by Sennholz
[Title Page and Publication Details]: Title page, copyright information, and library cataloging data for the anthology. [Table of Contents]: A detailed list of the book's sections including First Principles, Education, Ideas and Policies, Politics, International Perspectives, and Charting the Course. [Preface]: Sennholz explains the origin of the 'Notes from FEE' as a cost-saving measure that became a teaching tool. He acknowledges his intellectual debt to Ludwig von Mises and the Austrian school of economics. [First Principles: Knowledge, Wisdom, and Morality]: This section defines the distinction between economic knowledge (means) and economic wisdom (ethical ends). Sennholz argues that true economic wisdom requires an ethical standard that shuns envy and political plunder, contrasting personal morality with the 'highwayman' morality often found in the body politic. [First Principles: The Welfare State and Diversity]: Sennholz discusses the self-destructive nature of the exploitation state and how the Information Age allows capital to escape national depredations. He critiques multiculturalism as an attack on Judeo-Christian values and explores the historical success of diversity under the rule of law versus modern political fragmentation. [First Principles: Social Harmony vs. Envy]: The author contrasts the 'conflict philosophy' of Marxism with the 'harmony of interests' found in the market order. He warns against the 'trough philosophy' of entitlement and advocates for an 'accountability philosophy' where individuals remain productive throughout their lives to benefit future generations. [Education and Indoctrination]: A critique of state-controlled education and the politicization of the clergy. Sennholz argues that public schools have become engines of statism and that movements like the Social Gospel and Liberation Theology mistakenly use political coercion to seek justice, ultimately breeding envy and violence. [Ideas and Policies: The Nature of Government and Power]: This section examines the mechanics of political power, including Machiavellian tactics, the rise of 'Underground Government' through off-budget enterprises, and the dangers of unlimited majority rule. Sennholz describes how inflation and debt are used as tools of political plunder. [Ideas and Policies: Economic Realities and Global Trade]: Sennholz analyzes specific policy failures, including the 'bubble economy' created by the Fed, the fallacies of protectionism, and the 'ruinous litigation' affecting healthcare. He also critiques environmental regulation (EPA) as a new form of central planning replacing failed socialism. [The Poverty of Politics]: A deep dive into the 'Poverty of Politics,' focusing on how special interests and the 'compassionate politician' create a system of legal plunder. It covers the specific failures of Social Security, the destructive nature of minimum wage laws for minorities, and the 'woeful' state of regulated banking. [Looking Abroad]: Sennholz surveys international economic conditions, critiquing the slow pace of Russian market reforms, the 'malaise' of the European welfare state, and the complexities of NAFTA. He concludes by 'counting blessings' in the U.S. compared to the stagnation seen in Canada and Europe. [Charting the Course]: The final section recounts the history of FEE, its founders, and its mission. Sennholz reflects on his tenure as President, the modernization of the foundation, and the continued necessity of spreading the 'freedom philosophy' to combat the persistent doctrines of welfarism. [Index]: Alphabetical index of subjects and names mentioned in the text. [About the Publisher]: Brief description of the Foundation for Economic Education (FEE) and contact details.
Title page, copyright information, and library cataloging data for the anthology.
Read full textA detailed list of the book's sections including First Principles, Education, Ideas and Policies, Politics, International Perspectives, and Charting the Course.
Read full textSennholz explains the origin of the 'Notes from FEE' as a cost-saving measure that became a teaching tool. He acknowledges his intellectual debt to Ludwig von Mises and the Austrian school of economics.
Read full textThis section defines the distinction between economic knowledge (means) and economic wisdom (ethical ends). Sennholz argues that true economic wisdom requires an ethical standard that shuns envy and political plunder, contrasting personal morality with the 'highwayman' morality often found in the body politic.
Read full textSennholz discusses the self-destructive nature of the exploitation state and how the Information Age allows capital to escape national depredations. He critiques multiculturalism as an attack on Judeo-Christian values and explores the historical success of diversity under the rule of law versus modern political fragmentation.
Read full textThe author contrasts the 'conflict philosophy' of Marxism with the 'harmony of interests' found in the market order. He warns against the 'trough philosophy' of entitlement and advocates for an 'accountability philosophy' where individuals remain productive throughout their lives to benefit future generations.
Read full textA critique of state-controlled education and the politicization of the clergy. Sennholz argues that public schools have become engines of statism and that movements like the Social Gospel and Liberation Theology mistakenly use political coercion to seek justice, ultimately breeding envy and violence.
Read full textThis section examines the mechanics of political power, including Machiavellian tactics, the rise of 'Underground Government' through off-budget enterprises, and the dangers of unlimited majority rule. Sennholz describes how inflation and debt are used as tools of political plunder.
Read full textSennholz analyzes specific policy failures, including the 'bubble economy' created by the Fed, the fallacies of protectionism, and the 'ruinous litigation' affecting healthcare. He also critiques environmental regulation (EPA) as a new form of central planning replacing failed socialism.
Read full textA deep dive into the 'Poverty of Politics,' focusing on how special interests and the 'compassionate politician' create a system of legal plunder. It covers the specific failures of Social Security, the destructive nature of minimum wage laws for minorities, and the 'woeful' state of regulated banking.
Read full textSennholz surveys international economic conditions, critiquing the slow pace of Russian market reforms, the 'malaise' of the European welfare state, and the complexities of NAFTA. He concludes by 'counting blessings' in the U.S. compared to the stagnation seen in Canada and Europe.
Read full textThe final section recounts the history of FEE, its founders, and its mission. Sennholz reflects on his tenure as President, the modernization of the foundation, and the continued necessity of spreading the 'freedom philosophy' to combat the persistent doctrines of welfarism.
Read full textAlphabetical index of subjects and names mentioned in the text.
Read full textBrief description of the Foundation for Economic Education (FEE) and contact details.
Read full text