July

Businessand Its Image V. Orval Watts 393 The more government intervenes, the more it strives to blame business enterprise for the consequences. For the Sake of the Poor Paul L. Poirot 409 Poverty serves a purpose, for those who feel pain and react appropriately. Inflation:By-Productof Ideologiesin Collision Wesley H. Hillendahl 413 Concerning the monetary crises which come when government forces individuals out of the market. The Rare Moment Leonard E. Read 426 The problem is to see a better idea, and then pursue it with integrity. There's No Such Thing as a Free Lunch Earl L. Butz 431 The common sense of producing and marketing farm products by a noted economist. Yieldingto Temptation A letter to a pastor about an evil of universal concern. John C. Sparks 436 No More Repeat Performances Bernard H. Siegan 438 The repeal, not the revision, of zoning laws is the way to sound land use. Book Reviews: 441 "We Don't Know How: An Independent Audit of What They Call Success in Foreign Assistance"

by William and Elizabeth Paddock "leftism (From De Sade and Marx to Hitler and Marcuse)" by Erik von Kuehnelt-Leddihn Anyone wishing to communicate with authors may send first-class mail in care of THE FREEMAN for forwarding.

tile Freeman A MONTHLY JOURNAL OF IDEAS ON LIBERTY IRVINGTON·ON·HUDSON, N. Y. 1053·3 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 $10,000-as the means of maintaining and extending the Foundation's work. Copyright, 1974, 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 "You Cannot Trust Governments with Your Money," "Busi ness and Its Image," "There's No Such Thing as a Free lunch," and "No More Repeat Performances."