Abraham Lincoln said America was “conceived in liberty”—but less than two centuries later reckless crusades for ever Bigger Government power...


Abraham Lincoln said America was “conceived in liberty”—but less than two centuries later reckless crusades for ever Bigger Government power dominate our political rhetoric. And that seismic shift from liberty to raw majoritarianism has had profound implications for every area of public life—not all of them beneficial.

So says renowned public choice economist Randall G. Holcombe in his startling book Liberty in Peril: Democracy and Power in American History ([link removed]) , just published by the Independent Institute.
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By Randall G. Holcombe
Foreword by Barry R. Weingast
Hardcover | 272 pages | Index
Published: Sept. 1, 2019
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Liberty in Peril ([link removed]) tells the story of this troubling transformation—and the often-ignored threat it poses to constitutional checks on the immense power wielded by the Administrative State and thus to the individual liberties cherished by Americans.

But all is not lost.

Liberty in Peril ([link removed]) provides the intellectual tools badly needed to restore the primacy of individual rights and, as the preamble to the Constitution promises, to “secure the blessings of liberty. This book is indeed essential reading for all those who care about America and the future of its freedoms!
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About the Authors
Randall Holcombe ([link removed]) is a Research Fellow at the Independent Institute and the DeVoe Moore Professor of Economics at Florida State University. He is also past President of the Public Choice Society and past President of the Society for the Development of Austrian Economics. Author of twelve books, Dr. Holcombe focuses his research on public finance and the economic analysis of public policy issues.

Barry R. Weingast ([link removed]) is the Ward C. Krebs Professor of Political Science at Stanford University, and he is a member of the National Academy of Sciences and the American Academy of Arts and Sciences. His research focuses on the political foundation of markets, economic reform, and regulation.
“Randall Holcombe’s Liberty in Peril illuminates the forces that have shifted power and responsibility from individuals to government, and from local to centralized government, throughout American history. This timely reminder is must reading for all those concerned with the erosion of, and new threats to, the legal rights and liberties that form the core of a successful society.”
—Michael J. Boskin, former Chairman, President’s Council of Economic Advisors; Tully M. Friedman Professor of Economics, Stanford University

“Liberty in Peril is an important book. It seeks to show the transformation of the underlying ideology of American government since the Revolution from commitment to the principle of individual liberty to the principle of democracy—that government should be responsive to the will of the people. It combines sophisticated—but easily readable—economics with sophisticated political science and a deep historical interpretation of changes in American politics over this period which have completed the transformation. It is an outstanding political and economic history of the U.S.”
—George L. Priest, Edward J. Phelps Professor of Law and Economics, Yale University

“We often think of liberty and democracy as complements, even two sides of the same coin. Randall G. Holcombe begs to differ. Americans in the founding era championed liberty, and founded a constitutional republic to secure it. In the modern era, however, Americans champion political ‘democracy’ instead, which, Holcombe argues, has come at the expense of liberty. In the provocative and timely volume, Liberty in Peril, Holcombe confronts us with the steady loss of liberty in America, and offers a bold argument for a return to the ideals that made America the land of the free.”
—James R. Otteson Jr., Thomas W. Smith Presidential Chair in Business Ethics, Professor of Economics, and Executive Director of the Eudaimonia Institute, Wake Forest University
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