Freeman

December 1995

Volume 45, 1995

FEATURES

The Arts in a Free Market Economy

Capitalism Is a Prescription for Producing and Distributing Great Art

DECEMBER 01, 1995 by TYLER COWEN

Ludwig van Beethoven's Joyous Affirmation of Human Freedom

Beethoven Inspired the World

DECEMBER 01, 1995 by JIM POWELL

Experiencing Socialist Britain

A Personal Tale of Work in Two Nationalized Industries

DECEMBER 01, 1995 by ALASTAIR SEGERDAL

Economics of Russian Crime

Russia Urgently Needs to Create a Stable, Orderly Society Based on an Effective Market

DECEMBER 01, 1995 by YURI N. MALTSEV

No Thanks, Uncle Sam

Entrepreneurial Women Can Make It On Their Own

DECEMBER 01, 1995 by ELIZABETH LARSON

Liberty and Immigration

Local Communities Should Decide Immigration Issues

DECEMBER 01, 1995 by THOMAS E. WOODS JR.

Coming to America: The Benefits of Open Immigration

America Owes Its Heritage to Open Borders

DECEMBER 01, 1995 by THOMAS E. LEHMAN

Thinking Carefully About Macroeconomics

Defenders of the Market Should Understand Fundamental Issues in Macroeconomics

DECEMBER 01, 1995 by STEVEN HORWITZ

Why Economists Need to Speak the Language of the Marketplace

Keynes' Modern-Day Followers Continue with His Distortions of Language

DECEMBER 01, 1995 by JAMES C. W. AHIAKPOR
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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)