Percy L. Greaves Jr.

pgreaves@fee.org

Related Freeman Articles

Article

The Market Economy vs. The Welfare State

JANUARY 01, 1979 by PERCY L. GREAVES JR.

Why living standards decline in a society of factions fighting for "fair shares."

Article

Does Government Spending Bring Prosperity?

JUNE 01, 1975 by PERCY L. GREAVES JR.

Our hope for future prosperity depends upon finding the correct answer.

Article

Lower Interest Rates by Law

DECEMBER 01, 1974 by PERCY L. GREAVES JR.

Control of interest rates is control of people, with highly harmful consequences.

Article

From Price Control to Valley Forge: 1777-78

FEBRUARY 01, 1972 by PERCY L. GREAVES JR.

A timely reminder of the sorry consequences of closing the market.

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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