Freeman

October 2011

Volume 61, 2011

Art Carden and Steven Horwitz remind us of the Progressive Era's ugly past, James Ahiakpor catches Ben Bernanke in a contradiction, Bruce Edward Walker pays tribute to Koestler's Darkness at Noon, Joseph Stromberg debunks the Gilded Age, and much more.


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The New Fed

SEPTEMBER 21, 2011 by SHELDON RICHMAN
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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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