Freeman

June 1997

Volume 47, 1997

FEATURES

John Jacob Astor and the Fur Trade: Testing the Role of Government

How an Entrepreneur Provided Better Products at Lower Cost

JUNE 01, 1997 by BURTON FOLSOM

Three Fallacies of Rent Control

We Can't Always Have Everything We Want

JUNE 01, 1997 by ROBERT BATEMARCO

Should Profits Be Shared with Workers?

Most Workers Want to Reap Gains without Risking Losses

JUNE 01, 1997 by DWIGHT R. LEE

First, Let's Deregulate All the Lawyers

Unauthorized Practice of Law Statutes Make Many Consumers Worse Off

JUNE 01, 1997 by GEORGE C. LEEF

The Pervasive Duty to Rescue

Only Private Charity Can Help Those Truly in Need of Assistance

JUNE 01, 1997 by DONALD KOCHAN

The Mont Pelerin Society's 50th Anniversary

The Society Helps Keep Alight the Lamp of Classical Liberalism

JUNE 01, 1997 by GREG KAZA

Russell Kirk's Conception of Decadence

Kirk Thought the Road to Avernus Captured America's Downward Descent

JUNE 01, 1997 by GLEAVES WHITNEY

The Gift of a Child: The Promise of Freedom

Immediate and Exclusive State Control Has Ruined Education

JUNE 01, 1997 by CLARK DURANT

Insurance Redlining and Government Intervention

Forcing Firms to Sell at Regulated Prices Is Detrimental to Consumers

JUNE 01, 1997 by GARY WOLFRAM

Frederic Bastiat, Ingenious Champion for Liberty and Peace

Bastiat Was a Scintillating Advocate of an Untrammeled Free Market

JUNE 01, 1997 by JIM POWELL

Frederic Bastiat ranks among the most spirited defenders of economic freedom and international peace. Nobel Laureate F.A. Hayek called Bastiat a publicist of genius. The great Austrian economist Ludwig von Mises saluted Bastiat's immortal contributions. Best-selling economics journalist Henry Hazlitt marveled at Bastiat's uncanny clairvoyance. Said intellectual historian Murray N. Rothbard: Bastiat was indeed a lucid and superb writer, whose brilliant and witty essays and fables to this day are remarkable and devastating demolitions of protectionism and of all forms of government subsidy and control.

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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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