Index

INDEX THE FREEMAN VOLUME 36 JANUARY-DECEMBER 1986 Prepared by Bettina Bien Greaves In page references, the number preceding the colon designates the month, those following refer to pages. All articles have at least three entries-author, subject, and title-except in a few cases when title clearly indicates subject matter. The short "Perspective" items are indexed under that category only. Books reviewed are listed on the last page. A AFRICA Lessons from socialist Tanzania (Rydenfelt) 9:349-351 AGRICULTURE, price supports Continuing plight of agriculture (Bechara) 5: 178-185 Farming is a business (Carson) 8:294-299 Protectionism and agricultural price supports (Pasour) 10:381-383 Why the President said "no" (Cleveland) 4: 137 AIR transportation/ safety Air transportation: more government = less safety (Wolfe & Semmens) 8:308-311 We would be wise to . . . (Haywood) 7:274-278 ASIMOV, Isaac on opportunity Golden age of opportunity (Rehmke) 11:423-424 AWENIUS, Robert Don't sell America short. 4: 152 B BAD time for giants (Williams) 4: 126-133 BAETJER, Howard, Jr.

Deregulate the utilities. 9:346-348 Private schools in the inner city. 11:433-434 See also Perspectives: Book reviews (Smith) BANKING. See Money BANKRUPTCY law, insolvency and (Bechara) 9:352-356 BECHARA, Dennis The continuing plight of agriculture. 5: 178-185 Insolvency and bankruptcy law. 9:352-356 BENEGAS Lynch, Alberto, Jr. Toward a market monetary system. 1:20-21 BIDINOTTO, Robert James Paying people not to grow. 10:364-369 Should we organize for liberty? 12:450-455 BIG business Bad time for giants (Williams) 4: 126-133 Hostile acquisitions and the restructuring of corporate America (Bubb) 5:166-176 See also Competition; Monopoly; Stock market BISSANTZ, Edgar Memories of the 1923 German inflation. 9:327 BOCCE and the economics of collusion (Doti) 3:91-95 BRADLEY, Robert, Jr. Socialized oil. 6:221 BUBB, Frank W. Can "industrial policy" work? 12:465-473 Hostile acquisitions and the restructuring of corporate America.

5:166-176 The right to stagnate. 4: 140-141 BUILDING codes, on (McGeorge) 9:345 BUREAUCRATIC management Can "industrial policy" work? (Bubb) 12:465-473 c CAN "industrial policy" work? (Bubb) 12:465-473 CAPITALISM, a Christian speaks up for (Gwartney) 8:284-285 CARSON, Clarence B. Farming is a business. 8:294-299 CHAMBERLAIN, John Thirty years of Freeman reviewing. 1:34-36 See also Book reviews. CHIDESTER, William, See Perspectives CHILDS, Roy A. See Book reviews (Taylor) CHRISTIAN speaks up for capitalism (Gwartney) 8:284-285 CHRISTMAS in "Little Italy" Ravioli and the economics of trade (Doti) 12:444-449 CHURCHES and the social order (Opitz) 8:286-293 CLEVELAND, Grover Why the President said "no." 4: 137 COMMUNICATION New information age (Davis) 3:102-107 See also Knowledge; Prices/pricing COMPARABLE WORTH, fallacy of (Heinecke) 6:204-209 COMPETITION, consumer sovereignty/protection Bad time for giants (Williams) 4: 126-133 Bocce and the economics of collusion (Doti) 3:91-95 Deregulation of the natural gas industry (Steelman) 6:216-221 Product information on the market (Fulda) 1:29-33 CONSTRAINTS on helping (Murray) 2:52-61 CONSUMERS, not special interests (Russell) 2:62-65 CONTINUING plight of agriculture (Bechara) 5: 178-185 COOLEY, Oscar W. & Poirot, Paul L.

The freedom to move. 1:5-7 CYCLICAL unemployment (Sennholz) 4:142-151 D DASKAL, Steven E. Free trade and prosperity: a global approach. 2:66-72 DAVIS, John Jefferson The new information age. 3:102-107 DEFICITS do matter (Sennholz) 12:456-459 DEMOCRACY and private property Forgotten dream (Williams) 11:416-422 DEREGULATE the utilities (Baetjer) 9:346-348 DEREGULATION of the natural gas industry (Steelman) 6:216-221 DISASTERS unlimited (Sommer) 4:134-138 DON'T sell America short (Awenius) 4:152 DOTI, James Bocce and the economics of collusion. 3:91-95 Ravioli and the economics of trade. 12:444-449 E EBELING, Richard M. See Book reviews (Gray) ECONOMIC boom/bust, trade cycle Cyclical unemployment (Sennholz) 4: 142-151 To deal with a crisis: governmental program or free market? (Higgs) 9:331-335 ECONOMIC development/progress Free trade and prosperity: a global approach (Daskal) 2:66-72 Industrial revolution: working class poverty or prosperity? (Majewski) 7:256-261 War on poverty revisited (Opitz) 2:46-51 ECONOMICS, bad, seven deadly fallacies of (Williams) 10:384-391 EDUCATION, economic Teaching economics (Hertz) 5: 193-195 EDUCATION/persuasion, personal!individual How to gain liberty (Read) 1: 17-19 Open-endedness of knowledge (Kirzner) 3:85-90 Selling of freedom (DLPeterson) 9:324-326 Should we organize for liberty?

(Bidinotto) 12:450-455 EDUCATION, public vs. private Educational freedom (Lindsey) 6:210-212 Our school system: the dream and the reality (Smyth) 11 :435-437 Political economy of educational vouchers (Lee) 7:244-248 Private schools in the inner city (Baetjer) 11 :433-434 Public education: how free? (McEwen) 11:431-433 EKIRCH, Arthur A., Jr. See Book reviews (Leggett) ENERGY (oil & natural gas) Deregulation of the natural gas industry (Steelman) 6:216-221 Socialized oil (Bradley) 6:221 ENTREPRENEURSHIP Freedom and failure (Lee) 10:392-395 Privatization: the rediscovery of entrepreneurship (WHPeterson) 8:312-316 ENVIRONMENT, protection of Pollution control and biblical justice (North) 9:338-344 ETHICS of privatization (Machan) 7:270-273 F FAILURE, freedom and (Lee) 10:392-395 FAILURE of the "middle way" (Stelle) 8:306-307 FALLACY of comparable worth (Heinecke) 6:204-209 FARMING is a business (Carson) 8:294-299 FOLEY, Ridgway K., Jr.

Privatization: two perils. 11 :402-403 FORGOTTEN dream (Williams) 11:416-422 FOUNDATION for Economic Education Essay contest winners (1986) 5: 177; 6:202-203 See also essays by Habegger, Heinecke, Lindsey & Majewski FEE's best sellers. 3:81-82 40 years at FEE. 3:84 Open-endedness of knowledge (Kirzner) 3:85-90 Thirty years of Freeman reviewing (Chamberlain) 1:34-36 FREE trade and prosperity: a global approach (Daskal) 2:66-72 FREEDOM and failure (Lee) 10:392-395 FREEDOM/liberty, how to gain (Read) 1:17-19 FREEDOM page #27. Market and the state (Mises) 1:4 FREEDOM to move (Cooley & Poirot) 1:5-7 FULDA, Joseph S. Liberties lost in the balance. 5: 164-165 Product information on the market. 1:29-33 See also Book reviews (McKenzie) G GERMAN 1923 inflation, memories of (Bissantz) 9:327 GOLDEN age of opportunity (Rehmke) 11:423-424 GOVERNMENT, limited Forgotten dream (Williams) 11:416-422 Market and the state (Mises) 1:4 GOVERNMENT, the state, and private property (McDonald) 2:44-45 GOVERNMENT regulation/intervention Air transportation: more government = less safety (Wolfe & Semmens) 8:308-311 Consumers, not special interests (Russell) 2:62-65 Farming is a business (Carson) 8:294-299 Liberties lost in the balance (Fulda) 5:164-165 Market and the state (Mises) 1:4 On building codes (McGeorge) 9:345 To deal with a crisis: governmental program or free market? (Higgs) 9:331-335 We would be wise to . . . (Haywood) 7:274-278 Why regulators can't regulate effectively (Pasour) 6:222-225 GOVERNMENT spending Deficits do matter (Sennholz) 12:456-459 "It's not our money" (Payne) 6:213-215 Underground government (Sennholz) 11:404-411 INDEX 477 GOVERNMENT subsidies/welfare Constraints on helping (Murray) 2:52-61 Disasters unlimited (Sommer) 4: 134-138 Paying people not to grow (Bidinotto) 10:364-369 GREAVES, Bettina Bien. See Perspectives; Book reviews (Lavoie) GWARTNEY, James D.

A Christian speaks up for capitalism. 8:284-285 H HABEGGER, Jay Inflation, money, and freedom. 9:328-330 HAYWOOD, Dale M. We would be wise to ... 7:274-278 HAZLITT, Henry The legacy of Karl Marx. 3:96-101 HEINECKE, Peter S. The fallacy of comparable worth. 6:204-209 HERTZ, Ronald S. Teaching economics. 5: 193-195 HIGGS, Robert To deal with a crisis: governmental program or free market? 9:331-335 HIGHWAYS/roads/turnpikes Privatization further down the road (Klein) 6:234-235 HOSPERS, John. See Book reviews (Nielsen) HOSTILE acquisitions and restructuring of corporate America (Bubb) 5:166-176 HOW to gain liberty (Read) 1:17-19 HOW to stop wars (Russell) 4: 124-125 I IDEAS/ideologies Should we organize for liberty? (Bidinotto) 12:450-455 IDEAS/invention/experimentation Air transportation: more government = less safety (Wolfe & Semmens) 8:308-311 ILLEGALITY of legal tender (Newcomer) 12:460-464 IMMIGRATION Freedom to move (Cooley & Poirot) 1:5-7 What about immigration? (Simon) 1:8-16 INDIVIDUAL action/incentive Golden age of opportunity (Rehmke) 11:423-424 How to gain liberty (Read) 1:17-19 Lilacs (Schwartzman) 9:336-337 Paying people not to grow (Bidinotto) 10:364-369 478 THE FREEMAN • DECEMBER 1986 INDIVIDUAL ACTION (Continued) Should we organize for liberty?

(Bidinotto) 12:450-455 Socialism and incentives (Osterfeld) 11:412-415 "INDUSTRIAL policy," can it work? (Bubb) 12:465-473 INDUSTRIAL revolution: working class poverty or prosperity? (Majewski) 7:256-261 INFLATION. See Money INFLATION, money, and freedom (Habegger) 9:328-330 INFLATION and unemployment (Sennholz) 6:226-233 INFORMATION and the economic problem (Johnstone) 8:300-305 INSOLVENCY and bankruptcy law (Bechara) 9:352-356 "IT'S not our money" (Payne) 6:213-215 J JOHNSTONE, Brent M. Information and the economic problem. 8:300-305 K KEARL, J. R. Protectionism: the myths. 10:370-378 KEYNES, John Maynard-ideas of Inflation and unemployment (Sennholz) 6:226-233 KLEIN, Daniel Privatization further down the road. 6:234-235 See also Book reviews (Bennett & DiLorenzo) KIRZNER, Israel M. The open-endedness of knowledge. 3:85-90 KNOWLEDGE/information Information and the economic problem (Johnstone) 8:300-305 New information age (Davis) 3:102-107 Open-endedness of knowledge (Kirzner) 3:85-90 Product information on the market (Fulda) 1:29-33 See also Prices/pricing L LABOR/wages/unemployment Cyclical unemployment (Sennholz) 4: 142-151 Fallacy of comparable worth (Heinecke) 6:204-209 Industrial revolution: working class poverty or prosperity? (Majewski) 7:256-261 Inflation and unemployment (Sennholz) 6:226-233 Insolvency and bankruptcy law (Bechara) 9:352-356 Taxes and unemployment (Sennholz) 7:249-255 Unemployment compensation (Sennholz) 5: 186-192 LAI, Stephen Protectionism: a threat to individual freedom. 10:379-380 LEE, Dwight R.

Freedom and failure. 10:392~395 The political economy of educational vouchers. 7:244-248 LEGACY of Karl Marx (Hazlitt) 3:96-101 LEGAL tender, illegality of (Newcomer) 12:460-464 LESSONS from socialist Tanzania (Rydenfelt) 9:349-351 LIBERTIES lost in the balance (Fulda) 5: 164-165 LILACS (Schwartzman) 9:336-337 LINDSEY, Sarah H. Educational freedom. 6:210-212 M MACHAN, Tibor The ethics of privatization. 7:270-273 MAJEWSKI, John The industrial revolution: working class poverty or prosperity? 7:256-261 MARKET and the state (Mises) 1:4 MARX, Karl, legacy of (Hazlitt) 3:96-101 McDONALD, Kenneth Government, the state, and private property. 2:44-45 McEWEN, Rolf Public education: how free? 11:431-433 McGEORGE, Nils On building codes. 9:345 MEDICAL care, who will control? (Orient) 3: 108-113 MEMORIES of the 1923 German inflation (Bissantz) 9:327 MEXICO Socialized oil (Bradley) 6:221 "MIDDLE way," failure of (Stelle) 8:306-307 MISES, Ludwig von.

The market and the state. Freedom page #27. 1:4 MONEY/inflation/banking Deficits do matter (Sennholz) 12:456-459 Illegality of legal tender (Newcomer) 12:460-464 Inflation, money, and freedom (Habegger) 9:328-330 Inflation and unemployment (Sennholz) 6:226-233 Memories of the 1923 German inflation (Bissantz) 9:327 Toward a market monetary system (Benegas Lynch) 1:20-21 Toward free banking (Wells & Scruggs) 7:262-269 MONOPOLY/cartels Bocce and the economics of collusion (Doti) 3:91-95 Deregulate the utilities (Baetjer) 9:346-348 See also Big business MORAL foundations of property rights (Summers) 11 :425-430 MURRAY, Charles The constraints on helping. 2:52-61 N NATURAL gas industry, deregulation of (Steelman) 6:216-221 NEW information age (Davis) 3: 102-107 NEWCOMER, Philip W. The illegality of legal tender. 12:460-464 NORTH, Gary Pollution control and biblical justice. 9:338-344 o ON BUILDING codes (McGeorge) 9:345 OPEN-ENDEDNESS of knowledge (Kirzner) 3:85-90 OPITZ, Edmund A.

Churches and the social order. 8:286-293 The war on poverty revisited. 2:46-51 ORIENT, Jane M. Who will control medical care? 3: 108-113 OSTERFELD, David Socialism and incentives. 11:412-415 OUR school system: the dream and the reality (Smyth) 11:435-437 p PASOUR, E. C., Jr. Protectionism and agricultural price supports. 10:381-383 Why regulators can't regulate effectively. 6:222-225 PAYING people not to grow (Bidinotto) 10:364-369 PAYNE, James L. "It's not our money." 6:213-215 PERSPECTIVES Air traffic control. 7:243 Borrowed time. 4: 121 Capitalism wins again. 2:41 PERSPECTIVES (Continued) Christmas spirit (Greaves) 12:442 The decline of OPEC. 4: 121 Discovering property rights (Rehmke) 2:41-42 Efficiency experts (Baetjer) 12:442-443 Food from thought (Greaves) 10:362 Freedom to fail (Chidester) 10:363 If men could fly (Williams) 9:323 Inflation in Brazil (Greaves) 8:283 Let's pretend. 6:203 A little doubt (Williams) 10:362-363 A little trust (Greaves) 6:203 New cars, used buyers. 5: 162 No peanuts. 5: 162-163 Old Dutch Burying Ground (Greaves) 12:443 On savings (Greaves) 7:242 Private solutions (Summers) 3:81 Privatization: two perils (Foley) 11:402-403 The privatization revolution. 2:41 Seatbelts (Taylor) 2:42 Seize the high ground (Baetjer) 8:282-283 Spirit of liberty (Greaves) 9:322-323 Tangled web (Greaves) 7:242-243 Thirty years ago (Reinach) 5: 163 Tin cartel (Rehmke) 8:283 Two-way trade (Summers) 3:82 The workfare fallacy (Baetjer) 3:81 PETERSON, Dennis L.

The selling of freedom. 9:324-326 PETERSON, William H. Privatization: the rediscovery of entrepreneurship. 8:312-316 What is a just international economic order? 1:22-28 PHILLIPS curve, critique of Inflation and unemployment (Sennholz) 6:226-233 POIROT, Paul L. (co-author). See Cooley POLITICAL economy of educational vouchers (Lee) 7:244-248 POLITICAL privileges/pressure groups Right to stagnate (Bubb) 4: 140-141 Underground government (Sennholz) 11:404-411 POLLUTION control and biblical justice (North) 9:338-344 POVERTY, government programs and The constraints on helping (Murray) 2:52-61 War on poverty revisited (Opitz) 2:46-51 PRICES/pricing Can "industrial policy" work? (Bubb) 12:465-473 Freedom and failure (Lee) 10:392-395 To deal with a crisis: governmental program or free market? (Higgs) 9:331-335 Why regulators can't regulate effectively (Pasour) 6:222-225 PRIVATE property Forgotten dream (Williams) 11:416-422 Government, the state, and private property (McDonald) 2:44-45 Moral foundations of property rights (Summers) 11 :425-430 Pollution control and biblical justice (North) 9:338-344 PRIVATE schools in the inner city (Baetjer) 11 :433-434 PRIVATIZATION, ethics of (Machan) 7:270-273 PRIVATIZATION: the rediscovery (\f entrepreneurship (WHPeterson) 8:312-316 PRIVATIZATION: two perils (Foley) 11:402-403 PRIVATIZATION further down the road (Klein) 6:234-235 PRODUCT information on the market (Fulda) 1:29-33 PROFIT motive and safety Air transportation: more government = less safety (Wolfe & Semmens) 8:308-311 We would be wise to . . . (Haywood) 7:274-278 PROTECTIONISM: a threat to individual freedom (Lai) 10:379-380 PROTECTIONISM: the myths (Kearl) 10:370-378 PROTECTIONISM and agricultural price supports (Pasour) 10:381-383 PUBLIC schooling. See Education, public vs. private PUBLIC utilities, deregulate (Baetjer) 9:346-348 R RAVIOLI and the economics of trade (Doti) 12:444-449 READ, Leonard E.

How to gain liberty. 1: 17-19 REHMKE, Gregory F. The golden age of opportunity. 11:423-424 See also Perspectives RELIGION/Christianity Christian speaks up for capitalism (Gwartney) 8:284-285 Churches and the social order (Opitz) 8:286-293 Pollution control and biblical justice (North) 9:338-344 RIGHT to stagnate (Bubb) 4: 140-141 ROGERS, Tommy W. See Book reviews (Acton) RUSSELL, Dean Consumers, not special interests. 2:62-65 How to stop wars. 4: 124-125 RUSSIA, c.1920 Lilacs (Schwartzman) 9:336-337 INDEX 479 RYDENFELT, Sven Lessons from socialist Tanzania. 9:349-351 s SCHWARTZMAN, Jack Lilacs. 9:336-337 SCRUGGS, L. S. (co-author) See Wells SELLING of freedom (DLPeterson) 9:324-326 SEMMENS, John (co-author) See Wolfe SENNHOLZ, Hans F. Cyclical unemployment. 4: 142-151 Deficits do matter. 12:456-459 Inflation and unemployment. 6:226-233 Taxes and unemployment. 7:249-255 Undergound government. 11 :404-411 Unemployment compensation.

5: 186-192 SEVEN deadly fallacies of bad economics (Williams) 10:384-391 SHOULD we organize for liberty? (Bidinotto) 12:450-455 SIMON; Julian L. What about immigration? 1:8-16 SMOKING, prevention of Constraints on helping (Murray) 2:52-61 SMYTH, David Our school system: the dream and the reality. 11:435-437 SOCIALISM and incentives (Osterfeld) 11:412-415 SOCIALIST Tanzania, lessons from (Rydenfelt) 9:349-351 SOCIALIZED oil (Bradley) 6:221 SOMMER, John W. Disasters unlimited. 4: 134-138 STEELMAN, J. D., Jr. Deregulation of the natural gas industry. 6:216-221 STELLE, Jose Italo The failure of the "middle way." 8:306-307 See also Book reviews (Edwards) STOCK market prices, role of Can "industrial policy" work? (Bubb) 12:465-473 Hostile acquisitions and the restructuring of corporate America (Bubb) 5: 166-176 SUMMERS, Brian The moral foundations of property rights. 11 :425-430 See also Perspectives; Book reviews (Kirzner) T TAXES and unemployment (Sennholz) 7:249-255 480 THE FREEMAN • DECEMBER 1986 TAYLOR, Joan Kennedy. See Perspectives; Book reviews (Epstein) TEACHING economics (Hertz) 5: 193-195 TELECOMMUNICATIONS industry New information age (Davis) 3: 102-107 THIRTY years of Freeman reviewing (Chamberlain) 1:34-36 TO DEAL with a crisis: governmental program or free market? (Higgs) 9:331-335 TOWARD a market monetary system (Benegas Lynch) 1:20-21 TOWARD free banking (Wells & Scruggs) 7:262-269 TRADE, international Free trade and prosperity: a global approach (Daskal) 2:66-72 How to stop wars (Russell) 4: 124-125 Ravioli and the economics of trade (Doti) 12:444-449 Protectionism: a threat to individual freedom (Lai) 10:379-380 Protectionism: the myths (Kearl) 10:370-378 Protectionism and agricultural price supports (Pasour) 10:381-383 What is a just international economic order? (WHPeterson) 1:22-28 TRANSPORTATION Air transportation: more government = less safety (Wolfe & Semmens) 8:308-311 Privatization further down the road (Klein) 6:234-235 We would be wise to . . . (Haywood) 7:274-278 u UNDERGROUND government (Sennholz) 11 :404-411 UNEMPLOYMENT. See Labor UNEMPLOYMENT compensation (Sennholz) 5: 186-192 U. S. HISTORY Continuing plight of agriculture (Bechara) 5: 178-185 Illegality of legal tender (Newcomer) 12:460-464 Protectionism and agricultural price supports (Pasour) 10:381-383 v VALUE theory, labor Legacy of Karl Marx (Hazlitt) 3:96-101 VOUCHERS, educational, political economy of (Lee) 7:244-248 w WAR on poverty revisited (Opitz) 2:46-51 WE would be wise to . . . (Haywood) 7:274-278 WELLS, Donald R. & Scruggs, L. S.