April

THEFREE IDEAS ON LIBERTY CONTENTS 124 How to Stop Wars 142 Cyclical Unemployment APRIL Dean Russell Hans F. Sennholz 1986 With America drifting toward Why is the United States VOL. 36 all-out trade war with Japan economy plagued by recessions, NO.4 and other foreign producers, which disemploy millions of we would be wise to consider workers? A noted economist the dangers. provides insightful answers. 126 A Bad Time for Giants 152 Don't Sell America Short John K. Williams Robert A wenius Do giant corporations threaten Under our system of limited our liberty? Is small necessarily government and free enterprise, beautiful? The answers are best America is in good hands. provided by consumer choices and market competition. 154 A Reviewer's Notebook John Chamberlain 134 Disasters Unlimited A review of "Morality of the John W. Sommer Market," an anthology offering Federal disaster relief, no religious and economic matter how well intended, often perspectives on the ethical encourages victims to rebuild in foundations of capitalism.

vulnerable areas. 156 Other Books 137 Why the President Said No "Essays in the History of President Grover Cleveland, in Liberty: Selected Writings of vetoing disaster relief, makes a Lord Acton" edited by J. classic statement on the relation Rufus Fears. "Rivalry and of citizens to their government. Central Planning" and "National Economic Planning" 140 The Right to Stagnate by Don Lavoie. Frank W Bubb There is no right to be maintained at the standard of living we have come to expect.