December 1978
Volume 28, 1978FEATURES
Glory Be!
DECEMBER 01, 1978 by LEONARD E. READ
True glory consists of the service of truth and freedom.
The "Invisible Hand" or the Heavy Hand?
DECEMBER 01, 1978 by JOHN MONTGOMERY
A timely reminder of the dangers we face if we allow controls to close the market.
Are Successful Businessmen Just Lucky?
DECEMBER 01, 1978 by BRIAN SUMMERS
Not by pure chance, but by the foresight of businessmen, are consumers served efficiently.
Government Spending Must Be Cut
DECEMBER 01, 1978 by HANS SENNHOLZ
Meaningful tax reform hinges on the moral strength to resist special privileges government may arrange.
World in the Grip of an Idea: 24. The Cold War: The Spread of Communism
DECEMBER 01, 1978 by CLARENCE B. CARSON
Communism is less a political theory than a set of claims and promisesjustificationsfor holding and exercising power.
Native Pottery Only
DECEMBER 01, 1978 by WILLIAM L. BAKER
A study of the harmful effects of "protectionism," as applied during the Civil Waror today.
Austerity, Waste, and Need
DECEMBER 01, 1978 by E.C. PASOUR
In the absence of market signals, the regulator faces severe information problemsand consumers suffer needlessly.
A Human Action Taxonomy
DECEMBER 01, 1978 by DALE M. HAYWOOD
We interact in society voluntarily or coercively and the consequences make all the difference.
A Reviewer's Notebook - 1978/12
DECEMBER 01, 1978 by JOHN CHAMBERLAIN
"Adam Smith and the Wealth of Nations" edited by Fred Glahe
"Adam Smith: Man of Letters and Economist" by Clyde E. Dankert
"Government by Judiciary: The Transformation of the Fourteenth Amendment" by Raoul Berger




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