September

What Do You Have Againstthe Poor? Leonard E. Read 528 Welfare schemes often backfire and injure most the ones they were supposed to help. ACloserLook at Gold Charles E. Weber 533 A historical review of the monetary uses of gold in most nations of the world. Cause and Effect StanleyYankus 545 According to the natural order of the universe, each is responsible for his self improvement. The Foundingof the American Republic: 14. Freeingthe Individual Cla,rence B. Carson 550 The strengthening of the institutions of freedom in the various states just followIng the end of the war. The Productivityof Freedom C. Lowell Harriss 56,2 The general case for reliance on voluntary processes of the market rather than coercive intervention in most human affairs. Book Reviews: 570 "Nine Lies About America" by Arnold Beichman "Hazardous To Your Health" by Marvin H. Edwards Anyone wishing to communicate with authors may send first-class mail in care of THE FREEMAN for forwarding.

tt"1e Freeman A MONTHLY JOURNAL OF IDEAS ON LIBERTY IRVINGTON·ON-HUDSON, N. Y. 10533 TEL.: (914) 591-7230 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. 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 meanl: of maintaining and extending the Foundation's work Copyright, 1972, The Foundation for Economic Education, Inc. Printel in U.S.A. Additional copies, postpaid, to one address: Single copy, 51 cents; 3 for $1.00; 10 for $2.50; 25 or more, 20 cents each.

THE FREEMAN is available on microfilm from Xerox University Microfilm~ Ann Arbor, Michigan 48106. Some articles available as reprints at cost; state quantity desired. Pel mission granted to reprint any article from this issue, with appropriat credit,except "The Founding of the American Republic."