Freeman

January 1964

Volume 14, 1964

FEATURES

Play Store Economics

JANUARY 01, 1964 by DEAN RUSSELL

When youngsters play store, their pricing policy resembles that of the master planners in socialist societies - they have no actual market to reflect supply-demand situations and give meaningful prices.

Big Wars From Little Errors Grow

JANUARY 01, 1964 by E.W. DYKES

The way to start a war, thinks Bill Dykes, is to mind someone else's business; so perhaps the way to peace with one's neighbor is to try leaving him alone.

The Greatest Family in History

JANUARY 01, 1964 by FRED DEARMOND

The Medici tried that, in fifteenth century Florence, with results unmatched in history. They set an example that survives after 500 years.

The UN Threat to the US

JANUARY 01, 1964 by WILLIAM HENRY CHAMBERLAIN

Could Lorenzo the Magnificent have functioned as well through a United Nations Organization? William Henry Chamberlin has some reasonable doubts.

Jobs Require Capital

JANUARY 01, 1964 by W. M. CURTISS

A taxi driver needs capital, too, though the price of a medallion is hardly a full-fledged free-market determination.

The American Tradition: 10. Of the Civilizing of Groups

JANUARY 01, 1964 by CLARENCE B. CARSON

Professor Carson finds that Americans have forgotten some of the ways successfully used in the past to help civilize renegade groups and mobs.

A Letter to the President

JANUARY 01, 1964 by PAUL JOHNSON

A young man in Texas has fun imagining how he'd "get his fair share" if he were a river-boat captain.

DATA: A New Type of Give-Away Program

JANUARY 01, 1964 by ORIEN JOHNSON

Orien Johnson relates his experiences in a new approach to the problems of undeveloped peoples and foreign aid.

Professor Hutt on Keynesianism

JANUARY 01, 1964 by LUDWIG VON MISES

That the fallacies of the "new economics" can be understood and explained by a man from South Africa should afford hope for Americans.

A Reviewer's Notebook - 1964/1

JANUARY 01, 1964 by JOHN CHAMBERLAIN


John Chamberlain points out some wrong reasons used by Edmund Wilson when he wrote "The Cold War" and "The Income Tax: A Protest."

Ed Opitz offers some helpful suggestions for further readings in the field of general philosophy.


Download File

EMAIL UPDATES

* indicates required

CURRENT ISSUE

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.
Download Free PDF

PAST ISSUES

SUBSCRIBE

RENEW YOUR SUBSCRIPTION

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)