February

The World Debt Crisis Hans ~ Sennholz 76 Global inflation creates international enmity and chaos. The Armor of Saul John K. Williams 84 The defender of liberty needs no extra burdens to bear. Market Prices vs. Communist Commands Henry Hazlitt 93 The communist failures stem from lack of market prices as production guides. Unions and Violence Morgan O. Reynolds 98 The economic reasons why unionism is so closely connected with violence. The Price of Education Ernest G. Ross 107 If the price is misperceived the product or service may be less than the best. Thinking About Freedom Robert LeFevre 113 Some provocative thoughts about the ideal of freedom. Book Reviews: 122 "The State Against Blacks" by Walter Williams "Concentration, Mergers, and Public Policy" by Yale Brozen "Government's Money Monopoly" edited by Henry Mark Holzer 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, 1983. 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.