September

the Freeman VOL. 18, NO.9. SEPTEMBER 1968 Misrepresentationsof Capitalism John O. Nelson 515 Protesting the treatment accorded the builders of the free economy by some latter-day interpreters. Failure of Politics George Hagedorn 524 Taxing producers invariably aggravates the problems of the poor. life Begins at Seventy Leonard E. Read 527 Concerning the danger of retirement before one has come to maturity. The Rise and Fall of England: 7. The IndustrialSurge Clarence B. Carson 532 Describing the improved agricultural and industrial production and trade during the eighteenth and nineteenth centuries. Cheating Without Knowing It Paul L. Poirot 544 How we shortchange ourselves when we hide in a majority and impose our will on others at their expense. Freedom Cuts Two Ways Robert C. Tyson 548 Before any of us can blithely dismiss our external restraints, each of us must assume a solemn moral obligation to restrain himself.

Separation of Powers and the Labor Act: III. Judicial Courts vs. AdministrativeCourts Sylvester Petro 553 The Constitutional arrangement of the judiciary functions of government makes the difference between the rule of law and control by dictatorial whim. Devolution James E. McAdoo 567 What happens when a creature loses its freedom and dignity. The Exploitation of the Virtuous Robert James Bidinotto 568 A young man reminds us that the chief victims of the welfare state are those robbed of their properties - including their integrity. Book Reviews 573 "Special Counsel" by William A. Rusher "The Jeweler's £ye"by Witli-am F. Buckley, Jr. Anyone wishing to communicate with authors may send the Freeman A MONTHLY JOURNAL OF IDEAS ON LIBERT~ IRVINGTON·ON-HUDSON, NEW YORK TEL.: (914) 591·7230 LEONARD E. READ PAUL L. POIROT President, Foundation for Economic Education Managing Editor 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.

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 a:ny amount-$5.00 to $10,OOO-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 "The Rise and Fall of England."