Freeman

March 2004

Volume 54, 2004

FEATURES

F. A. Hayek and The Road to Serfdom: A Sixtieth-Anniversary Appreciation

Hayek's Work Stemmed the Tide Toward Totalitarian Collectivism

MARCH 01, 2004 by RICHARD EBELING

The Collectivist Paradox

Collectivist Systems Require One Individual to Make Key Decisions

MARCH 01, 2004 by SHELDON RICHMAN

Decency Requires a Minimum-Wage Law?

Proponents of Minimum-Wage Laws Commit Logical, Economic and Moral Fallacies

MARCH 01, 2004 by AEON SKOBLE

The Defense of Our Civilization Against Intellectual Error

Harmful Teachings Are Often Inspired by Very Noble Ideals

MARCH 01, 2004 by F. A. HAYEK

The Awesome Powers of Government

The Contrast Between Government and Business Power Is Striking

MARCH 01, 2004 by MURRAY WEIDENBAUM

The New World of Blogs

Blogs Provide a Universe of Experts on Every Imaginable Topic

MARCH 01, 2004 by TYLER COWEN

A Museum You Don't Want to Miss

Communism's Terrible Record Must be Documented and Displayed

MARCH 01, 2004 by LAWRENCE W. REED

More than 150 years ago Karl Marx predicted that communism was inevitable. History, he claimed, was marching inexorably toward a communist paradise. In hindsight it would appear that if anything about communism was inevitable, it was that it would sooner or later be relegated to the status of museum relic. In the capital city of a formerly communist country in eastern Europe, that's exactly what has happened.

Westerns and Property Rights

Private Property Rights Allow Peaceful Coexistence of Competing Land Uses

MARCH 01, 2004 by ANDREW P. MORRISS

Watering the Tree

Doting Too Much on the Weak Creates Helplessness

MARCH 01, 2004 by RUSSELL MADDEN
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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)