This issue of The Freeman examines the relationship between security and liberty, arguing that genuine security can only emerge from personal responsibility and the freedom to reap the fruits of one’s labor. It critiques modern appeals to positive “rights,” exposes the dangers of egalitarian coercion, and warns against collectivist ideas that mislead the young. Additional essays explore how inflation harms societies, why industrial policy and central planning fail, and how eminent domain has expanded far beyond its legitimate scope. A final assessment contrasts capitalism’s voluntary order with socialism’s coercive ideals, and a book review analyzes the failures of state-managed economies.
