According to Jacob Hornberger, the United States in the 1890s was a nation with no income tax, no trade restrictions and no border issues. It was a country that truly enjoyed economic liberty which is one of the many aspects of freedom and one that is no longer applied in the United States today. Throughout his lecture, Hornberger cites the fundamental rights, created by Thomas Jefferson, on privileges given to the people that pre-exist the government, such as the right to live. His argument focuses on the fact that life is sustained through labor and the trades of goods and services; therefore, economic liberty is essential to the survival of the human species. He also criticizes the requirements that the United States imposes on those who want to specialize in a certain profession by stating that such requirement, along with others that influence an individual’s decision on who to trade with, violate the fundamental rights on which the United States was founded.
Jacob G. Hornberger
Jacob G. Hornberger is the founder and president of The Future of Freedom Foundation. He holds a B.A. in economics from Virginia Military Institute and a law degree from the University of Texas. He is formerly director of programs at The Foundation for Economic Education and his writings about freedom have appeared in the Washington Post, Charlotte Observer, La Prensa San Diego, El Nuevo Miami Herald, and many others.
The Austrian Economics and the Libertarian Ideal: The Nature and Meaning of Liberty Jacob G. Hornberger
Auditorio Friedrich A. Hayek
Universidad Francisco Marroquín
Guatemala, August 6, 2001
A New Media - UFM production. Copyright New Media/UFM, 2001 Video production: Pedro Pablo Quezada, D'Todo Producciones; digital production: New Media, UFM; encoding: Christian Van Der Henst; index: Inés Zuñiga; synopsis: Sebastian del Buey; synopsis reviser: Daphne Ortiz; GML: Fernando De León
This work is licensed under a Creative Commons 3.0 License Este trabajo ha sido registrado con una licencia Creative Commons 3.0
Contenido
Introduction
Lecture in Mexico City by Milton Friedman
What does freedom mean?
Freedom to choose
Economic liberty
Right to property
Is the United States opposed to the "application of liberal principles?"
Professionalism
Redistribution
War on drugs
The United States in 1890
No taxation on income
No trade restrictions
No borders
Discussion and questions
How do you find the right size of state?
Constitutional republic or democracy?
Doesn't drug abuse cause harmful effects?
What should countries with no tradition of liberty do?
How was it possible for the 16th ammendment to pass the Constitution and how did people react to it at that time?
When did the principle of liberty start to change in the United States?
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