This issue of The Freeman examines how political redistribution erodes both economic performance and moral responsibility, arguing that only voluntary exchange can sustain genuine social cooperation. It critiques the spread of dependency through transfer programs, highlights the cultural consequences of abandoning constitutional limits, and analyzes how tax policy and inflation distort incentives across industry. Additional essays explore the discipline required for personal liberty, the problems created by government price-manipulation schemes, and the market logic that drives long-distance communication and technological progress. Book reviews consider works on American politics, classical liberal thought, and the moral foundations of a free society.
