June 1997
Volume 47, 1997FEATURES
John Jacob Astor and the Fur Trade: Testing the Role of Government
How an Entrepreneur Provided Better Products at Lower Cost
JUNE 01, 1997 by BURTON FOLSOM
Three Fallacies of Rent Control
We Can't Always Have Everything We Want
JUNE 01, 1997 by ROBERT BATEMARCO
Should Profits Be Shared with Workers?
Most Workers Want to Reap Gains without Risking Losses
JUNE 01, 1997 by DWIGHT R. LEE
First, Let's Deregulate All the Lawyers
Unauthorized Practice of Law Statutes Make Many Consumers Worse Off
JUNE 01, 1997 by GEORGE C. LEEF
The Pervasive Duty to Rescue
Only Private Charity Can Help Those Truly in Need of Assistance
JUNE 01, 1997 by DONALD KOCHAN
The Mont Pelerin Society's 50th Anniversary
The Society Helps Keep Alight the Lamp of Classical Liberalism
JUNE 01, 1997 by GREG KAZA
Russell Kirk's Conception of Decadence
Kirk Thought the Road to Avernus Captured America's Downward Descent
JUNE 01, 1997 by GLEAVES WHITNEY
The Gift of a Child: The Promise of Freedom
Immediate and Exclusive State Control Has Ruined Education
JUNE 01, 1997 by CLARK DURANT
Insurance Redlining and Government Intervention
Forcing Firms to Sell at Regulated Prices Is Detrimental to Consumers
JUNE 01, 1997 by GARY WOLFRAM
Frederic Bastiat, Ingenious Champion for Liberty and Peace
Bastiat Was a Scintillating Advocate of an Untrammeled Free Market
JUNE 01, 1997 by JIM POWELL
Frederic Bastiat ranks among the most spirited defenders of economic freedom and international peace.Nobel Laureate F.A. Hayek called Bastiat a publicist of genius. The great Austrian economist Ludwig von Mises saluted Bastiat's immortal contributions. Best-selling economics journalist Henry Hazlitt marveled at Bastiat's uncanny clairvoyance. Said intellectual historian Murray N. Rothbard: Bastiat was indeed a lucid and superb writer, whose brilliant and witty essays and fables to this day are remarkable and devastating demolitions of protectionism and of all forms of government subsidy and control.

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