The Freeman 1972 - The Ludwig von Mises Institute

tt1eFreemanA MONTHLY JOURNAL OF IDEAS ON LIBERTYIRVINGTON-ON-HUDSON, N. Y. 10533 TEL.: (914) 591-7230LEONARD E. READPAUL L. POIROTPresident, Foundation forEconomic Educationillanaging EditorTHE F R E E MAN is published n10nthly by theFoundation for EconOlnic Education, Inc., a nonpolitical,nonprofit, educational chan1pion of privateproperty, the free n1arket, the profit and loss system,and limited government.Any interested person 111ay receive its publicationsfor the asking. The costs of Foundation projects andservices, including THE FREEMAN, are n1et throughvoluntary donations. Total expenses average $12.00 ayear per person on the 111ailing list. Donations are invitedin any amount-$5.00 to $10,OOO-as the meansof 111aintaining and extending the Foundation's work.Copyright, 1972, The Foundation for Economic Education, Inc. Printedin U.S.A. Additional copies, postpaid, to one address: Single copy, 50cents; 3 for $1.00; 10 for $2.50; 25 or more, 20 cents each.THE FREEMAN is available on microfilm from Xerox University Microfilms,Ann Arbor, Michigan 48106.Some articles available as reprints at cost; state quantity desired. Permissiongranted to reprint any article from this issue, with appropriatecredit, except "The Founding of the American Republic," and "A PerfectSystem of Government?"