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The Dangers of Price Controls Oct 28, 2024

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SEPTEMBER 2024 | VOLUME 53, ISSUE 9
The Dangers of Price Controls
Henry Hazlitt and Brian Wesbury

The first issue of Imprimis, published in May 1972, featured an article titled “The Dangers of Price Controls” by Henry Hazlitt. The Federal Reserve back then was printing large amounts of money to fund massive government spending on Great Society programs launched during the presidency of Lyndon Johnson. As a result of printing so much money, the U.S. economy was suffering from rapid inflation. To address inflation, Federal Reserve Chair Arthur Burns and the Nixon administration dreamed up wage and price controls.
Today we face a similar situation. The Federal Reserve has been printing a lot of money to fund the huge expansion in the size and scope of government that took place during and after the Covid pandemic. In response to the resulting inflation and the political unrest that comes with it, Vice President Harris and others are promising to outlaw “price gouging”—in other words, to impose price controls—which will eventually lead to wage controls as well, since production and prices involve both in an intimate way.
Because economic truth remains the same today as it was 52 years ago, we are reprinting Henry Hazlitt’s article from 1972, but with edits and updates by Brian Wesbury that bring Hazlitt’s classic piece into today’s world.

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A Tale of Two Revolutions Oct 28, 2024

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Nathan Schlueter, professor of Philosophy and Religion at Hillsdale College, joins host Scot Bertram to discuss the differences between the American and French revolutions, growing intellectual movements critical of the American Revolution, and the importance of cultivating the virtue of statesmanship.

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A 20-minute podcast featuring professors, K-12 teachers, and friends of Hillsdale College, all speaking about classical education—what it is, why it’s still relevant today, and what makes it unique. Hosted by Scot Bertram.

Learn More About The Hillsdale College Podcast Network: https://podcast.hillsdale.edu

#podcast #conservative #christian #college #education

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Plato's Republic, Part Eleven Oct 25, 2024

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Dr. Larry P. Arnn, President of Hillsdale College, and Daniel O'Toole, assistant professor of politics at Hillsdale College, join Hugh Hewitt on the Hillsdale Dialogues to continue their series on Plato's Republic.

Release date: 25 October 2024

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Michael Waltz: Leadership and the Green Berets Oct 25, 2024

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Guests: Michael Waltz & Patricia R. Bart

Host Scot Bertram talks with Michael Waltz, congressman for Florida's sixth district and the first Green Beret elected to Congress, about how the mindset he honed in military service can help anyone conquer everyday challenges, and his new book Hard Truths: Think and Lead Like a Green Beret. And Patricia R. Bart, associate professor of English at Hillsdale College, continues an in-depth series on the history of the English language.

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American Citizenship and Its Decline: The Rise of Tribal Politics Oct 23, 2024

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On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss the source of tribal politics before introducing Dr.Victor Davis Hanson.

Citizenship is rare in human history but essential to free government. Today, the constitutional rule of citizens in America is threatened by a new form of government, unaccountable to the people, in which power is held by a ruling class that seeks to transform our society. In this eight-lecture course, students will examine the origins and history of citizenship in the West and the grave challenges American citizenship faces today.

Tribal politics is one of the most ancient and dangerous challenges to citizenship. The recent rise of identity politics in America breaks the bonds of common citizenship and divides Americans on the basis of superficial characteristics like race, gender, and sexual orientation.

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An Overview of Math at a Hillsdale K-12 School Oct 21, 2024

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Gwen Yarbrough, teacher support lead with the Hillsdale College K-12 Education Teacher Support Team, joins host Scot Bertram to discuss what it means to teach mathematics classically, what a healthy classroom looks like, and what material Hillsdale’s K-12 Office recommends.

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Plato's Republic, Part Ten Oct 18, 2024

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Daniel O'Toole, assistant professor of politics at Hillsdale College, joins Hugh Hewitt on the Hillsdale Dialogues to continue their series on Plato's Republic.

Release date: 18 October 2024

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The Genius of Rodgers and Hammerstein Oct 18, 2024

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Guests: Wilfred McClay & John Steele Gordon

Host Scot Bertram talks with Wilfred McClay, Victor Davis Hanson chair in Classical History and Western Civilization at Hillsdale College, about the importance of civic education in higher education and summarizes a report on the subject he wrote for the American Enterprise Institute. And John Steele Gordon, author, historian, and nephew of Oscar Hammerstein, gives a survey of how the duo of Rodgers and Hammerstein influenced the golden age of the Americanmusical.

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In Service to Hillsdale: Kerry Donovan Cummings, ‘77 Oct 17, 2024

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Kerry Donovan Cummings, ‘77, became the president of the Hillsdale College Alumni Association Board just two months before the COVID-19 pandemic. Learn how the 2024 Alumni Award recipient led during a very difficult time as well as how Hillsdale College has become a family affair for the Chicago area native.

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Informative. Inspirational. Uplifting. Those are the goals of the White and Blue podcast. We are here to tell the interesting stories of Hillsdale College alumni, who number more than 15,000 strong. Our guests will share about their time and experiences while on campus, and also the impact they have had on the world since graduating. What makes the Hillsdale College graduate unique? We will explore that question and more, including how alumni have impacted the past, present, and future of the College. Won’t you join us?

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American Citizenship and Its Decline: Illegal Immigration and the Loss of National Sovereignty Oct 16, 2024

Show notes

On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss Juan's journey to citizenship before introducing Victor Davis Hanson.

America’s founding principle of equality created an opportunity for people from all over the world—regardless of race or birth—to immigrate to the United States and become full citizens. This led to a system of immigration that proceeded according to established laws and required a willingness and ability to assimilate into American society. These criteria have been abandoned in favor of a system of widespread illegal immigration that erodes the rights of citizens.

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