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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.See omnystudio.com/listener for privacy information.
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AUGUST 2024 | VOLUME 53, ISSUE 8
Our Out-of-Control Federal Law Enforcement Agencies
Ryan Cleckner
Businessman, Attorney, and AuthorThe following is adapted from a talk delivered on July 23, 2024, at Hillsdale College’s Blake Center for Faith and Freedom in Somers, Connecticut.
See omnystudio.com/listener for privacy information.
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APRIL 2005 | VOLUME 34, ISSUE 4
Knowing History and Knowing Who We Are
David McCullough
HistorianThe following is adapted from a talk delivered at a Hillsdale College National Leadership Seminar on February 15, 2005, in Phoenix, Arizona.
See omnystudio.com/listener for privacy information.
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JUNE/JULY 2024 | VOLUME 53, ISSUE 6/7
National Conservatism, Freedom Conservatism, and Americanism
John Fonte
Hudson InstituteThe following is adapted from a talk delivered on April 18, 2024, at a Hillsdale College National Leadership Seminar in Bellevue, Washington.
See omnystudio.com/listener for privacy information.
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APRIL/MAY 2024 | VOLUME 53, ISSUE 4/5
Sports Should Unify, Not Divide Us
Clay Travis
The Clay Travis and Buck Sexton Show
The following is adapted from a talk delivered on April 17, 2024, at a Hillsdale College National Leadership Seminar in Bellevue, Washington.See omnystudio.com/listener for privacy information.
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MARCH 2024 | VOLUME 53, ISSUE 3
Rogue Prosecutors and the Rise of Crime
Cully Stimson
The Heritage Foundation
The following is adapted from a talk delivered on March 11, 2024, at the Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship on Hillsdale’s Washington, D.C. campus, as part of the AWC Family Foundation Lecture Series.See omnystudio.com/listener for privacy information.
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FEBRUARY 2024 | VOLUME 53, ISSUE 2
Disparate Impact Thinking Is Destroying Our Civilization
Heather Mac Donald
Manhattan Institute
The following is adapted from a talk delivered on February 15, 2024, at a Hillsdale College National Leadership Seminar in Naples, Florida.See omnystudio.com/listener for privacy information.
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January 2024 | VOLUME 53, ISSUE 1
An Immigration Crisis Beyond Imagining
Todd Bensman
Center for Immigration Studies
The following is adapted from a talk delivered on January 22, 2024, at the Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship on Hillsdale’s Washington, D.C., campus, as part of the AWC Family Foundation Lecture Series.See omnystudio.com/listener for privacy information.
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DECEMBER 2023 | VOLUME 52, ISSUE 12
Lessons From the Great Covid Cover-Up
Rand Paul
U.S. Senator from Kentucky
Author, Deception: The Great Covid Cover-Up
The following is adapted from a talk delivered on November 1, 2023, at the Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship on Hillsdale’s Washington, D.C., campus, as part of the AWC Family Foundation Lecture Series.See omnystudio.com/listener for privacy information.
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NOVEMBER 2023 | VOLUME 52, ISSUE 11
Hillsdale’s Mission and the Politics of Freedom
Larry P. Arnn
President, Hillsdale CollegeThe following is adapted from a talk delivered on the Regent Seven Seas Mariner on June 30, 2023, during a Hillsdale College educational cruise from Istanbul to Athens.
See omnystudio.com/listener for privacy information.
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OCTOBER 2023 | VOLUME 52, ISSUE 10
Why the CIA No Longer Works—and How to Fix It
Charles S. Faddis
Author, Beyond Repair: The Decline and Fall of the CIAThe following is adapted from a talk delivered at Hillsdale College on October 3, 2023, during a conference on “U.S. Intelligence: History and Controversies.”
See omnystudio.com/listener for privacy information.
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SEPTEMBER 2023 | VOLUME 52, ISSUE 9
Inside the Transgender Empire
Christopher F. Rufo
Author, America's Cultural RevolutionThe following is adapted from a talk delivered on September 12, 2023, at the Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship on Hillsdale’s Washington, D.C., campus, as part of the AWC Family Foundation Lecture Series.
See omnystudio.com/listener for privacy information.
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JULY/AUGUST 2023 | VOLUME 52, ISSUE 7/8
Imperialism: Lessons From History
Victor Davis Hanson
Wayne and Marcia Buske Distinguished Fellow in History, Hillsdale CollegeThe following is adapted from a talk delivered on the Regent Seven Seas Mariner on June 30, 2023, during a Hillsdale College educational cruise from Istanbul to Athens.
See omnystudio.com/listener for privacy information.
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JUNE 2023 | VOLUME 52, ISSUE 6
The Most Important Decision in Life
Bishop Robert Barron
Word on Fire Catholic MinistriesThe following is adapted from a speech delivered on May 13, 2023, at Hillsdale College’s 171st Commencement Ceremony.
See omnystudio.com/listener for privacy information.
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APRIL/MAY 2023 | VOLUME 52, ISSUE 4/5
Thinking Smartly About Climate Change
Bjorn Lomborg
President of the Copenhagen Consensus Center & a visiting fellow at the Hoover InstitutionThe following is adapted from a speech delivered at a Hillsdale College National Leadership Seminar on April 24, 2023, in Irving, Texas.
See omnystudio.com/listener for privacy information.
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MARCH 2023 | VOLUME 52, ISSUE 3
The Biden Economy and How It Could Be Fixed
Andrew F. Puzder
Businessman and Author, The Capitalist Comeback: The Trump Boom and the Left’s Plot to Stop ItThis issue is adapted from a talk delivered on February 22, 2023, at a Hillsdale College National Leadership Seminar in Indian Wells, California.
See omnystudio.com/listener for privacy information.
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FEBRUARY 2023 | VOLUME 52, ISSUE 2
America’s Broken Health Care: Diagnosis and Prescription
John Abramson
Author, Sickening: How Big Pharma Broke American Health Care and How We Can Repair ItThis issue is adapted from a talk delivered at Hillsdale College on March 5, 2023, during a Center for Constructive Alternatives conference on “Big Pharma.”
See omnystudio.com/listener for privacy information.
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JANUARY 2023 | VOLUME 52, ISSUE 1
The Twitter Files Reveal an Existential Threat
John Daniel Davidson
The FederalistThis issue is adapted from a talk delivered at Hillsdale College on February 7, 2023.
See omnystudio.com/listener for privacy information.
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DECEMBER 2022 | VOLUME 51, ISSUE 12
American Christmas, American New Year
Christopher Flannery
Host, The American StoryThis issue is adapted from an online presentation recorded at Hillsdale College on October 18, 2022.
See omnystudio.com/listener for privacy information.
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NOVEMBER 2022 | VOLUME 51, ISSUE 11
Education as a Battleground
Larry P. Arnn
President, Hillsdale College
This issue is adapted from remarks delivered on November 3, 2022, at a Hillsdale College reception in Santa Clara, California.See omnystudio.com/listener for privacy information.
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