This issue of The Freeman explores how coercive government programs breed corruption, why inflationary Keynesian policies fail, and how political intervention distorts economic processes. It examines the high cost of state-managed public works, the shift of American business toward smaller, more flexible operations, and the moral link between self-interest and social benefit. Additional essays analyze global poverty and wealth creation, highlight the wisdom of Albert Jay Nock, and explain how socialism destroys the productive “seed grain.” Book reviews address works on technological scapegoating and Herbert Spencer’s classic critique of state power.
