As a college professor, member of Congress, and an author of the 1994 Contract with America, Dick Armey has devoted his life to advancing the cause of freedom. During his tenure as House Majority Leader, 60 percent of the Contract with America was signed into law, realizing the first balanced budget in a generation, historic welfare reform, and free market solutions for the health care, farming, and telecommunications industries. By the time of his retirement from Congress in 2003, however, much of that ground had been lost to the largest increase in federal spending since Lyndon Johnson’s reat Society.
As an economics professor at the University of North Texas, he opened every class with Armey’s Axiom #1: the market is rational and the government is dumb. Then, when Ronald Reagan took office, Armey seized the opportunity to advance their shared principles by running for Congress in 1984. Since that time, Congressman Armey has learned a great deal about limiting government in challenging political environments, and today, he puts that knowledge to use as Chairman of Freedom Works, a conservative grassroots advocacy group. Congressman Armey shares the Goldwater Institute’s belief in the need to return to the principles of economic freedom and personal responsibility.