Freeman

May 2003

Volume 53, 2003

FEATURES

A Philanthropist Goes to Washington

Ruth Lilly's $120 Million Donation to Americans for the Arts is Hardly Philanthropic

MAY 01, 2003 by JAMES L. PAYNE

The State's Quest for Total Information Awareness

Making it Easier for Strangers to Roam through Our Private Records Will Not Increase Our Security

MAY 01, 2003 by DAVID M. BROWN

Selling History with Dolls

Free Markets, Selling History, Can Benefit Us All

MAY 01, 2003 by ANDREW P. MORRISS

Does Prosperity Depend on Education?

Numerous Self-Made Tycoons Succeed with Limited Formal Education

MAY 01, 2003 by CHRISTOPHER LINGLE

How California's Consumer Laws Legalize Extortion

California Trial Lawyers Target Small Business with Frivolous Lawsuits

MAY 01, 2003 by STEVEN GREENHUT

I Never Dream of Nicotine

"Addiction" Cannot be Weighed, Measured, or Lovingly Caressed--But Trial Lawyers Can Profit From It

MAY 01, 2003 by TED ROBERTS

Saving the Environment for a Profit, Victorian-Style

Economic Progress Mandates the Development of Efficient Practices and the Discovery of Profitable Uses for Industrial Waste

MAY 01, 2003 by PIERRE DESROCHERS

What's Wrong with How We Teach Economics

Economic Education Places Too Much Stock in Mathematical Formulas and Not Enough in the Study of Human Behavior

MAY 01, 2003 by BRANDON CROCKER

Berry Gordy Jr. and the Original "Black Label"

Motown Records' Founder Gave America Some of its Best Music Moments

MAY 01, 2003 by LARRY SCHWEIKART

What's So Good About Democracy?

It Is Almost Impossible to Design a System That Produces "The People's" Verdict

MAY 01, 2003 by NORMAN BARRY

It was once said that "democracy is the most promiscuous word in the language; she is everybody's mistress." Indeed, political regimes of widely differing institutional features label themselves democracies, as did totalitarian communist orders. Often, the best guide to a country's democratic credentials was that it didn't call itself democratic: compare West Germany's Federal Republic with the East German Democratic Republic.

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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!


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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)