August

o I enclose my check (or money order) for $,_~__ Please open a Coast Federal Savings account STREET _ o Individual 0 Joint in the name(s) of CITY THE FREEMAN AUGUST 1966 Vol. 16, No.8 II'" Indiscriminate bombing with Fed eral Aid in the War on Poverty vic timizes those who most need to know how to help themselves p. 3 II'" The heroic stand of stalwart men pervades our history and constitutes our heritage - lest we forget ....p. 12 yt' Henry Hazlitt rests his case for in ternational investment on the forces of the market rather than the vagaries of intergovernmental alliances and political chance p. 16 J;I" The Reverend Norman S. Ream spells out his faith in free enterprise, among free men, under God ..... p. 26 II'" Those robots of automation, so widely held as causing unemployment, can be a boon to those who understand and use them wisely, contends Leonard Read . p. 32 yt' From Britain's Institute of Directors comes a timely warning of the dangers of government interference in business matters p. 41 yt' Getti ng back to the Constitution, as Professor Carson suggests in this chap ter, calls for a renewed understanding of the reasons for limiting governmental powers.... . p. 45 yt' In Konrad Adenauer's Memoirs 1945-53, John Chamberlain finds the spiritual, economic, and political foun dations for the "German miracle"

............ p. 60 ~ And Robert Thornton delights in Russell Kirk's commentaries on The Intemperate Professor and Other Culttural Splenetics p. 63 Anyone wishing to communicate with authors may send first-class mail in care of THE FREEMAN for forwarding.

AUGUST 1966 LEONARD E. READ PAUL L. POIROT Vol. 16, No.8 President, Foundation for Economic Education 1l1anag'ing Edito1· THE FREEMAN is published monthly by the Foundation for Economic Education, Inc., a non political, nonprofit educational champion of private property, the free market, the profit and loss system, and limited government, founded in 1946, with offices at Irvington-on-Hudson, New York. Tel.: (914) 591 7230. Any interested person may receive its publications for the asking. The costs of Foundation projects and services, including THE FREEMAN, are met through voluntary donations. Total expenses average $12.00 a year per person on the mailing list. Donations are in vited in any amount....;.$5.00 to $10,OOO-as the means of maintaining and extending the Foundation's work. Copyright, 1966, The Foundation for Economic Education, Inc. Printed in U.S.A. Additional copies, postpaid, to one address: Single copy, 50 cents; 3 for $1.00; 25 or more, 20 cents each.

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