The Freeman 1972 - The Ludwig von Mises Institute

tt"1eFreemanA MONTHLY JOURNAL OF IDEAS ON LIBERTYIRVINGTON·ON-HUDSON, N. Y. 10533 TEL.: (914) 591-7230LEONARD E. READPAUL L. POIROTPresident, Foundation forEconomic EducationManaging EditorTHE F R E E MAN is published monthly by theFoundation for Economic Education, Inc., a nonpolitical,nonprofit, educational champion of privateproperty, the free market, the profit and loss system,and limited government.Any interested person may receive its. publicationsfor the asking. The costs of Foundation projects andservices, including THE FREEMAN, are met throughvoluntary donations. Total expenses average $12.00 ayear per person on the mailing list. Donations are invitedin any amount~$5.00 to $10,OOO-as the meanl:of maintaining and extending the Foundation's workCopyright, 1972, The Foundation for Economic Education, Inc. Printelin U.S.A. Additional copies, postpaid, to one address: Single copy, 51cents; 3 for $1.00; 10 for $2.50; 25 or more, 20 cents each.THE FREEMAN is available on microfilm from Xerox University Microfilm~Ann Arbor, Michigan 48106.Some articles available as reprints at cost; state quantity desired. Pelmission granted to reprint any article from this issue, with appropriatcredit,except "The Founding of the American Republic."