Chapter 55 of 56 · The Freeman 1958, Vol. III by Foundation for Economic Education
Index
buying and selling, 202 tariffs, 367 D Day, Cameron, 17n Debs, Eugene V., S8 Debt, cycles of, 293 Declaration of Independence, 132 [441 ] Demand and supply. See Production Democracy,133 ' Depressions, 118 Diocletian, 186 Discount houses, 17 Distribution chain store, 15 housing, 327 wealth and, 125 Douglas, Lloyd C., 108 Draper, John William, 189n Dykes, E. W.; parking lots, 357 E Earle, E. M., 389n Economics competitive, 13 defined, 176 lawof,121 myths of capitalism, 192 understanding, 174 war, 385 Education competition and, 23, 122 economic, 121 government, 81, 308 libertarian, 230 mass, 171 personal, 146 Egypt, slavery in, 302 Emotional stability, 163 Empire building, 385 Employment. See Labor Engels, Friedrich, 99, 125 England. See Great Britain Equality housing, 335 rights, 132 wealth and, 123 Europe, wars in, 385 Exchange. See Trade Exports and imports. See Trade F Farming. See Agriculture Federal Farm Board, 257 FeUdalism, 386 Fish, Stuyvesant, 26 Food. See Agriculture Force imposed, 230 kinds of, 83, 397 see also, Government France government aid in, 24 liberty in, 190 socialistic, 401 trade, protective, 324 Free market advantages in, 75, 109, 171 Canadian, 284 currency, 381 destruction of, 41 housing, 346 peace and, 417 prices determined by, 118,211, 329 principle of, 123, 286 profit and loss in, 284 rewards of, 63 trade, 211 Freedom. See Liberty G Germany, social insurance in, 414 Ghost towns, 269 Gompers, Samuel; legislated security, 413 Government aggressive, 285, 397 agriculture under, 22, 254, 256 aid. See Subsidies bonds,38 Canadian, 284 capitalistic, 75, 109, 192 Chinese, 272 communistic, 99, 125, 264 controls (map), 81 defined, 137 democratic, 133, 266 dependence on, 235 education, 81, 308 English, 193, 198 extended,80 French,24 German, 413 housing, 327 Indian, 26 insurance, 414 international, 417 limited, 219, 352 monopoly. See Monopoly ownership. See Ownership popUlation, effects on, 66 power of, 302, 401 prices, 425 role of, 93, 227 socialistic. See Socialism source of, 139 spending,32,122,243 tariff, 22, 367 tax. See Taxation trade. See Trade [442] Government-( Continued) warfare and, 377, 385 Welfare State, 57, 89, 97, 272 Great Britain industry in, 193 political weapons in, 198 Greaves, Percy L., Jr.; spending and prosperity, 243 H Harlow, A. F., 27n Harper, F. A.
economic understanding, 174 farm programs, 256 liberty, path to, 189n, 319n prosperity, 66 Hat Corporation, 21 Hayek, F. A., 189n; economic myths of capitalism, 192 Hazlitt, Henry food prices, 425 tax on progress, 99 Hoover, Herbert; uncommon man, 144 Houser, Theodore, 18 Housing controlled, 96, 327 industrial effects on, 197 prices, 329, 345 projects, 343 subsidized, 330, 346 Huc, M.; Chinese Welfare State, 272 Human behavior, 57, 83, 144, 146 I Imperialism, Chinese, 272 Income agricultural, 258 Canadian, 284 inequality of, 123 national, 50, 258 risks, 32, 284, 426 Social Security, 32, 428 source of, 291 tax. See Taxation wage laws and, 114 India, textiles in, 26 Individualism defense of, 215 education and, 81, 146, 308 housing preferences, 333 rights of, 136 social vs. antisocial, 223 Industry automobile, 20, 340 coal,32 English, 193 photographic, 371 protection of, 367 textile, 26, 202 see also, Labor Inflation results of, 251 tax, 32, 40, 428 Injustice, social, 413 Insurance German, social, 414 government, 413 mortgage, 331 Social Security, 32, 428 Interventionism. See Government Investments Canadian, 284 risk of, 32, 284, 426 Israelites, 302, 312 J Jehovah,313 Joseph's dream, 303 Juvenile delinquency, 351 K Kraemer, Casper J., 189n L Labor demands, 43 deterioration of, 192 displacement fallacy, 198 division of, 93, 194 housing and, 341 insurance, 413 protection of, 367 relations, 290 rewards for, 99 textile, 26, 202 unions, 21 wages, 37, 58, 114 war effects on, 391 Lactantius, 186 Laissez faire, 296, 391 LaTourette, Kenneth Scott, 229 Law association, 419 Corn, 198 economic, 121 exchange, 258 necessary, 153 security, 32, 413, 428 wage, 114 Lebhar, Godfrey M., 19n Leisure, 146, 165 [443 ] Libertarianism, 9, 55, 89, 215, 230 Liberty challenge of, 63, 106, 298 education for, 171, 230 French,19O history of, 364 miracle of, 422 protection of, 413 responsibility and, 63, 171, 230 trade under, 191, 284 use of, 302 see also, Free market Liddell Hart, B. H., 189n Lobbying, 89 Lutz, Harley L., 99 M ~achinery, 194, 199 Man forgotten, 57 human behavior of, 57, 83, 144, 146 uncommon, 144 Management, influences on, 240; see also, Government Manion, Clarence E.; social security tax,428 Marx, Karl, 99, 125 ~~s, education of, 171 Maus, F. L.; something for nothing, 235 McBain, Hughston M.; both-sides idea, 355 McCaffrey , John L.; corporation bosses, 240 ~c~ey, William, 367 Moos, C.E.K., 189n Migration, 385 Miners, coal, 32 Mises, Ludwig economics of war, 385 inequality of capital, 123 Money Canadian investment, 284 convertibility, 381 debased, 324 dispersal of, 258 see also, Wealth Monopoly basis of, 94 business, 289 coercive, 137 government, 81, 348,417 housing, 348 prices, 211 wheat, 256 Morality collectivism and, 91 concept of, 220 power of, 138 resources of, 161 violence and, 84 Moreell, Ben, 189n N Nationalism, 385; see also, Govern ment o One Worldism, 417 Opitz, Edmund A.
government extended, 80 individual defended, 215 Organization, kinds of, 102 Ownership deprived of, 194 essence of, 305 housing, 96, 197, 327 limited,80 parking lot, 357 personal vs. government, 136 responsibilities of, 63 rights, 34, 140, 182 P Palmer, R. R., 389 Parity programs, 259; see also, Subsidies Parking lots, 357 Pea.ce, 385, 417 Pensions, 32, 211 Percy, Charles H., 370 Philip of Valois, 324 Phillips, Charles F.; competition, 13, 16n Philosophy libertarian, 9, 55, 89, 215, 230 need for, 157 Poirot, Paul L. agrarian reform, 306n free market prices, 211 housing, 327 Social Security, 32 wages, minimum, 114 Politics education in, 146 food prices and, 425 power of, 90, 420 weapons of, 197 PopUlation effects on, 269 growth of, 195 trends, 66 [444 ] Poverty, 198, 295 Pressure groups, 89, 425 Prices determination of, 118, 211, 329 farm, 22, 254, 256, 425 housing, 329, 345 monopoly, 211 wheat, 256 Principles, inflexible, 324 Privacy, education for, 146 Procreation, 66 Production automobile, 20, 340 Canadian, 284 coal,32 coffee, 425 determination of, 123 farm, 22, 254, 256, 425 federal, 80, 122, 243 increase of, 195 influence on, 397 prices. See Prices prosperity and, 66 results of, 75, 109 socialism and, 141 taxed, 50 war, 341 welfare affected by, 263 wheat, 256 Profits free market, 284 textile, 202 Proletariat, 194 Property. See Ownership Prosperity government spending and, 243 growth of, 285 principle of, 75, 286 production and, 66 Purchasing power, 40, 265, 294 R Railroad folklore, 27 Randall Commission, 22 Rauschning, Hermann, 189n Recreation, 95 Read, Leonard E.
action, securing, 102 America, ideal, 55 kinds of influence, 397 self-interest, 200, 397 slavery possible, 280 Reform, political, 146 Religion, 220, 302; see also, Morality Rent control, 96, 331 Responsibility education and, 81, 308 housing, 327, 352 individual vs. government, 215 liberty and, 63, 171, 230 Retailing, 15 Retirement, 32, 428 Rights equal,132' free men and, 265 natural, 136 property, 34, 140, 182 source of, 136 Risks, 32, 284, 426 Robbery, 85, 235 Rogers, James M.; slavery, 302 Russell, Dean conscription, 319n libertarianism, 9 liberty history of, 364 promoted, 230 millionaires wanted, 75 Rutledge, Archibald; security be trayed,29 s Samuel,313 Schinnerer, Mark C.; education, 121 Schurz, Carl; equal rights, 132 Security betrayal of, 29 legislated, 413 private vs. public, 298 social, 32, 428 Self-contrOl, 164 Self-improvement, 105 Self-interest, 190, 200 Seven-to-one idea, 257 Slavery definition of, 321 origin of, 403 surrender to, 280 violence and, 84 ways to, 302 Slums, 336, 344 Social conscience, 196 Social power, 418 Social Security, 32, 428 Socialism advocates of, 126, 136 Chinese, 272 democratic, 266 detriments of, 300 French, 401 housing and, 340 [445 ] Socialism-( Continued) inefficiency in, 112 parking lots and, 357 production and, 139, 141 rise of, 57 Society, concern for, 92, 417 Sollitt, Kenneth W.; security, 298 Something for nothing, 235 Song, dynasty of, 272 , Sparks, John C.; free to try, 63 Speculation, 32, 284, 426 Spencer, Herbert; principles inflexible, 324 Spending, federal, 32, 122, 243 Sse-ma-kouang, 276 Standard of living determination of, 269 improved, 290 reduced, 192, 196 wages and, 114 State power, 401; see also, Govern ment Subsidies agricultural, 22, 254, 256, 264 French,24 housing, 330, 346 use of, 57, 269 wheat, 256 Sumner, William Graham, 57 Supermarkets, 19 SurplUS, agricultural, 264 T Taft, Robert, 346 Tariff, 22, 367 Taxation evils of, 126, 184 housing and, 331, 346 income, 37,58 inflation, 32, 40, 428 method of, 49 parking lots and, 357 production and, 50 progressive, 281 Social Security, 32, 428 tariff, 22, 367 use of, 269 Ten Hoor, Marten; education for privacy, 146 Texas, subsidy for, 254 Textile industry, 26, 202 Theocracy, 312 Thuesen, H. G.; free market rewards, 109 Trade agriculture and, 22, 256; see also, Agriculture barriers, 367, 385 cause of, 263 competitive, 13 currency and, 381 English, 198, 383 foreign, general, 22, 370, 425 French, 190,324 government, 211 isolation and, 377 laws, 258 liberty in, 190, 284 nature of, 109 protective, 324 retail, 15 Transportation, 20, 340, 357 U Unions, 21 United Nations, 417 v Violence, 83 Voting, 256 w Wages minimum, 114 taxed, 37, 58 see also, Income Wang-ngan-che, 273 War economics, 385 production, 341 reciprocal trade and, 377 Wealth accumulation of, 75, 114 growth of, 192, 196 inequality of, 123 national, 80 sharing, 269; see also, Socialism source of, 291 see also, Money Weaver, Henry Grady; education for freedom, 171; 189n Welfare State Imperial Chinese, 272 objectives of, 89 platform of, 97 rise of, 57 see also, Government Wenzlick, Roy, 339n What Social Classes Owe to Each Other, 57 Wheat production, 256 Williams, Roger J., 189n Winder, George; currency converti bility, 381 [446 ]
The Freeman 1958, Vol. III
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