The Freeman: February 1981 Volume 31, 1981

This issue of The Freeman explores the foundations of Austrian economics, the decline in American living standards, and the moral case for a fully free market. It examines how government intervention hampers productivity, why central banking cannot achieve its conflicting goals, and how unionism distorts labor markets. Additional essays address freedom of conscience, the political roots of discrimination, and reviews of major contemporary works on wealth, poverty, and organized labor.