Freeman

October 1999

Volume 49, 1999

FEATURES

The Berry Bikes: A Lesson in Private Property

An Inexpensive Example of the Tragedy of the Commons

OCTOBER 01, 1999 by E. FRANK STEPHENSON, DANIEL L. ALBAN

The Encryption Scramble

Why Can't Americans Publish Data-Encryption Programs?

OCTOBER 01, 1999 by CLAUDE MORGAN

Bought and Sold: Drug Warriors and the Media

The Federal Government and the Media Form an Unholy Taxpayer-Financed Alliance

OCTOBER 01, 1999 by PAUL ARMENTANO

Wilhelm Röpke: A Centenary Appreciation

Röpke Was a Prophet Warning of the Dangers from a Loss of Our Moral Compass

OCTOBER 01, 1999 by RICHARD EBELING

Money and Gold in the 1920s and 1930s: An Austrian View

The Federal Reserve's Monetary Policy Was Consistently Inflationist

OCTOBER 01, 1999 by JOSEPH T. SALERNO

Market Money and Free Banking

Any Quantity of Money Is Adequate Because Prices Will Adjust

OCTOBER 01, 1999 by BETTINA BIEN GREAVES

Who's Locked In to What?

Government, Not the Market, Locks People into Bad Situations

OCTOBER 01, 1999 by DONALD BOUDREAUX

Health Care: Over the Canadian Cliff?

The United States Faces a Stark Choice Regarding Health Care

OCTOBER 01, 1999 by DOUG BANDOW

The Love of Economics

Economics Is Focused on Human Choice

OCTOBER 01, 1999 by SHELDON RICHMAN

Comparative Advantage

Free Trade Benefits High-Paid U.S. Workers

OCTOBER 01, 1999 by DWIGHT R. LEE
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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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