Independent Review

Community newspaper.

Articles from Vol. 6, No. 4, Spring

An Ambivalent Legacy: Black Americans and the Political Economy of the New Deal
No group in America votes Democratic more than black Americans, who from Reconstruction until the Great Depression had clung just as tenaciously to the Republican Party. Historians usually regard the New Deal as the turning point in this political...
Can a Reparations Package Be a Bill of Attainder?
Aristotle once observed that to give money away is an easy matter and in any man's power, but to decide to whom to give it, for what purpose and how, is neither in every man's power nor an easy matter. --Justice Oaks, Lamont v. Woods (1) Everybody,...
For-Profit Schools Are Making a Comeback
Private for-profit schooling has grown rapidly in the United States in recent years. In many respects, this development marks the revival of a form of delivery of educational services that has existed for several millennia. In this article, we review...
Health and Human Services "Privacy" Standards: The Coming Destruction of American Medical Privacy
Federal privacy regulations issued by the Clinton administration on December 28, 2000, and adopted by the Bush administration on April 14, 2001, perpetrate a fraud on the American people, proclaiming privacy as their goal when ever-wider access to...
Now More Than Ever, Your Vote Doesn't Matter. (Political Arithmetic)
Public-choice scholars have long argued that voting is instrumentally irrational because the probability that a single vote will change the outcome of an election is nearly zero. Dennis Mueller made the point well when he noted that "the probability...
Richard T. Ely: Paladin of the Welfare-Warfare State. (Cameo)
During the 1880s and 1890s, bright young graduate students in history and the social sciences went to Germany, the home of the Ph.D. degree, to obtain their doctorates. Almost to a man, they returned to the United States to teach in colleges and in...
State Lotteries: Advocating a Social Ill for the Social Good. (Reflections)
Fifty years ago, anyone caught "playing the numbers" might be in serious trouble with the law. At that time, the government acted as if protecting citizens from the evils of gambling was one of its inherent responsibilities. Today, Americans legally...
The Stakeholder Concept of Corporate Control Is Illogical and Impractical
Existing criticisms of the stakeholder concept of corporate governance, centering on the threat to private-property rights that it poses and the distortion of traditional notions of accountability in the firm that it entails, are highly persuasive...