June

Private Enterprise in the Public Interest . 1965 Annual Report, United States Steel Corp. 37 George Charles Roche III 13 William Henry Chamberlin 17 3 26 42 56 61 23Ludwig von Mises Edmund A. Opitz George Sutherland Clarence B. Carson Leonard E. Read John Chamberlain JUNE 1966 Books: How Price Control Leads to Socialism . Private Rights and Government . Progress - the Flower of freedom . The Flight from Reality: 21. The Bent to Destruction IIPlease Step Aside . .." . Decline and Fall of Silver Coins • Some Thoughts on Censorship Socialism by Seduction COAST FEDERAL SAVINGS AND LOAN ASSOCIATION DepartmentFl, 9th & Hill Sts., Los Angeles, California90014 6-112Al ::::<»#1111••,,,, ..1 ________ ~ STATE _ STREET ---------CITY o Please send me a FREE copy of "What's Inflation?" o I enclose my check (or money order) for $ _ o Please open a Coast Federal Savings accounto Individual o Joint in the name(s) of NAME _ ~ ~ COAST FEDERAL SAVINGS *" AND LOAN ASSOCIATION ~>:; ~ The Gross National Product would be useful information for anyone buy ing or selling a nation; but those who deal peacefully in goods and services are better guided by market pricesand freedom p. 3 ~ Professor Roche reminds us that Diogenes knew, several hundred years ago, that the individual could not sur vive the blessings of the Great Society ....... p. 13 ~ The seductive lure of government intervention, however, continues to blind citizens to the inevitable accom panying controls, finds William Henry Chamberlin p. 17 "", And Professor Mises explains pre cisely the sequence to absolute con trol when the government starts tam pering with the market to help someone p. 23 ~ Almost half a century ago, and prior to his appointment to the Su preme Court, Justice George Suther land pointed out with prophetic in sight and clarity the vital role of government in defending - or destroying - private rights p. 26 .~ The 1965 Annual Report of the United States Steel Corporation points out clearly how the public interest is well served by private enterprise ........ p. 37 ~ In this chapter of The Flight from Reality, Professor Carson shows how the destructive tendencies of imma ture individuals are exhibited in their plans for society p. 42 ~ The Reverend Mr. Opitz suggests that, rather than a law to prevent the writing and reading of intellectual garbage, we need more freedom which will afford a better diet for the mind p. 56 ~ John Chamberlain finds that he had forgotten more than the Treasury experts seemed to know about Gresham's law, as he reviews Wooden Nickels by William Rickenbacker ........ p. 60 .~ P.S. Don't miss the message from Warner & Swasey on the inside back cover.

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JUNE 1966 LEONARD E. READ PAUL L. POIROT Vol. 16, No.6 President, Foundation for Economic Education Managing 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 goYernment, founded in 1946, with offices at Irvington-on-Hudson, New York. Any interested person may receive its publications for the asking. The costs of Foundation projects and services, in cluding THE FREEMAN, are met through volun tary donations. Total expenses average $12.00 a year per person on the mailing list. Donations are invited in any amount - $5.00 to $10,000 - 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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