All Commentary
Friday, December 1, 1989

Perspective: Letter from China

Editors’ Note:

The following letter was received from a student at The People’s University of China in Beijing. In light of current conditions in China, we are withholding the student’s name.

August 3, 1989

Dear Sir:

As a postgraduate student specializing in history of economic thought, I have been devoting my mind to the causes and development of various schools of thought for several years; especially concentrating my attention on development of thought of the Austrian school, from the great founder, Carl Menger (1840-1921), to the prominent thinker, Friedrich A. Hayek (1899-). The extensive and profound thought of the Austrian school is a great contribution to the world of human thought in general.

It is for me the greatest pleasure that I recently have learned that your foundation is enthusiastic in promoting the study and propagation of liberalism economics [free market economics], especially the economic thought of the Austrian school. So I am writing to you to ask your advice.

I should be greatly obliged if you could send me some recent books or materials on the study of liberalism economics or the thought of the Austrian school and give me further information about your foundation.

Thank you very much. I look forward to hearing from you soon.

Sincerely yours,

We responded by letter and sent a packet of materials.

Our Friends in Argentina

For more than 30 years, FEE has worked closely with leading classical liberals in Argentina. FEE staff members and Trustees have spoken before Argentine audiences, and Argentine students travel to Irvington to attend FEE seminars. Thus, we are especially pleased to present Richard Cooper’s article, “Argentina at the Crossroads” (p. 488), which describes the work of many of our Argentine colleagues.

Felix Morley Prize Winners

Six young Freeman authors have been honored in the 1989 Felix Morley Memorial Writing Competition sponsored by the Institute for Humane Studies. Congratulations to David Bernstein, Christopher L. Culp, Matthew Hoffman, David Hood, John Hood, and Greg Kaza.

The Freedom Philosophy

Every person has an inherent right to life and liberty, and to the self-enrichment of his life commensurate with his aspirations, dedication, and abilities.

Every person has the right to create, acquire, hold, use, and dispose of his property, limited only by the prohibition against infringing the rights of others.

People have the right to form governments whose only responsibility and authority is to protect the rights of individuals against violence, threats, and fraud.

Governments have no right to violate the inherent rights of individuals through majority vote, legislative power, or other means.

Individuals have the right to produce and trade goods and services throughout the world, unen-cumbered by government intervention, subject only to the prohibition against violating the rights of others.

—G. F. Maughmer
align=”right”>— Escondido, California