Freeman

April 1994

Volume 44, 1994

FEATURES

The Market's Easy Touch

Organizations Subject to Competition Must Treat Customers with Respect

APRIL 01, 1994 by JOSEPH S. FULDA

The Economic Way of Thinking, Part 7

Economic Value Is a Function of Subjective Value

APRIL 01, 1994 by RONALD NASH

Why War?

The Conflict Philosophy Is the Leading Cause of War and Totalitarianism

APRIL 01, 1994 by BETTINA BIEN GREAVES

A Free-Market University

Universidad Francisco MarroquĂ­n Is Shaping Social Change in Guatemala

APRIL 01, 1994 by WILLIAM H. PETERSON

The New Forest

Things Haven't Changed Much Since Robin Hood Escaped to Sherwood Forest

APRIL 01, 1994 by JOHN CHODES

Government Investment

Transit Subsidies Are Draining the Economy

APRIL 01, 1994 by JOHN SEMMENS

The Egg and I

Who Has the Right to Claim Public Property?

APRIL 01, 1994 by WILLIAM E. PIKE

Monopoly Demand For Labor?

There Are No Limits to the Productive Labor That Society Requires

APRIL 01, 1994 by GLEN TENNEY

Higher Airfares Ahead?

Matching a Competitor's Low Price Is Not an Act of Collusion

APRIL 01, 1994 by WILLIAM L. ANDERSON
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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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