The Freeman: December 1996 Volume 46, 1996

This issue highlights the limits of political knowledge, showing why markets better process information than regulators and why calls for government “correction” routinely backfire. Contributors revisit global-warming alarmism, the roots of Arab-Israeli tension, and the implications of restoring constitutional constraints on federal commerce power. Additional articles explore privacy, decentralism, sexual-harassment policy excesses, property-rights parables, historical campaigns for peace and freedom, and the moral framework needed to sustain a free society.