Freeman

August 1971

Volume 21, 1971

FEATURES

The Founding of the American Republic:1. The American Epic-1760-1800

AUGUST 01, 1971 by CLARENCE B. CARSON

Introducing a series on the unique American experiment in freedom under limited government.

Buying Up Surpluses

AUGUST 01, 1971 by GEORGE HAGEDORN

Pricing goods or services out of the market always raises the problem of what to do about the "surplus."

IMF: World Inflation Factory

AUGUST 01, 1971 by HENRY HAZLITT

The trouble with the Idea of an International Monetary Fund in 1949 is still the trouble in 1971.

Root of All Evil

AUGUST 01, 1971 by ROBERT G. ANDERSON

Concerning the nature and depth of the causes of inflation and the prospects of a cure.

The Disaster Lobby

AUGUST 01, 1971 by THOMAS R. SHEPARD JR.

The greatest danger we face is from those who would save us from ourselves.

Who Pays for Clean Air and Water?

AUGUST 01, 1971 by FRANCIS ASPINWALL

In the market economy, competition obliges producers to supply what consumers most want.

Ownership and Freedom

AUGUST 01, 1971 by DEAN RUSSELL

Private property is the foundation upon which all freedoms rest.

Two Ways to Slavery

AUGUST 01, 1971 by JAMES M. ROGERS

When delegating power and authority to "good" men, remember that the power is apt to be inherited by "bad" men.

Early Warning

AUGUST 01, 1971 by NASSAU SENIOR

A mid-nineteenth century analysis of the evil consequences of government "charity."

A Reviewer's Notebook - 1971/8

AUGUST 01, 1971 by JOHN CHAMBERLAIN


"Frederic Bastiat: A Man Alone" by George Charles Roche III


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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)

By HENRY HAZLITT

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.


By F. A. HAYEK

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)