April

ReformerWatchir~g ClarenceB. Carson 203 It pays to keep an eye on those who would use government to make us better. Seven Fallaciesof Economics LawrenceW. Reed 210 Important reasons why the results often fail to match the plans. The Past as Prologue Paul L. Poirot 216 Earlier messages on timely topics today. WelfareStates at War Hans F. Sennholz 217 The greater the government intervention in domestic affairs the more likely the prospect of war. Do AntitrustLaws Preserve Competition? SylvesterPetro 223 Government regulation and control of business destroys competition and injures consumers. The ProgressiveIncomeTax John Chamberlain 232 The combination of inflation and graduated tax rates spells death to enterprise. Labor UnionsAggravateInflation by LoweringWages Dwight R. Lee 244 Curbing productivity contributes to the impact of inflation. Book Reviews: 247 "Wealth of Nations in Crisis" by Ronald C. Nairn "The Politicization of Society," edited by Kenneth S. Templeton, Jr.

"Fugitive Essays" by Frank Chodorov "The Counter-Revolution of Science: Studies on the Abuse of Rea son" by F. A. Hayek "Social Security: The Inherent Con1tradiction" by Peter J. Ferrara Anyonewishingto communicatewith authorsmay send fircd_I"I~~~ rn~il in I"~ro nf TI-U:: 1=.:U=I=U4t+Jfnr fnrw~miinn FOUNDATION FOR ECONOMIC EDUCATION Irvington-on-Hudson, N.Y. 10533 Tel: (914) 591-7230 Leonard E. Read, President Manag'ing 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 ioss 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, 1981. 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, 200 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.