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March 1991

Volume 41, 1991

FEATURES

Why Communism Failed

MARCH 01, 1991 by BETTINA BIEN GREAVES

Three years after the Russian Revolution, an Austrian economist, Ludwig von Mises, argued that Communism would fail and explained why. Communism, or socialism, couldn't succeed, Mises wrote in 1920, because it had abolished free markets so that officials had no market prices to guide them in planning production. Mises was relatively unknown when he made his controversial forecast, but he acquired some international renown later as the leading spokesman of the Austrian (free market) school of economics.

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Cities are vast, complex orders that emerge from the voluntary actions of millions of people. In this issue, we take a look at them, from Sandy Ikeda's examination of the invisible blueprints that define cities, to Rod Lockwood's concept of a free city that could rescue Detroit, to Troy Camplin's theories of why cities exemplify the unity of paradox that defines beauty. Speaking of beauty, we reintroduce poetry to The Freeman. We also introduce The Arena, a monthly debate feature, and much, much more.Download Free PDF

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The Arena is a monthly debate feature designed to help readers explore issues of concern to classical liberals/libertarians.

This month, the issue is immigration. The proposition is: The US should open its borders. Nathan Smith will be arguing for the proposition. A. M. Fantini will be arguing against the proposition.