Freeman

March 2007

Volume 57, 2007

FEATURES

The Cost of the Federal Government in a Freer America

The Vast Majority of Federal Government Programs Are Unnecessary

MARCH 01, 2007 by RICHARD EBELING

Raising the Minimum Wage Will Do No Harm?

Tampering with prices is no way to help people.

MARCH 01, 2007 by RICHARD B. MCKENZIE

A Tribute to a Polish Hero

Polish Writer Stanislaw Lem Found Creative Ways to Resist Totalitarianism

MARCH 01, 2007 by LAWRENCE W. REED

On Not Admitting Error

Drug Prohibitionists Are Blinded by Their Reformist Zeal

MARCH 01, 2007 by THOMAS S. SZASZ

Death by Public Works

Government Negligence Killed 256 Men in a 1935 New Deal Project in the Florida Keys

MARCH 01, 2007 by BURTON FOLSOM

Minimum Wage, Maximum Folly

Why Do Economists Support Minimum Wage Increases when They Know Better?

MARCH 01, 2007 by WALTER E. WILLIAMS

At the Intersection of the Minimum Wage and Illegal Immigration

Illegal Immigrants Working Below Minimum Wage Don't Solve the Minimum-Wage Problem

MARCH 01, 2007 by HOWARD BAETJER JR.

The Economics of Property Rights

The Voluntary Transaction-Driven Evolution of Property Rights is a Hayekian Spontaneous Order

MARCH 01, 2007 by ANDREW P. MORRISS

The New Sweden

Europe Should Embrace the New Swedish Model of Liberalization

MARCH 01, 2007 by WALDEMAR INGDAHL
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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)