Freeman

March 1975

Volume 25, 1975

FEATURES

How Inflation Breeds Recession

MARCH 01, 1975 by HENRY HAZLITT

Reasons why it is best to stop inflating now and return to sound economic and fiscal policies.

The Political Costs of Price Inflation

MARCH 01, 1975 by LAWRENCE FERTIG

Economic breakdown and loss of freedom inevitably follow monetary weakness.

Thank God for the Mess We're In

MARCH 01, 1975 by LEONARD E. READ

The mess is a timely warning to change course if we would avert disaster.

How Rent Controls Hurt the Poor

MARCH 01, 1975 by ALLAN BROWNFIELD

Price-fixing results in a shortage of available housing.

Nationalize the Power Companies?

MARCH 01, 1975 by ARCH BOOTH

Would you want your electricity to be delivered by the U.S. Postal Service?

The Progression of Profitability

MARCH 01, 1975 by JOAN WILKE

Profit is not added to price but is rather the reward for efficiency.

"Business Must Make a Profit"

MARCH 01, 1975 by PAUL L. POIROT

Profit is costless, if earned.

No New Urban Jerusalem

MARCH 01, 1975 by BENJAMIN A. ROGGE

A persuasive appeal to leave to the market the knotty problems of urban renewal.

Step to the Rear, Please

MARCH 01, 1975 by GARY NORTH

There's a better way to get to the head of the line if your time is worth very much.

Land Speculators

MARCH 01, 1975 by BERNARD SIEGAN

The necessary and useful role they play.

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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)