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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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Around the world, people are struggling to throw off authoritarianism, with deeply mixed results. From Egypt to Venezuela, determined people build networks to overthrow their regimes, but as yet we have not learned to live without Leviathan. In this issue, Michael Malice and Gary Dudney discuss their glimpses inside totalitarian regimes, while Sarah Skwire and Michael Nolan look at how totalitarian regimes grind down the individual--and how individuals fight back. Plus, Jeffrey Tucker identifies a strain in libertarianism that, left unchecked, could reduce even our vibrant movement to something that is analogous to the grim aesthetic of architectural brutalism. The struggle for our lives and freedom is a struggle for beauty; it begins inside each of us.
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