March

Another Anti-Inflation Circus Hans F. Sennholz 139 Government anti-inflation programs multiply the damages done by its original inflationary policies. World in the Grip otan Idea 27. The Cold War: Foreign Aid Clarence B. Carson 143 How economic and military aid has been used to sustain and promote socialism internationally. Egalite?-Sheer Illusion! W. A. Paton 157 CompUlsory sharing is not the way to widespread economic prosperity. The Bases of Economic Planning David Kelley 160 Behind the "reasonable" facade of the planned society lies a deepseated philosophical hostility toward reason. Toward a Meaningful Defense of Freedom Joseph P. Howard 171 Forget not the spiritual foundations in defending the market. What Is Freedom? George F. Cahill 176 An inspirational answer directed especially to the youth of America. The Bureaucracy Problem David Osterfeld 178 Why socialism requires bureaucracy to cope with problems of priorities, efficiency, and distribution.

Book Reviews 190 "Can Capitalism Survive?" by Benjamin A. Rogge Anyone wishing to communicate with authors may send first-class mail in care of THE FREEMAN for forwarding.

ttle I A E~~~N~~r;N LIBERTY FOUNDATION FOR ECONOMIC EDUCATION Irvington-on-Hudson, N.Y. 10533 Tel: (914) 591-7230 Leonard E. Read, President Managing Editor: Paul L. Poirot Production Editor: Beth A. Hoffman Contributing Editors: Robert G. Anderson Bettina Bien Greaves Edmund A. Opitz (Book Reviews) Brian Summers THE FREEMAN is published monthly by the Foundation for Economic Education, Inc., a non political, nonprofit, educational champion of pri vate property, the free market, the profit and loss system, and limited government. The costs of Foundation projects and services are met through donations. Total expenses aver age $18.00 a year per person on the mailing list. Donations are invited in any amount. THE FREEMAN is available to any interested person in the United States for the asking. For foreign delivery, a donation is required sufficient to cover direct mailing cost of $5.00 a year.

Copyright, 1979. The Foundation for Economic Education, Inc. Printed in U.S.A. Additional copies, postpaid: 3 for $1.00; 10 or more, 25 cents each. THE FREEMAN is available on microfilm from University Microfilms International, 300 North Zeeb Road, Ann Arbor, Mich. 48106. Some articles available as reprints at cost; state quantity desired. Permission granted to reprint any article from this issue, with appropriate credit except "World in the Grip of an Idea," "Another Anti-Inflation Circus," and "What Is Freedom?"