Freeman

April 1994

Volume 44, 1994

FEATURES

The Market's Easy Touch

Organizations Subject to Competition Must Treat Customers with Respect

APRIL 01, 1994 by JOSEPH S. FULDA

The Economic Way of Thinking, Part 7

Economic Value Is a Function of Subjective Value

APRIL 01, 1994 by RONALD NASH

Why War?

The Conflict Philosophy Is the Leading Cause of War and Totalitarianism

APRIL 01, 1994 by BETTINA BIEN GREAVES

A Free-Market University

Universidad Francisco MarroquĂ­n Is Shaping Social Change in Guatemala

APRIL 01, 1994 by WILLIAM H. PETERSON

The New Forest

Things Haven't Changed Much Since Robin Hood Escaped to Sherwood Forest

APRIL 01, 1994 by JOHN CHODES

Government Investment

Transit Subsidies Are Draining the Economy

APRIL 01, 1994 by JOHN SEMMENS

The Egg and I

Who Has the Right to Claim Public Property?

APRIL 01, 1994 by WILLIAM E. PIKE

Monopoly Demand For Labor?

There Are No Limits to the Productive Labor That Society Requires

APRIL 01, 1994 by GLEN TENNEY

Higher Airfares Ahead?

Matching a Competitor's Low Price Is Not an Act of Collusion

APRIL 01, 1994 by WILLIAM L. ANDERSON
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It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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