This issue of The Freeman contrasts the prosperity of market-driven Nassau County with the fiscal collapse of government-dominated New York City, illustrating how incentives shape social outcomes. It examines shifting attitudes toward bureaucratic regulation, the freedom-enhancing role of economic calculation, and the importance of property rights in creating order. Additional essays explore political opportunism, the moral confusion of modern education, the proper limits of the state, and the risks of majority rule unconstrained by principle. Book reviews consider Fabian social policy, Soviet agriculture, and the religious roots of political authority.
