The Freeman: July 1983 Volume 33, 1983

This issue of The Freeman examines the conditions that make personal and economic freedom possible, warning that expanding government power, legal plunder, and misplaced faith in political solutions undermine individual responsibility and voluntary exchange. It critiques inflationary finance, the distortions caused by debt subsidies, and the constitutional dangers of paper money, while highlighting the moral and practical strengths of competitive capitalism. Additional essays explore why anticapitalist sentiment persists, how benefit mandates ultimately harm workers, and why calls for government–business “partnership” threaten liberty. Book reviews consider biographies of Herbert Hoover and analyses of taxation and public finance.