–26, 37–38, 99–100

financial inequality, 15–16, 41–44, 49–50, 51–52

food, as resource, 67

Ford, Henry, 50

Fraser Institute, 45

Frazelle, Brian

“The Truth about Immigrants: Xenophobia Existed in Early America,” 63n32

Friedman, Milton, 9

Gachter, Simon

“Cooperation and Punishment in Public Goods Experiments,” 32n14

Galbraith, John Kenneth, 9, 43, 65

Galles, Gary

“Property and the First Thanksgiving,” 32n17

gasoline, cost of, 20–21

Gates, Bill, 50, 61–62, 104

German marks, 40

Germany, 18, 19–20

Gibson, Charlie, 20

“Global Food Trends,” 68n38

gold, 37–38, 40

Golden Rule, 23

gross domestic product, 86n49

groups, small vs. large, 23–24

Gwartney, James D., 45n25, 68n39

Hallberg, Milton

“U.S. Farm Policy: Are New Approaches Needed?” 67n36

Hanson, Wayne

“Tommy Thompson: America’s Health Care System will Collapse by 2013,” 95n55

Hardin, Garrett, 30n12

health care, 25–26, 94–95

home schooling, 95n56, 96

Hoppe, Hans-Hermann

Economic Science and the Austrian Method, 87n50

hunger, 32, 67–70, 97

hyperinflation, 40

immigrants, 63–64, 69–70

income quintiles, 41–43, 45–47

inequality, economic, 15–16, 41–44, 49–50, 51–52

inflation, 38, 40

inheritances, 12, 79–80

Internal Revenue Service, 17n3

intrusion in relationships, 75–76

invisible hand, 89

Jackson, Andrew, 106

Janofsky, Michael, 93n54

Jews, 18, 19–20

Johnson, Lyndon, 93

Jordan, Michael, 77–78

Kant, Immanuel, 7, 105

Keynes, John Maynard, 65

labor theory of value, 83, 86

labor unions, 28–31, 64

laws, 16, 65. See also regulations

Lawson, Robert A.

Economic Freedom of the World: 2005 Annual Report, 45n25

Economic Freedom of the World: 2006 Annual Report, 68n39

Levack, Brian

Witch-Hunt in Early Modern Europe, The, 85n47

liberty, defined, 105–06

lobbies, 28–29

Lovell, C.A. Knox

“The Role of Private Subsidiary Farming during the Soviet Seven-Year Plan, 1959–65,” 32n15

Malthus, Thomas Robert, 68

“The Principle of Population,” 69n40

Mao Tse-tung, 85n48

Marconi, Guglielmo, 50

marks, German, 40

marriage, 76

Marx, Karl, 7–8, 83–86

McIntyre, James Lewis

Giordano Bruno, 27n7

media, 20–21

Media Research Center

“Media Reality Check,” 20n4

medical care, 25–26, 94–95

Mencken, H.L., 81

methodological individualism, 91n53

Mexico, 63, 69–70

Mises, Ludwig von

Human Action, 91n53

money

compared to prosperity, 39–40

definition, 35–38

fiat, 25–26, 37–38, 99–100

Moore, Molly

“Old Money, New Money Flee France and Its Wealth Tax,” 99n60

Mother Teresa, 104

Murray, Charles

Losing Ground, 93

National Center for Policy Analysis, 66n34

natural rights, 31

natural selection, 89

news, 20–22

Nightly News, The20

Nixon, Richard, 93

Osterfeld, David

“Overpopulation: The Perennial Myth,” 69n42

Paine, Thomas, 105

Pilgrims, 32, 63

political contributions, 28–29n8

poor people, compared to rich, 13–14, 17–18, 41–44, 46

population growth, 68–69

poverty, 68–70, 93

Powell, Benjamin

“Pilgrims’ Real Thanksgiving Lesson, The,” 32n17

prices, values and, 21–22

principle of equal liberty, 78

profits, workers and, 19–22, 57–58

prohibitions on drugs and alcohol, 16

prosperity. See also wealth

compared to money, 39–40

division of labor and, 61–62

hindrances to, 30, 69–70, 100

jobs and, 59–60, 65

liberty and, 105–06

productivity and, 52

theft and, 71–73

quintiles, earnings, 41–43, 45–47

Rawls, John

A Theory of Justice, 55, 77–78, 104

Reagan, Ronald, 106

Rector, Robert

“Two Americas: One Rich, One Poor? Understanding Income Inequality in the United States,” 42n22

regulations, 27–30, 99, 100. See also laws

relationships between people, 75–76

religion, 28, 84–85

rent control laws, 16

reporters, 20–21

resentment, 13–14

resources, 67

rich people, compared to poor, 13–14, 17–18, 41–44, 46

Ridley, Matt

The Origins of Virtue: Human Instincts and the Evolution of Cooperation, 24n5

rights, active compared to passive, 31

Robinson, Daniel, 103–04

Great Ideas of Philosophy, 104

Roosevelt, Franklin, 73

Rudner, Lawrence M.

“Scholastic Achievement and Demographic Characteristics of Home School Students in 1998,” 96n59

Russell, Bertrand

“The Harm That Good Men Do,” 101

Salk, Jonas, 50

Satre, Jean-Paul, 14

Sawyer, Diane, 20

schools, 95–97

self-reliance, 18, 61–62, 87–88

Simon, Julius

Population Matters, 69

The State of Humanity, 41n21

slavery, 71, 81

Smith, Adam

The Wealth of Nations, 89

social engineering, 93–97

socialism, 7–8, 100. See also Marx, Karl

Solomon, Robert, 13–14

The Passions: Philosophy and the Intelligence of Emotions, 14n2

Soviet Empire, 7–8, 83–86

spontaneous order, 89–91

Stalin, Joseph, 85n48

State, The

consequences and, 87–88

future for, 99–101

health care and, 25–26

inheritances and, 79–80

regulations and, 30–31

social engineering and, 93–97

subsidies and, 73

violence and, 81–82

Stossel, John

“How Lack of Choice Cheats Our Kids Out of a Good Education,” 96n58

subjective theory of value, 83

subsidies, 16, 29, 73

tariffs, 29

taxes

death, 79–80

diminished prosperity and, 72

entrepreneurs and, 99

evasion of, 66

“free lunches” and, 25

on inheritances, 79–80

on luxury items, 27

teachers, public school, 96

technology, 50, 85–86

television reporters, 20–21

tenure policies, 65–66

Thanksgiving, 32n17

theft, 71–73

Thompson, Tommy, 95

Thoreau, Henry David, 89

Tooby, John

“Evolutionary Psychology, Moral Heuristics, and the Law,” 90n52

totalitarianism, 8, 83

trade, 34

“tragedy of commons,” 30–32

transfer of goods, 71

transfers of wealth, 12, 79–80

underground economy, 66

unions, labor, 28–29, 64, 96

University of Michigan, 42, 47

U.S. Treasury Department, 47

values, theories about, 83, 86

violence, 81–82

wages, 34

War on Drugs, 93–94

War on Poverty, 93

Washington Post, 29n9

wealth

abilities and, 77–78

compared to material possessions, 39–40, 103–04

economic inequality and, 41–43, 45–47

free markets and, 33–34, 49–50

Marxism and, 83–84

redistribution of, 53–55

transfers of, 12, 79–80

welfare, 90, 99–100

White, Matthew

“Selected Death Tolls for Wars, Massacres and Atrocities Before the 20th Century,” 85n46

Whitman, Glen

“Economic Myths and Reality,” Lecture #13, 42–43n23–24

workers. See also employment

free markets and, 34

hiring and firing, 57–58

limits on jobs, 63–66

profits and, 19–22, 57–58

workweeks, 65–66

Wright Brothers, 50

yachts, taxes on, 27