The Freeman: December 2001 Volume 51, 2001

This issue highlights how markets foster peace, innovation, and prosperity, illustrated through Henry Ford’s fight against licensing monopolies and broader critiques of regulatory expansion. Contributors challenge common economic fallacies, defend property rights, and show how government planning—from health care to energy—creates shortages, distortions, and perverse incentives. Additional essays explore trade, constitutional limits, education, and the moral case for capitalism.