Freeman

July 1977

Volume 27, 1977

FEATURES

Unemployment Is Rising

JULY 01, 1977 by HANS SENNHOLZ

The Keynesian formula of spending for full employment is teaching a costly lessonif we will learn.

Is There an Unfavorable Balance of Trade?

JULY 01, 1977 by LAWRENCE W. REED

Still prevalent is the mercantilist notion that a nation should have an excess of exports over imports.

World in the Grip of an Idea: 7. Russia - The Reign of Terror

JULY 01, 1977 by CLARENCE B. CARSON

How terror is used to bring submission to Communist Party rule.

Education in a Free Society

JULY 01, 1977 by MARK SPANGLER

A free market would serve the educational demands of parents and children, without coercion.

Madison's Answer to Machiavelli

JULY 01, 1977 by JOHN WESLEY YOUNG

Concerning the legal relation of organized religion to government in a republic.

A Reviewer's Notebook - 1977/7

JULY 01, 1977 by JOHN CHAMBERLAIN


The Next Two Hundred Years" by Herman Kahn, William Brown and Leon Martel

The Price Controls Game" by Mark Skousen

James J. Hill and the Opening of the Northwest" by Albro Martin

Superfluous Men: Conservative Critics of American Culture, 1900-1945" edited by Robert M. Crunden


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For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited out social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
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