Lewis E. Lehrman

Lewis E. Lehrman is a senior partner at L. E. Lehrman & Co. and chairman of the Lehrman Institute.

Get Smart

 

Smart Power: Between Diplomacy and WarBy Christian Whiton(Potomac Books, 304 pages, $29.95) Christian Whiton is a man with his country in mind. A shrewd patriot and a master of national security history, he is intent on a root-and-branch reform of America’s foreign policy. Indeed, he would not only renovate some of the current principles of […]

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Bubbles for the Rich, Welfare for the Poor

 

WHEN GOVERNMENT ECONOMISTS, academics, and the talking heads on bubblevision speak of “modest price inflation,” they know full well that the effects of the quantitative easing policies that they have advocated and implemented have not been fully expressed in America’s consumer price index (CPI). Rather, the best evidence of runaway inflation can be found, among […]

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The Lincoln Blueprint

 

Lincoln Unbound: How an Ambitious Young Railsplitter Saved the American Dream—and How We Can Do It Againby Rich Lowry(Broadside Books, 288 pages, $27) RICHARD LOWRY, editor-in chief of National Review, has written a Lincoln book to inspire a great awakening of the classical American dream. Lowry’s Lincoln Unbound brings America’s 16th president to life in […]

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The Demise of Money and Credit

 

LATELY WE HAVE BEEN engulfed by headlines reporting financial turmoil on every continent, in almost every nation, large and small. The commissars of central planning who so marred the history of the 20th century have been replaced by central banks in the 21st. In Cyprus, the new leadership now dares to confiscate citizens’ wealth with […]

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Money and Oil

 

“The problems that exist in the world today cannot be solved by the level of thinking that created them.” – Albert Einstein EVERY DAY WE WAKE UP hoping for good economic news: lower unemployment numbers, more jobs created, stronger growth. But we miss the forest for the trees. Our markets, for the past 100 years, […]

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A Road to Prosperity

 

Gold, a fundamental, metallic element of the earth’s constitution, exhibits unique properties that enabled it, during two millennia of market testing, to emerge as a universally accepted store of value and medium of exchange, not least because it could sustain purchasing power over the long run against a standard assortment of goods and services. Rarely […]

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Fight The Fiat

 

The Consequences of Disorder The Economic Crisis We Endure Today is only the latest chapter in the century-long struggle to restore financial order in world markets — a struggle whose outcome is inextricably bound up with U.S. prosperity and the promise of the American way of life. As we think through the consequences of financial […]

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Budget Collapse: Too Much Free Money

 

The super-committee of Congress is the latest group to confess abject defeat by the Treasury budget deficit. Who can be surprised by this total failure? During the past generation Congress has made as many as fifteen legislative attempts to control government spending — aimed ultimately at a balanced budget. The most notable efforts were those […]

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China: American Financial Colony or Mercantilist Predator?

 

China is an important trading partner of America. But it may also be a mortal threat. And not for the conventional reasons usually cited in the press. Ironically, it is a threat because China is in fact a financial colony of the United States, a colony subsidized and sustained by the pegged, undervalued, yuan-dollar exchange […]

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It’s Not the Debt Ceiling — It’s the Dollar

 

The missing issue of this President election is monetary policy — America’s need for a stable dollar. But massive Federal Reserve credit expansion, QE1 and QE2, has forced the volatile dollar down to such a depreciated level on the foreign exchanges that, absent QE3, a reversal of trend should appear with rising interest rates by […]

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