Freeman

December 1998

Volume 48, 1998

FEATURES

East Asia's Crises: Toward a New Growth Paradigm?

East Asia's Political Culture Created a Flawed Institutional Infrastructure

DECEMBER 01, 1998 by CHRISTOPHER LINGLE

Glory Be!

DECEMBER 01, 1978 by LEONARD E. READ

True glory consists of the service of truth and freedom.

Pound Scum

Public and Private Enterprises Face Different Incentives

DECEMBER 01, 1998 by ANDREW P. MORRISS

Market Reforms Score Big in Soccer

What Accounts for Europe's Recent Dominance of the Sport?

DECEMBER 01, 1998 by L. JACOBO RODRGUEZ

The Golden Age at Risk

A Mountain of Regulation Threatens America's Prosperity

DECEMBER 01, 1998 by BRUCE YANDLE

The Human Rights Deception

The U.N.'s Universal Declaration of Human Rights Is a Dangerous Substitute for the American Bill of Rights

DECEMBER 01, 1998 by RICHARD W. STEVENS

The Culture of Classical Liberalism

Does Classical Liberalism Focus Solely on Economics?

DECEMBER 01, 1998 by TADD WILSON

Spanish-American War: Death, Taxes, and Incompetence

Incompetent Generals, Lazy Bureaucrats, and a Confused Secretary of War Are the Stuff of Most Wars

DECEMBER 01, 1998 by BURTON FOLSOM

The Conquest of the United States by Spain

Expansionism and Imperialism Were Not in the American Historical Tradition

DECEMBER 01, 1998 by WILLIAM GRAHAM SUMNER

Everything Is Cheap and Getting Cheaper

The Real Cost of Living Is Declining

DECEMBER 01, 1998 by MARK SKOUSEN
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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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