May

Semantic Confusion in Economic Regulation John Semmens 286 Statutory law is unsuited to the control of variable economic affairs. Free Markets in Chile Hans F: Sennholz 291 Freedom imposed under martial law is ~nder constant threat of explosion. The Day Welfare Hit the Classroom Steven N. Spetz 302 Applying principles of the welfare state to the grading of student papers. The Relics of Intervention: 2. Progressivism Clarence B. Carson 305 The Progressive movement of the early twentieth century carries over into the 1980s. Book Reviews: 318 "California, Inc." by Joel Kotkin and Paul Grabowicz 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) Brian Summers THE FREEMAN is published monthly by the Foundation for Economic Education, Inc., a nonpo litical, nonprofit, educational champion of private property, the free market, the profit and loss sys tem, and limited government. The costs of Foundation projects and services are met through donations. Total expenses average $18.00 a year per person on the mailing list. Do nations are invited in any amount. THE FREE MAN 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,1982. 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 "Trickle-Down Economics."