Freeman

April 1995

Volume 45, 1995

FEATURES

How Gold Was Money--How Gold Could Be Money Again

The Treasury Should Return the Gold to the People

APRIL 01, 1995 by RICHARD H. TIMBERLAKE

The Forgotten Private Banker

How Did Unlicensed, Unregulated Banking Give Way to Today's System?

APRIL 01, 1995 by RICHARD SYLLA

The Failure of Central Banking in Developing Countries

Central Banks Have Caused Poor Monetary and Economic Performance

APRIL 01, 1995 by KURT SCHULER

The Prejudice Against Midnight Dishwashing

Why Is a Taxpayer-Funded Basketball Program Considered Superior to Private-Sector Employment?

APRIL 01, 1995 by RALPH R. REILAND

First-Class Mail, Third-Class Competition

Is the Post Office a Natural Monopoly?

APRIL 01, 1995 by RONALD M. AYERS, ROBERT A. COLLINGE

Freedom, Legislation, and Disabilities

Coercive Morality Legislation Harms Society

APRIL 01, 1995 by JAMES ROLPH EDWARDS

Fortunately, It's Just a Game

What Is Monopoly's Message About Wealth and Wealth Creation?

APRIL 01, 1995 by CANDACE ALLEN

Have Doctors Forsaken Their Ethics?

The Veterinary Ethic Rules Government-Funded Health Care

APRIL 01, 1995 by JEFFREY A. SINGER

Rising Health-Care Costs: Who's the Villain?

Our Health-Care System Disguises Costs to Individuals

APRIL 01, 1995 by CHARLES VAN EATON

Justice or Legal Extortion?

The U.S. Civil Justice System Has Become a Sweepstakes Game

APRIL 01, 1995 by SARAH J. MCCARTHY
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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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Economics in One Lesson (full text)

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The full text of Hazlitt's famed primer on economic principles: read this first!


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Frederic Bastiat's timeless defense of liberty for all. Once read and understood, nothing ever looks the same.


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There can be little doubt that man owes some of his greatest suc­cesses in the past to the fact that he has not been able to control so­cial life.


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Leonard Read took the lessons of entrepreneurship with him when he started his ideological venture.


By LEONARD E. READ

No one knows how to make a pencil: Leonard Read's classic (Audio, HTML, and PDF)