The Freeman: March 1989 Volume 39, 1989

This issue highlights the dynamic power of the market, focusing on the crucial role of the entrepreneur in generating wealth and fulfilling consumer needs. It investigates the principle of spontaneous order—how complex societies function best without central planning—and provides sharp critiques of excessive government regulation (including licensing and environmental controls) for stifling innovation and competition. The volume also defends the benefits of free trade among nations.