February

Rights and Pseudo-Rights John D. Lindl 73 A genuine right applies equaUy to all, at the expense of no one in particular. On Re-readingTHE LAW A book worth reading is worth reading again. Ra,y L. Colvard 76 From Price Control to Valley Forge: 1777-78 Percy L. Greaves, Jr. 81 A timely reminder of the sorry consequencesof closing the market. We and the Third World Erik von Kuehnelt-Leddihn 85 A realistic appraisal of the prospects of helping the developing nations. The Modern VolunteerArmy David J. Kramer 95 Concerning various aspects of the draft-army mentality that are inconsistent with a voluntary organization. Should We Divide the Wea,lth? Henry HazliU 100 To concentrate on the division of wealth is to neglect the production upon which all else depends. Free.Givingvs.the Welfare State Charles R. LaDow 109 Personal giving is the only kind; and it is best done voluntarily. The Foundingof the American Republic: 7. The First American Crisis: 1763-66 Clarence B. Carson 112 How George III and Parliament set the stage for colonial resistance.

Book Reviews: 125 "Toward Liberty" by various authors on 90th birthday of Ludwig von Mises. "First Things, Last Things" by Eric Hoffer Anyone wishing to communicate with authors may send first-class mail in care of THE FREEMAN for forwarding.

tt1e Freeman A ·MONTHLY JOURNAL OF IDEAS ON LIBERTY IRVINGTON·ON·HUDSON. N. Y. 10533 TEL.: (914) 591·7230 LEONARD E. READ PAUL L. POIROT P1'esident, 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. 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, 1972, 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.

Articles from this journal are abstracted and indexed in Historical Abstracts and/or America: History and Life. THE FREEMAN also Is available on microfilm, Xerox University Microfilms, Ann Arbor, Mich igan 48106. Permiss'ion granted to reprint any article from this issue, with appropriate credit, except "Why Can't We Have Both?", "From Price Control to Valley Forge: 1777·78" and "Should We Divide the Wealth?"