The Freeman: August 1981 Volume 31, 1981

This issue of The Freeman examines the case for abolishing the Federal Reserve and returning monetary control to the market, the strategic and philosophical obstacles that keep pro-freedom ideas from prevailing, and a modern example of Bastiat’s “seen vs. unseen” showing how well-intended energy policies backfire. It also critiques zoning as an economically damaging restraint on voluntary land use, explores how wealth is created through production and knowledge, and argues for charity rooted in personal responsibility rather than coercion. Additional essays trace forgotten chapters of American history, warn against censorship disguised as tolerance, and consider the balance between freedom and legitimate authority.