Freeman

July 1977

Volume 27, 1977

FEATURES

Unemployment Is Rising

JULY 01, 1977 by HANS SENNHOLZ

The Keynesian formula of spending for full employment is teaching a costly lessonif we will learn.

Is There an Unfavorable Balance of Trade?

JULY 01, 1977 by LAWRENCE W. REED

Still prevalent is the mercantilist notion that a nation should have an excess of exports over imports.

World in the Grip of an Idea: 7. Russia - The Reign of Terror

JULY 01, 1977 by CLARENCE B. CARSON

How terror is used to bring submission to Communist Party rule.

Education in a Free Society

JULY 01, 1977 by MARK SPANGLER

A free market would serve the educational demands of parents and children, without coercion.

Madison's Answer to Machiavelli

JULY 01, 1977 by JOHN WESLEY YOUNG

Concerning the legal relation of organized religion to government in a republic.

A Reviewer's Notebook - 1977/7

JULY 01, 1977 by JOHN CHAMBERLAIN


The Next Two Hundred Years" by Herman Kahn, William Brown and Leon Martel

The Price Controls Game" by Mark Skousen

James J. Hill and the Opening of the Northwest" by Albro Martin

Superfluous Men: Conservative Critics of American Culture, 1900-1945" edited by Robert M. Crunden


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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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