June

"Permissiveness"or Liberty? Robert C. Wilson 349 Unless men are wards of the state, government has no power to be "permissive." Competition-What and When W. A. Paton 353 Concerning the nature of competition and the fallacies and misunderstandings that gathered around it. Sisyphus Leonard E. Read 366 A sisyphist: anyone who deliberately magnifies the effort required for a desired result. The Reformationand Economic DevelopmentToday Edward Coleson 368 A study of the record of industrial development from a Christian point of view. Book Reviews: 377 "The Conquest of Poverty" by Henry Hazlitt "The Foundations of Morality" by Henry Hazlitt 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 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 means of maintaining and extending the Foundation's work. Copyright, 1973, 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.

THE FREEMAN is available on microfilm from Xerox University Microfilms, Ann Arbor, Michigan 48106. Some articles available as reprints at cost; state quantity desired. Per mission granted to reprint any article. from this issue, with appropriate credit, except "The Reformation and Economic Development Today."