About the Authors

FRANK CHODOROV is Associate Editor of Human Affairs. Peace or Politics is extracted from an article in Analysis, December, 1950. RUSSELL J. CLINCHY, a minister in the Congregational Church, is a staff member of the Foundation for Eco[293 ] nomic Education. Charity: Biblical and Political was first published in 1951. w. M. CURTISS,formerly Professor of Marketing at Cornell University, is a staff member of the Foundation for Eco nomic Education. Athletes, Taxes, Inflation was first published in 1950. Price Supports was first published in 1949. C. L. DICKINSONassists the General Manager of the farm ers' Cooperative G.L.F. Exchange. Dollars Make Poor Eating is extracted from a 1950 address. J. OLLIE EDMUNDS is President of John B. Stetson Univer sity. That. Something is a statement issued by him in May,1951. CRAWFORDH. GREENEWALTis President of E. I. duPont de Nemours & Company. For the Better Economic Life is extracted from a 1951 address.

JOHN M. HANCOCK is a partner in Lehman Brothers. The Freedom to Compete is extracted from his statement before the Senate Trade Policies Committee, Novem ber 9,1948. F. A. HARPER, formerly Professor of Marketing at Cornell University, is a staff member of the Foundation for Eco nomic Education. The Communist Idea (Part III) was first published in 1950. Inflation was first published in [294 ] 1951. Morals and the Welfare State was first published in 1951. HENRY HAZLITI is Associate Editor of Newsweek and Editor of the Freeman. Private Enterprise Regained first appeared as a column in Newsweek, June 27, 1949. BE'ITY KNOWLES HUNT, housewife and mother, is a free lance !writer and columnist. Show Me Any Other Coun try first appeared in the Bridgeport (Connecticut) Post, February 25, 1947. BERTRANDDE JOUVENEL is a noted French author and lec turer in history and economics. NoV acancies was first published in 1948.

MARY G. LACY was formerly Librarian of the Bureau of Agricultural Economics, (U. S. Dept. of Agriculture). Food Control During Forty-six Centuries is extracted from a March, 1922 address before the Agricultural His tory Society. JAMES MADISON was the fourth President of the United States. The Most Dreaded Enemy of Liberty is from Letters and Other Writings of James Madison. CLARENCE MANION is Dean of the College of Law, Notre Dame University. Legalized Immorality is extracted from his book, The Key to Peace (Heritage Foundation, 1950). [295 ] KARL MARX and FREDERICK ENGELS were the authors of The Communist Manifesto. The Communist Idea (Part I) is extracted from pages 32-34 of the New York Labor News Company's 1948 edition of that book. LUDWIG VON MISES, Visiting Professor of Economics at the Graduate School of Business Administration, New York University, is the outstanding representative of the "Austrian school" of economics. The Individual in So ciety is extracted from his book Human Action (Yale University Press, 1950).

BEN MOREELL, former Chief of the Bureau of Yards and Docks, as well as Chief of Civil Engineers of the Navy, is Chairman of the Board of Jones & Laughlin Steel Cor poration. Power Corrupts is extracted from a 1951 ad dress. Survival of the Species was first published in 1950. TOWNER PHELAN is Vice-President of the St. Louis Union Trust Company. Liberalism Stands for Freedom was reprinted from the St.~ Louis Union Trust Company Letter of October, 1948. LEONARD E. READ, formerly Manager of the Los Angeles Chamber of Commerce and Executive Vice-President of the National Industrial Conference Board, is Presi dent of the Foundation for Economic Education. On That Day Began Lies was first published in 1949. The Penalty of Surrender was first published in 1948. [296 ] DEAN RUSSELL, Air Force captain, joined the staff of the Foundation for Economic Education in 1947 after com pleting his formal education. The Bill· of Rights was first published in the Fall 1948 issue of Popular Home Magazine. The First Leftist was first published in 1951.

Ownership in Common was first published in 1951. Wards of the Government was first published in 1950. THOMAS J. SHELLY is a teacher of economics and history at YonkersHigh School in Yonkers,New York. A Lesson in Socialism was first published in 1951. WILLIAM GRAHAM SUMNER was Professor of Political Sci ence at Yale, 1872-1909.On Minding One's Own Busi ness is Chapter VIII of his book, What Social Classes Owe to Each Other (Harper & Brothers, 1883; repub lished by The Caxton Printers, 1952). JOHN UNKEL is employed on the maintenance staff of the Foundation for Economic Education. Some Wandering Thoughts, first published in 1950, was left as a penciled note on the desk of another staff member. [297 ] INDEX A Ability theory, 115 Action, combined, 118, 231 Acton, (Lord) John E.E.D., 62, 210, 279 Administration, objections to, 208 Administrative agencies, governmen tal, 56, 239, 244 Agriculture, price supports program and, 128 Amendments (I-X), Constitution, 33 America beliefs regarding Indians, 201, 222 different from other nations, 12, 35 economic and political system, 21 flag of, 113, 220 folklore of, 261 following bondage path, 202 founders of, 27, 35, 204 government in, see Government ideals, early, 39 principles of, misused, 22 promotion of "positive" laws, 215 relation to welfare state, 207 revolution in, 52, 112 road to disaster, 119. 198. 219 socialism in. 12 standard of living, 17 vote to confiscate earnings, 219 Antitrust laws, 55 Areopagitica. 52 Aristotle, 55. 258 Associational activities analysis of, 239 causes for action, 243 remedy for, 249 voluntary. 246. 250 Associations acts of members, 235 group and individual opinion, 231, 240 voluntary, 239, 246 Attila, 94 Authority concept of, 42, 44, 50. 52, 58, 61, 86,91 exterior and interior, 231 fear of, 53 governmental, 53, 95, 244 lack of responsibility, 121 Authority (Contd.) neo-liberalism, 61 political, 58, 71, 120, 123, 142, 244,286 sovereign, 91 B Babylonia, 290 Baruch, Bernard M., 59 Baseball players, salaries of, 197 Belgium, 15 Biblical references, 160, 166, 169, 172,256,261,268 Bill of Rights, 26, 33, 53 Bombs, atomic, 112, 218 Bondage, 200, 206 Bonneville Administration, 103, 105 Bradford, (Governor) William, 9 Britain, see England Brothers Karamazov, 50 Browder, Earl, 97 Bureaucracy, 92, 94, 133, 290 Business big, 14 dishonest, 94 efficiency in, 139 run by government, 93 Buying, governmental, 120 C Caesar, tax rights, 208 Canadian wheat farmers, and subsidy, 142 Capital and labor, 60 Capitalism, 14, 21, 85, 97 Carry-over, excess caused by improper prices, 137 Cause and Effect, Universal Law of, 266, 272, 274 Centralization of education, 97 of government, 23, 96 of instruments of production, 97 of power, 62 Charity, Biblical and political, 23, 118. 159, 170, 198 Checks and balances, 27, 53, 91. 244 Choice, see Freedom of choice Christ, 50, 161, 166, 171 [298 ] ~tiani~, 22, 162, 208 Citizens free, 120, 201, 205, 245 neo-liberalism and, 62 Civilization, danger to, 91 Closed shop, 60 Coercion agencies of, 239, 244 compulsion and) 23) 74) 80) 85 Collectives chUrch) klbol) and state) 52 compulsory, 164, 174 freedom of, 60 mechanism of) 243) 283 moral code and, 281 versus individualism) 122 Collusion) 158 Commandments, Ten, 257) 268, 272, 282 Commerce clause) in Constitution) 57 Committee practices, 237 Commodities, individual, 128 Common ownership) see Ownership, government Communication, centralization of, 97 Communism American trend toward) 97 concept of freedom) 59 doctrine of) 17) 20 "father)) of) 96 in England, Russia, and Jugoslavia) 95 in Plymouth Bay Colony, 9 Marxian) 58) 163, 273 Russian scientists and, 48 theory of) 61, 215, 219 view of liberty, 58 way to, 219 Competition) freedom of) 85) 142) 157 Compromise definition of) 258 group versus individual) 240 in market place) 255 moral principle and, 256, 270 Compulsion coercion and, 23) 74, 80, 85 in associations, 123 investment under) 104 Confederation Generale du Travail) 146 Confiscation of earnings, 219