March

Land Use RegulationA Tool of Politics,Not of Planning Bernard H. Siegan 138 Planners and politicians, in view of the record, had best leave decisions on land use to the owner. Capital Conservation Edgar B. Speer 142 Unless savers and investors are allowed to keep the returns for their thrift and creativity, national disaster lies ahead. Socialism Edmund A. Opitz 152 Socialism promises to distribute abundance but is at a loss as to how to produce it. Do You Want to Live Forever? Charles R. LaDow 155 An obsession for security is the enemy of freedom, and a threat to our survival. Strive for the Simple Life Leonard E. Read 163 Far simpler to live in an advanced exchange economy than to make one's way alone at the frontier. The "Social Security"Mira,ge-Current Productiol1lParamount W. A. Paton 167 Unless production can be increased through saving and investment, there's little future in it.

What Is Seen and What Is Not Seen Brian Summers 172 If one looks behind government spending, he finds that "you can't get something for nothing." Welfare FiftyYears Hence Morris C. Shumiatcher 174 The pendulum will swing back toward individual responsibility and freedom. Book Reviews: 184 "Four Reforms: A Program for the 70's" by William F. Buckley, Jr. "The liberal Middle Class: Maker of Radicals" by Richard L. Cutler "National Suicide: Military Aid to the Soviet Union" by Antony C. Sutton "The Fastest Game in Town/Trading Commodity Futures" by Anthony M. Reinach Anyone wishing to communicate with authors may send first-crass 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) 591·723{ LEONARD E. READ PAUL L. POIROT President, Foundation for Economic Education Managing Editor THE F R E EM A N is published monthly by thl Foundation for Economic Education, Inc., a non political, nonprofit, educational champion of privatI property, the free market, the profit and loss system and limited government. Any interested person may receive its publication: for the asking. The costs of Foundation projects an( services, including THE FREEMAN,are met througl voluntary donations. Total expenses average $12.00 : year per person OIl the mailing list. Donations are in vited in any amount-$5.00 to $10,000-as the mean of maintaining and extending the Foundation's wor:H Copyright, 1974, The Foundation for Economic Education, Inc. Printe in U.S.A. Additional copies, postpaid, to one address: Single copy, 5 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. Pe mission granted to reprint any article from this issue, with appropriat credit, except llLand Use Regulation - A Tool o(Politics, Not of Pial ning," "Socialism," and "Welfare Fifty Years Hence."