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July/August 2007

Volume 57, 2007

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Something Besides Money Growth Causes Inflation?
The Root Cause of Inflation Is a Settled Matter for Most Economists

The Great Duration, 1929–41
Economic Policies That Discouraged Private Investment Prolonged the Great Depression

Athletes' Salaries Too High? Sports Fans, Blame Yourselves
In the Market, the Consumer Is the Ultimate Boss

Capitalism and the Family
The Market Economy Is Responsible for Ever-Changing Family Structures

Socialism after Hayek
Even Reformulated, the Socialist Ideal Remains Hollow

Licensing Occupations: Ensuring Quality or Restricting Competition?
Occupational Licensing Does Not Protect Consumers or Improve Services

Roosevelt, the Great Depression, and the Economics of Recovery Revisited
A Useful Account of the New Deal That Rises Above the Usual Flattery of FDR and His Followers

John Dewey and the Decline of American Education
Dewey’s Ideas Have Had Disastrous Consequences for American Education over the Past 50 Years

Made Everywhere
Fear not China or any other foreign producer.

Defining Psychiatry
How Can Psychiatry Be Practiced When It Can't Be Defined?

Closing a Malevolent Circle: The Employee Free Choice Act
The Economic Irrelevance of Unions Does Not Preclude Their Political Pull

Ethanol versus the Poor
The law of unintended consequences strikes again.

Free Men for Better Job Performance, Part II
Employee Liberty Is Key to Maximum Productivity

Libertarian Paternalism: A Test
Existing Regulations and Programs Could Be Altered to Conform to Libertarian Paternalism

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