This issue of The Freeman explores how high taxes erode incentives and cloud moral judgments, the constitutional limits on presidential power, and the economic and ethical shortcomings of labor unions. It further examines inflation’s corrosive effects, the nature of bureaucratic regulation, and the distinction between earned and unearned income. Additional essays discuss the interplay of freedom and the rule of law, the pitfalls of government-directed energy policy, and reviews of works on world affairs, public choice, and biblical perspectives on property.
