Freeman

May 2006

Volume 56, 2006

FEATURES

John Maynard Keynes: The Damage Still Done by a Defunct Economist

Keynes Provided a Rationale for Government Spending and Pandering to Special Interests

MAY 01, 2006 by RICHARD EBELING

Legal Plunder Mislabeled "Defense"

Earmarks for Special Interests Are Hiding in the Defense Budget

MAY 01, 2006 by SHELDON RICHMAN

We Need Medical Rationing?

There Are Many Problems with Health Care, but Rationing Is Not the Solution

MAY 01, 2006 by DAVID R. HENDERSON

How U.S. Economic Warfare Provoked Japan's Attack on Pearl Harbor

The Orthodox View of Pearl Harbor Is a Tissue of Misconceptions

MAY 01, 2006 by ROBERT HIGGS

Backing the Wrong Horse: How Private Schools Are Good for the Poor

Third World Poor Turn to Private Education

MAY 01, 2006 by JAMES TOOLEY

Ludwig von Mises: The Political Economist of Liberty, Part 1

In the Face of Socialism and Fascism, Mises Was a Clear Proponent of Individual Freedom, the Market Economy, and Limited Government

MAY 01, 2006 by RICHARD EBELING

Hayek and Freedom

Freedom Is the Recognition of the Necessity of Law and Morality to Ensure That Human Interaction Is Cooperative and Orderly

MAY 01, 2006 by STEVEN HORWITZ

Book Review: Russian Conservatism and Its Critics, by Richard Pipes

MAY 01, 2006 by RICHARD EBELING

  • Russian Conservatism and Its Critics
    by Richard Pipes Reviewed by Richard M. Ebeling

  • Paying with Plastic: The Digital Revolution in Buying and Borrowing
    by David S. Evans and Richard Schmalensee Reviewed by J. H. Huebert

  • The New New Left: How American Politics Works Today
    by Steven Malanga Reviewed by George C. Leef

  • Learning Economics
    by Arnold King Reviewed by Donald J. Boudreaux

Free-Market Moments on the Silver Screen

Hollywood Occasionally Takes a Break from Vilifying Capitalism

MAY 01, 2006 by LAWRENCE W. REED

Mental Illness as Brain Disease: A Brief History Lesson

There Is No Evidence That a Chemical Imbalance Causes Mental Illness

MAY 01, 2006 by THOMAS S. SZASZ
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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)