FFF.org We had a great session of the Economic Liberty Lecture Series last night, an event that we co-sponsor with George Mason Universitys student-run GMU Econ Society. Richard Ebeling gave a great talk on the continuing relevance of Friedrich Hayeks classic book The Road to Serfdom as well as Austrian economics to the economic situation facing the American people today. Long-time supporters of FFF will recall that Richard served as vice-president of academic affairs for FFF since our inception in 1989 until he became president of The Foundation for Economic Education several years ago. During that time he was also serving as the Ludwig von Mises Professor of Economics at Hillsdale College. After stepping down as fees president a couple of years ago, Richard returned to academia, first teaching at Trinity University in Connecticut and now at Northwood University in Michigan. In his talk, Richard traced the rise of socialism and fascism in Europe and explained how those ideas came to be imported into the United States by American intellectuals at the turn of the 20th century. He pointed out how the watershed era was Franklin Roosevelts New Deal. Since that time, government has only grown more intrusive and more powerful, a trend that has culminated in the Bush-Obama Keynesian stimulus plans, the partial nationalization of financial institutions and automobile companies, the bailouts, the massive spending and debt, and, of course, Obamas national health-care plan. In other …

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