October

The Marketl or the Welfare State Paul L. Poirot 621 • How the market and its money system serve especially the laboring poor. Capitalismand Morality Edward Coleson 625 The bad reputation of the market economy cannot be justified from the record. Book Reviews: 634 "The Western Marxists" by Neil Mcinnes "The Morals of Markets" by H. B. Acton "Passing of the Modern Age" by John Lukacs 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 "Capitalism. and Morality."