Freeman

May 2011

Volume 61, 2011

Ivan Pongracic, Jr., follows Fed Chairman Ben Bernanke on his quest to
fix the economy, Warren Gibson identifies who really owns the Fed,
Peter Leeson and Daniel Smith describe real-world privately generated
law, and Mark Skousen looks for the invisible hand.


FEATURES

Senseless

APRIL 21, 2011 by THOMAS S. SZASZ
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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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