[Originally published as “Sons of Leviathan” in October 2007.] Robert Higgs identified the Leviathan as an opportunistic beast, using crises—real or manufactured—to expand its realm, to slither its tentacles into the remaining halls where large amounts of liberty are found. Any national or international event
Michel Accad Michel Accad, MD, practices cardiology and internal medicine in San Francisco, offering individualized care in a free-market setting. His blog about health care and medicine is AlertandOriented.com. He also co-hosts the Accad And Koa Report podcast.
On 16 September, the Federal Reserve surprised many observers by releasing new forward guidance on interest rates earlier than anticipated. This follows another earlier-than-expected release of its framework review conclusions during the Jackson Hole symposium last month (for details, see our blog post on the