Freeman

A monthly journal of liberal and progressive politics. Articles include historical analysis, original research, and critical essays.

Articles from Vol. 55, No. 3, April

An Aging Population Is No Threat to a Free Society
In an essay last year, economist Phil Mullan, the author of The Imaginary Time Bomb: Why an Ageing Population h Not a Social Problem, addresses widespread concerns over the rising proportion of older people in Western societies due to falling birth and...
Another Victim of the Drug War
It's not pleasant to hear Dr. Frank Fisher speak. I first heard him several months ago at a briefing on the Drug Enforcement Administration's war on prescription painkillers in Washington, D.C. His eyes tend to glass over through much of his speech,...
Beware Democracy without Liberty
A fundamental fallacy of our time is that democracy is the open-sesame to peace, freedom, and prosperity. The recent elections in Ukraine, Iraq, and Saudi Arabia, and the promise of a contested presidential election in Egypt, are hailed as evidence of...
Capital Letters
Was There Money in the Original "Star Trek"?To the Editor:In the December 2004 issue of The Freeman, P. Gardner Goldsmith criticizes "Star Trek" for foolishly postulating that we could do without money. He presents us with an argument of the following...
"Corporate" Power Alone Is the Problem? It Just Ain't So!
One of the tried and true formulas for giving a speech is the "loss of the golden days" approach. The speaker contrasts an imagined time in the past when things were good with present conditions. The present, of course, is bad and rapidly getting worse....
Déjà Vu All over Again
"[A]ll things recur eternally. . . ."-Nietzsche, Thus Spake ZarathustraSometimes I think Nietzsche was right.It happens when I read things like this from the New York Times last January: "An international team sponsored by the United Nations proposed...
Economic Freedom: The Path to Development
Economie development has historically been exceptional rather than typical. As Peruvian economist Hernando de Soto has observed in The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, capitalism has been successful mainly...
Free-Market Justice Is in the Cards
Nearly everyone takes it for granted that if government did not protect consumers from fraud, no such protection would be provided. The free market, however, protects consumers in countless ways, all without any government intervention. In fact, it does...
Half Full or Half Empty?
It's easy being pessimistic about the future of America, especially for those of us who are classical liberals. We prefer limited government, yet government seems to continue to grow in all soils, in all weather, no matter which party's watching the...
Ludwig Von Mises and the Vienna of His Time: PART II
From the time of World War I, Ludwig von Mises's writings expressed the classical-liberal cosmopolitan conception of man, society, and freedom. Throughout the interwar period his works on the general principles of the liberal market order, the dangerous...
Mugged by the State
Mugged by the State by Randall Fitzgerald Regnery Publishing * 2003 * 155 pages * $27.95 hardcoverMost Americans believe that if they raise their kids well, attend church, work 9 to 5, and pay their taxes, they can pretty much go about life unhindered...
On Price Gouging
The immediate aftermath of a natural disaster inevitably brings much higher prices for staple goods, such as lumber, batteries, fuel, and bottled water. Just as inevitably, these higher prices are roundly decried as unjust and inexcusable.Such price...
The Business Revolution of the Nineteenth Century
The business corporation is one of the most maligned and disliked institutions of our time. The criticism comes from many parts of the political spectrum, and its substance has become a common-sense assumption for many. As ever, much of this criticism...
The Myth of Available Pain Care
America is in the midst of an ongoing epidemic of undertreated chronic pain. This fact is confirmed by surveys such as "Chronic Pain in America: Roadblocks to Relief," which is posted on the American Pain Society website (www.ampainsoc.org/ whatsnew/toc_road.htm)....
The Roaring Nineties: A New History of the World's Most Prosperous Decade
The Roaring Nineties: A New History of the World's Most Prosperous Decade by Joseph E. Stiglitz W.W. Norton * 2003/2004 * 416 pages * $25.95 hardcover; $15.95 paperbackIn an earlier book, Globalizadon and Its Discontents, Joseph E. Stiglitz argued that...
The Unconstitutionality of Protectionism
Even the staunchest free trader might reluctantly concede that the apparatus of protectionism-tariffs, import quotas, and antidumping duties-is constitutional because clause 3 of Article I, section 8, of the U.S. Constitution delegates to Congress "power...
Understanding the Process of Economic Change
Understanding the Process of Economic Change by Douglass C. North Princeton University Press * 2005 * 187 pages * $29.95In the late 1980s, as the Soviet empire began to collapse in central Europe, a burning policy issue emerged: how to transform socialist...
Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes
Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes by William H. Gates, Sr., and Chuck Collins Beacon Press * 2003/04 * 166 pages * $25.00 hardcover; $15.00 paperbackWhen the father of the world's richest individual and the cofounder...