This issue of The Freeman examines the limits of government power, the persistence of economic misconceptions, and the moral foundations of a free society. It highlights the dangers of socialism through classroom analogy, defends economic liberty against claims of “market failure,” and explores the institutional requirements—property rights, contract enforcement, and the rule of law—that make prosperity possible. Additional essays critique redistribution’s long-term harm, warn against coercive utopianism, assess Supreme Court reasoning through an economic lens, and revisit classical arguments for personal responsibility. Book reviews cover works on journalism, early American political writing, monetary theory, and classic educational texts.
