Freeman

March 1977

Volume 27, 1977

FEATURES

Think Twice Before You Disparage Capitalism

MARCH 01, 1977 by PERRY E. GRESHAM

Capitalism serves miraculously if free from the fetters of limitless state intervention.

Anyone for Utopia?

MARCH 01, 1977 by LOIS H. SARGENT

Dreamers of a better future had best rely on freedom rather than Statist planning and control.

Inflation versus Employment

MARCH 01, 1977 by HENRY HAZLITT

The belief that inflation increases employment is perhaps the most costly myth of the present age.

How Profits Reduce the Cost of Living

MARCH 01, 1977 by BRIAN SUMMERS

Profits are a reward for efficiency.

The Future of Capitalism: Manifest Destiny on the New Frontier

MARCH 01, 1977 by DANIEL PETERSON

A university student's perspective, in this time of crippling intervention.

Freedom Is Exchange

MARCH 01, 1977 by JOAN MARIE LEONARD

Freedom is movement through energy exchanges to the advantage of all concerned.

Let's Choose Socrates

MARCH 01, 1977 by HAVEN BRADFORD GOW

A study of the views of T.S. Eliot as to a genuinely liberal education.

World in the Grip of An Idea: 3. Evolutionary Socialism

MARCH 01, 1977 by CLARENCE B. CARSON

Not by revolution, but through gradualism. democratism, and statism.

Commitment

MARCH 01, 1977 by RIDGWAY K. FOLEY JR.

For silent devotion to principle and open demonstration of purpose.

A Reviewer's Notebook - 1977/3

MARCH 01, 1977 by JOHN CHAMBERLAIN


"Comes the Dawn" by Leonard E. Read

"Twilight of Authority" by Robert Nisbet

"The Pseudo-Science of B.F. Skinner" by Tibor Machan


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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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