Freeman

July/August 2007

Volume 57, 2007

FEATURES

The Great French Inflation

Inflation Can Undermine the Social Fabric, Ruin the Economy, and Bring Revolution and Tyranny

JULY 01, 2007 by RICHARD EBELING

Something Besides Money Growth Causes Inflation?

The Root Cause of Inflation Is a Settled Matter for Most Economists

JULY 01, 2007 by HOWARD BAETJER JR.

The Great Duration, 1929–41

Economic Policies That Discouraged Private Investment Prolonged the Great Depression

JULY 01, 2007 by ROBERT HIGGS

Athletes' Salaries Too High? Sports Fans, Blame Yourselves

In the Market, the Consumer Is the Ultimate Boss

JULY 01, 2007 by GENE CALLAHAN

Capitalism and the Family

The Market Economy Is Responsible for Ever-Changing Family Structures

JULY 01, 2007 by STEVEN HORWITZ

The Astronaut Libertarian?

Government Has Some Limited Role to Play Regarding the Safety of Others

JULY 01, 2007 by RAYMOND J. KEATING

Socialism after Hayek

Even Reformulated, the Socialist Ideal Remains Hollow

JULY 01, 2007

By Theodore A. Burczak Reviewed by Richard M. Ebeling

Licensing Occupations: Ensuring Quality or Restricting Competition?

Occupational Licensing Does Not Protect Consumers or Improve Services

JULY 01, 2007 by GEORGE C. LEEF

By Morris M. Kleiner Reviewed by George C. Leef

Roosevelt, the Great Depression, and the Economics of Recovery

A Useful Account of the New Deal That Rises Above the Usual Flattery of FDR and His Followers

JULY 01, 2007 by BURTON FOLSOM

By Elliot A. Rosen Reviewed by Burton Folsom, Jr.

John Dewey and the Decline of American Education

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

JULY 01, 2007

by Henry T. Edmondson, III Reviewed by Terry Stoops

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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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