Freeman

September 1972

Volume 22, 1972

FEATURES

Advertising

SEPTEMBER 01, 1972 by ISRAEL M. KIRZNER

The positive role of advertising in a capitalistic, free-market economy.

What Do You Have Against the Poor?

SEPTEMBER 01, 1972 by LEONARD E. READ

Welfare schemes often backfire and injure most the ones they were supposed to help.

A Closer Look at Gold

SEPTEMBER 01, 1972 by CHARLES WEBER

A historical review of the monetary uses of gold in most nations of the world.

Cause and Effect

SEPTEMBER 01, 1972 by STANLEY YANKUS

According to the natural order of the universe, each is responsible for his self-improvement.

The Founding of the American Republic: 14. Freeing the Individual

SEPTEMBER 01, 1972 by CLARENCE B. CARSON

The strengthening of the institutions of freedom in the various states just following the end of the war.

The Productivity of Freedom

SEPTEMBER 01, 1972 by C. HARRISS

The general case for reliance on voluntary processes of the market rather than coercive intervention in most human affairs.

A Reviewer's Notebook - 1972/9

SEPTEMBER 01, 1972 by JOHN CHAMBERLAIN


"Nine Lies About America" by Arnold Beichman

"Hazardous To Your Health" by Marvin H. Edwards


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CURRENT ISSUE

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)