This issue examines the roots of American liberty through Paul Johnson’s reflections on history, the uplifting discipline of the Boys Choir of Harlem, and the essential economic role immigrants play in high-technology industries. Contributors explain the importance of speculation in coordinating markets, expose the punitive nature of modern welfare policies, and highlight egregious cases of government waste. Additional pieces defend property rights, warn against coercive unionism, critique employment-destroying regulations, and revisit Lord Acton’s timeless insights on political power.