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April 1999

Volume 49, 1999

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Scientists Beware
Political Agendas Are Undermining Scientists' Credibility

Wasting Energy on Energy Efficiency
Energy Conservation Comes with Tradeoffs in Cost, Quality, Health, and Efficiency

Paper Tiger
Low Oil Prices Persist Despite OPEC's Best Efforts

China's Spontaneous Order
Economic Freedom Is Essential for Increasing Human Well-Being

The Commons: Tragedy or Triumph?
Property Rights and Markets Must Be Defended to Avoid Tragedies of the Commons

Second-Guessing the Market
The Advanced Technology Program Forces Capital into Uneconomic Projects through Confiscatory Taxation

Money in the 1920s and 1930s
Nowhere Is Monetary Ignorance More Apparent than in an Analysis of These Decades

James F. Lincoln: Industrial Peacemaker
Government Intervention in the Workplace Victimizes All Americans

Withholding the Taxpayer Hostage
Withholding Is a Regressive, Costly, and Furtive System for Collecting Taxes

I Lost My Job, Can I Keep My Principles?
It's Hard to Turn Down Government "Favors" When They're So Enmeshed in the Economy

Think Tank Wars and the Minimum Wage
Minimum-Wage Advocates Can't Repeal the Law of Supply and Demand

Opportunity Cost and Hidden Inventions
Hidden Inventions Exist Only in Economically Uninformed Imaginations

So-Called Property Rights?
Property Rights Are the Key to Environmental Protection

The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor by David S. Landes
The Ultimate Road to Wealth Is the Adoption of a Market Economy

From Wealth to Power: The Unusual Origins of America's World Role by Fareed Zakaria
An Interesting and Suggestive but Less-than-Compelling Argument

American Abundance: The New Economic and Moral Prosperity by Lawrence A. Kudlow
A Book as Robustly Bullish as Anything in the Economic Soothsaying Literature

Africa in Chaos by George B. N. Ayittey
A Book that Advances Our Understanding of African Institutions

Security or Friedman
Individuals Can Best Judge for Themselves How to Use Their Resources

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