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December 1997

Volume 47, 1997


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Freedom and the Car

Self-Directedness Is Intrinsic to Automobility
December 01 1997 by ,

Where Does Law Come From?

Law Does Not Depend on a Central Coercive Authority
December 01 1997 by ,

Law and governance are natural institutions that arise out of people’s interest in prospering through production, the division of labor, and trade. They do not depend on a central coercive authority for their genesis.

The Efficiency of Natural Rights

Natural Rights Are Both Problem-Solving Devices and Moral Principles
December 01 1997 by ,

The Future of the Union Movement: Clues From the UPS Strike

Competition and Entrepreneurship, Not Unions, Are the Source of Lasting Prosperity for Workers and Investors Alike
December 01 1997 by ,

Or Else . . .

Examples of Officially Sanctioned Extortion Surround Us
December 01 1997 by ,

Will Retirement Become a Personal Responsibility?

Social Security Must Ultimately Be Privatized
December 01 1997 by ,

With Social Security benefits projected to exceed the system’s revenues within 15 years, young Americans are increasingly skeptical that the government will take care of them when they reach their mid-sixties. That’s a healthy development because in a free society, responsibility for one’s retirement is too important to relinquish to the vagaries of politicized programs.

Best Textbooks for a Free-Market University

Free-Market Economics Is Back in the College Classroom
December 01 1997 by ,

The Benefits of Immigration

Opening America's Borders Would Increase Our Prosperity
December 01 1997 by ,

Property: Key to Self-Determination

Without Full Protection of Property Rights We Are All Poorer
December 01 1997 by ,

Hungry Ghosts: Mao's Secret Famine by Jasper Becker

Communist Politics, Not the Chinese People, Are the Cause of China's Problems
December 01 1997 by ,

Why the Left Is Not Right: The Religious Left: Who They Are and What They Believe by Ronald Nash

Many People of Faith Have Embraced Collectivist Remedies
December 01 1997 by ,

The USA Tax: A Progressive Consumption Tax by Laurence S. Seidman

Meaningful Reform Is Better Aimed at Reducing Taxes
December 01 1997 by ,

Bank Deregulation and Monetary Order by George Selgin

Free Banking Is Crucial to the Evolution of a Laissez-Faire Society
December 01 1997 by ,

Pick a Better Country by Ken Hamblin

Each of Us Must Decide if We Will Be Winners or Losers
December 01 1997 by ,

The story is told that Ludwig von Mises was once asked, "Do you mean to say that the government should have done nothing during the Great Depression?" Mises responded, "I mean to say it should have started doing nothing long before that." I hope the story is not apocryphal, because it perfectly sums up the government's proper role in managing the economy: none.

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