Categories
Today

Oil Deregulated

On Jan. 28, 1981, President Ronald Reagan lifted the federal government’s remaining domestic petroleum price and allocation controls in the United States, helping to end the 1970s energy crisis and begin the 1980s’ oil glut.

The deregulatory move had been begun by Democrats in Congress, particularly Sen. Ted Kennedy, but had been placed on a gradual schedule, and the whole effort clouded with talk of “windfall profits” and a tax on those allegedly unfair returns on investment.


On January 28, 1912, Belgian economist Gustave de Molinari died. Molinari was one of the last major economists of the French Liberal School, heir to Frederic Bastiat, and a prominent advocate of free trade. His last book, The Society of To-morrow (the only one of his many books to be translated into English in his day) envisioned a future of extremely limited government, and argued against the growing tide of socialism and war that was becoming all too apparent as the future of Europe.

Indeed, the old liberal order of Europe ended with the beginning of the Great War, exactly two and one half years after Molinari’s demise.

Categories
Today

American Conscription Ends

On Jan. 27, 1973, President Richard Nixon’s Secretary of Defense, Melvin R. Laird, announced an end to the military draft in favor of a system of voluntary enlistment. Since 1973, the United States armed forces have been known as the All-Volunteer Force.

The Selective Service System, the federal agency that would administer a military draft, continues to be funded, however. Furthermore, American males continue to be forced to register for the draft.

Categories
Today

Boris!

On January 26, 1992, Boris Yeltsin announced that Russia would stop targeting United States cities with nuclear weapons.

Categories
Today

Shays

On January 25, 1787, Shays’s Rebellion experienced its largest confrontation, outside the Springfield Armory, with four of the rebels dead, 20 wounded.

The rebellion was a key moment in United States history. Daniel Shays and his followers objected to Massachussetts’s high taxes and rampant cronyism. The revolt, which was completely suppressed, led to the adoption of the U.S. Constitution and drawing George Washington from his retirement.

Categories
Today

Beaumarchais

On January 24, 1732, French playwright, watchmaker, inventor, musician, diplomat, fugitive, spy, publisher, horticulturalist, arms dealer, satirist, financier, and revolutionary (both French and American) Pierre-Augustin Caron de Beaumarchais was born. He proved instrumental in securing armaments for the America Revolution, but remains best known for his three “Figaro” plays, Le Barbier de Séville, Le Mariage de Figaro and La Mère coupable. The plays remain memorable today chiefly for their operatic settings by Mozart and Rossini.

Beaumarchais died May 18, 1799.

Categories
Today

Stendhal

On January 23, 1783, journalist and novelist Marie-Henri Beyle, known by his pen name Stendhal (pictured above), was born. Stendhal was a follower of Destutt de Tracy and an attendant at the count’s salons. His most famous works include the novel The Red and the Black and a treatise on romantic love.

Stendhal died March 22, 1842.

On January 23, 1860, the Cobden–Chevalier Treaty was signed between France and Great Britain. The treaty was named after the two main proponents of the agreement, Richard Cobden (in England) and economist Michel Chevalier (in France). The treaty had been suggested the year earlier, in British Parliament, by Cobden’s colleague John Bright, who saw the measure as a peace measure, and an alternate to a military build-up.

Categories
Today

Kristol

On January 22, 1920, American neoconservative pundit and author Irving Kristol was born.

Categories
Today

Witness

On January 21, 1950, Alger Hiss was convicted of perjury, with Whittaker Chambers being the main witness in Hiss’s prosecution. Chambers confessed to having been a Soviet spy, and accused Hiss as an accomplice, which Hiss denied to his dying day. Chambers gave a fascinating account of all this in his bestselling memoir, Witness.

Categories
Today

Lysander Spooner

On January 19, 1808, Lysander Spooner was born.

Spooner’s achievements in American life, law, and political philosophy, are among the most colorful of the 19th century. Studying law privately, he sued to practice without joining the bar, and won the suit. He set up a postal service that directly competed with the United States Postal Service, delivering mail at a fraction of the cost. He wrote The Unconstitutionality of Slavery, and convinced noted Garrisonian abolitionist Frederick Douglass of his argument. (The book became the centerpiece of intellectual ammunition for the Free Soil Party.) Later in life Spooner turned against constiutionalism itself, and penned some of the most radical political works of his day, including Vices Are Not Crimes and The Constitution of No Authority. Spooner also clearly articulated a “jury nullification” position in his classic treatise Trial by Jury.

Categories
Today

Lysander Spooner

On January 19, 1808, Lysander Spooner was born.

Spooner’s achievements in American life, law, and political philosophy, are among the most colorful of the 19th century. Studying law privately, he sued to practice without joining the bar, and won the suit. He set up a postal service that directly competed with the United States Postal Service, delivering mail at a fraction of the cost. He wrote The Unconstitutionality of Slavery, and convinced noted Garrisonian abolitionist Frederick Douglass of his argument. (The book became the centerpiece of intellectual ammunition for the Free Soil Party.) Later in life Spooner turned against constitutionalism itself, and penned some of the most radical political works of his day, including Vices Are Not Crimes and The Constitution of No Authority. Spooner also clearly articulated a “jury nullification” position in his classic treatise Trial by Jury.