Freeman

October 1974

Volume 24, 1974

FEATURES

A Theme for the Bicentennial: The Founding Fathers' Fear of Power

OCTOBER 01, 1974 by ALLAN BROWNFIELD

A review of the early warnings about the concentration of political power.

What Does America Owe to the "Third World"?

OCTOBER 01, 1974 by NEERA BADHWAR

A reasonable doubt as to the efficacy of intergovernmental foreign aid.

Why Gold Is Money

OCTOBER 01, 1974 by ROBERT L. GUARNIERI

Traders decide which form of money to trust.

Why Is Liberalism Endemic?

OCTOBER 01, 1974 by CHARLES R. LADOW

Concerning the continued popularity of a social system that is such a failure.

Economic Calculation

OCTOBER 01, 1974 by BRIAN SUMMERS

Socialism cannot function without a means for economic calculation.

Marx, Mises and Socialism

OCTOBER 01, 1974 by DAVID OSTERFELD

Further thoughts concerning the vital role of the market and money for economic calculation.

Regulation Helps the Rich and Harms the Poor

OCTOBER 01, 1974 by BERNARD SIEGAN

A cogent reason why government should be limited.

Dog-Eat-Dog Competition

OCTOBER 01, 1974 by M. NORTHRUP BUECHNER

Market competition is the activity of two or more parties pursuing the same customers' dollars by offering the highest values in exchange.

The High Cost of the Draft

OCTOBER 01, 1974 by DWIGHT R. LEE, ROBERT MCNOWN

The question here concerns who should pay the bill.

Laws Versus Tyranny

OCTOBER 01, 1974 by LEONARD E. READ

Obedience to the moral law brings peace and harmony.

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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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