Freeman

December 1978

Volume 28, 1978

FEATURES

Glory Be!

DECEMBER 01, 1978 by LEONARD E. READ

True glory consists of the service of truth and freedom.

The "Invisible Hand" or the Heavy Hand?

DECEMBER 01, 1978 by JOHN MONTGOMERY

A timely reminder of the dangers we face if we allow controls to close the market.

Are Successful Businessmen Just Lucky?

DECEMBER 01, 1978 by BRIAN SUMMERS

Not by pure chance, but by the foresight of businessmen, are consumers served efficiently.

Government Spending Must Be Cut

DECEMBER 01, 1978 by HANS SENNHOLZ

Meaningful tax reform hinges on the moral strength to resist special privileges government may arrange.

World in the Grip of an Idea: 24. The Cold War: The Spread of Communism

DECEMBER 01, 1978 by CLARENCE B. CARSON

Communism is less a political theory than a set of claims and promisesjustificationsfor holding and exercising power.

Native Pottery Only

DECEMBER 01, 1978 by WILLIAM L. BAKER

A study of the harmful effects of "protectionism," as applied during the Civil Waror today.

Austerity, Waste, and Need

DECEMBER 01, 1978 by E.C. PASOUR

In the absence of market signals, the regulator faces severe information problemsand consumers suffer needlessly.

A Human Action Taxonomy

DECEMBER 01, 1978 by DALE M. HAYWOOD

We interact in society voluntarily or coercively and the consequences make all the difference.

A Reviewer's Notebook - 1978/12

DECEMBER 01, 1978 by JOHN CHAMBERLAIN


"Adam Smith and the Wealth of Nations" edited by Fred Glahe

"Adam Smith: Man of Letters and Economist" by Clyde E. Dankert

"Government by Judiciary: The Transformation of the Fourteenth Amendment" by Raoul Berger


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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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Essential Works from FEE

Economics in One Lesson (full text)

By HENRY HAZLITT

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


By FREDERIC BASTIAT

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.


By JEFFREY A. TUCKER

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)