The Freeman: August 1990 Volume 40, 1990

This issue profiles the life of an immigrant writer and considers the distinctions between democracy and economic freedom. Essays trace the expanding scope of government, defend futures markets, and show how property-based decision-making enhances long-term economic health. Other topics include municipal competition with private enterprise, misguided compassion in social policy, misconceptions about the Social Security trust fund, and the benefits of free trade.