May

The Price Is Not Right Something for nothing invariably costs too much. Jess Raley 269 Statisticsand Poverty Harry l. Smith 272 There is no statistical or governmental way to eliminate a "lower third" from any society, but their lot can be vastly improved through freedom. How Welfarism Has Led to Britain's Troubles Anthony Lejeune 277 A friend from Britain advises Americans to reject the welfare state before suffering its inevitable consequences. The Rise and Fall of England: 3. Political Foundations of Liberty Clarence B. Carson 282 A review of political steps taken to establ ish and safeguard the rights of the individual and limit the powers of government. Making Travel a Crime William Henry Chamberlin 293 A government that can deny a peaceful citizen's freedom to move is well along toward absolute tyranny. A Sure-Fire Remedy Leonard E. Read 299 To overcome one's socialistic urge requires only that he take his own medicine to its logical conclusion.

A Lesson in Time John O. Nelson 303 The United States government literally didn't know what time it was until private enterprise fixed the clock. Equality? Edward Y. Breese 308 Equal opportunities to different persons yield unequal results. Book Reviews 312 "The World of Andrew Carnegie" by Louis M. Hacker "The Balance of Payments: Free vs. Fixed Exchange Rates" by Milton Friedman and Robert V. Roosa "The last Hero: Charles A. Lindbergh" by Walter S. Ross Anyone wishing to communicate with authors may send first-class mail in care of THE FREEMAN for forwarding.

the Freeman A MONTHLY JOURNAL OF IDEAS ON LIBERTY LEONARD E. READ PAUL L. POIROT President, Foundation for Economic Education Managing Editor THE F R E E MAN 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 $10,000-as the means of maintaining and extending the Foundation's work. Copyright, 1968, 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; 10 for $2.50; 25 or more, 20 cents each.

Any current article will be supplied in reprint form upon sufficient de mand to cover printing costs. Permission is hereby granted to reprint any article from this issue, providing customary credit is given, except "How Welfarism Has Led to Britain's Troubles," and "The Rise and Fall of England."