October

Mass Transit Mess John Semmens 618 Let taxpayers beware of the claims that mass transit affords a solution to the "energy crisis." Table Fable Russell Shannon 625 How Tom Smith drew upon his resources to cope with competition in a changing market. In Defense of FreedomFrederic Bastiat Robert G. Bearce 628 In our current age of intervention and crisis, let us heed Bastiat's call: Try liberty. Book Reviews: 636 "Forty Centuries of Wage and Price Controls: How NOT to Fight Inflation" by Robert L. Schuettinger and Eamonn F. Butler "Inventory of the Private Papers of Ludwig von Mises" compiled by L. John Van TiI Anyone wishing to communicate with authors may send first-class mail in care of THE FREEMAN for forwarding.

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) Roger Ream 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 "The Fight for Free Enterprise" and "This Is Mine."