The Foundation for Economic Education

Established in 1946, FEE is a nonprofit institution, a major purpose of which is to publish books and articles concerning such libertarian ideals as the ownership of private property, voluntary exchange, open competition, and limited government.

Though THE FREEMAN is now the principal outlet for Foundation releases, numerous earlier publications are available. These include not only the writings of staff members and other contemporary authors, but also many classics recently reprinted or translated. Also listed are a number of books by other publishers which may be purchased through the Foundation.

Essays on Liberty

(Two volumes; each, $1.50 paper, $2.50 cloth; quantity prices on request)

VOLUME I

This book of 308 pages is composed of 37 selections from the many articles on liberty published by the Foundation. The subjects include government, taxes, inflation, money, monopoly, price controls, subsidies, security, competition, and many other problems of current importance.

Thoroughly indexed.

STUDY GUIDE

prepared by Thomas J. Shelly

A former teacher has adapted the material for classroom or discussion group use. (70 pp.; $1.00)

VOLUME II

This volume of 442 pages contains 37 selections from articles previously published by the Foundation. Like Volume I, it covers a variety of subjects and is thoroughly indexed.

Ideas on Liberty

Three issues only; No. 1 (May 1955), No. 2 (September 1955), and No. 3 (November 1955). Each is a collection of short essays and articles, indexed in this issue of The Freeman. (96 pages; 50¢ each, 3 for $1.00)

The American Economic System

by Edwin Vennard and Robb M. Winsborough

With only one-fifteenth of the world’s people, we own three-fourths of the world’s automobiles, one-half of all telephones and radios, three-fourths of all television sets . . . This book explains why. Over 100 charts and tables. (96 pages; $1.00)

Bureaucracy

by Ludwig von Mises

Bureaucracy is neither good nor bad in itself. It is an appropriate technique for the conducting of administrative agencies such as the police department. However, when bureaucracy enters the field of economic activities, the result is disregard for the interests of consumers and disastrous rigidity. (125 pages; $2.00 cloth)

The Constitution of the United States

by James Mussatti

A former history instructor writes, briefly and simply, an explanation of some of the ideas behind the Constitution. This edition is intended especially for classroom or study group use. Bound within its covers is a 32-page

STUDY GUIDE

prepared by Thomas J. Shelly

(173 pages; $2.00 paper, $3.50 cloth)

Economics in One Lesson

by Henry Hazlitt

“If people wish to disperse the illusions which push pressure groups and politicians all over the world to economic cannibalism and universal impoverishment, they will form little societies to further the sale and influence of Mr. Hazlitt’s incisive economic lesson!”—New York Times. (222 pages cloth, $2.00; 193 pages, pocket edition, 3 for $1.00) STUDY GUIDE prepared by Thomas J. Shelly (47 pages; $1.00)

Fiat Money Inflation in France

by Andrew Dickson White

A vivid report of inflation in France during the French Revolution, and the resulting panic and collapse. This history written in 1914 teaches many lessons which apply to present American experience. (72 pages; 50¢)

The Free Convertibility of Sterling

by George Winder

An easy-to-read explanation of a complicated subject: foreign exchange controls. (62 pages; 50¢)

The Free Man’s Library

by Henry Hazlitt

A descriptive and critical bibliography of more than 550 works on the philosophy of individualism. (176 pages; $3.50 cloth)

Government: An Ideal Concept

by Leonard E. Read

A theory by which the conflict between government and liberty can be resolved. Taxation, money, world government, conscription, and education discussed in the light of the theory. (150 pages, indexed; $1.50 paper, $2.00 cloth)

How Can Europe Survive?

by Hans Sennholz

Europe’s plight is not the result of capitalism, but is due, rather, to government interference with the capitalistic system. The economic principles involved apply in all countries at all times. (336 pages, indexed; $4.00 cloth)

The Humanitarian with the Guillotine

by Isabel Paterson

A penetrating analysis of government “charity.” This booklet includes also a second essay by the same author, “Our Japanized Educational System.” (32 pages; 25¢, 5 for $1.00)

Human Action

by Ludwig von Mises

Dr. Mises “treats economics itself as merely part of a more universal science, ‘praxeology,’ or ‘the science of every kind of human action . . . . ‘ This book is the counterweight of Marx’s Das Kapital and of Lord Keynes’ General Theory . . . .

If any single book can turn the ideological tide that has been running in recent years so heavily toward statism, socialism, and totalitarianism, Human Action is that book.”—Newsweek. (889 pages; $10.00 cloth)

INDEX prepared by Vern Crawford

A detailed and extensive supplement to the index in the book. (20 pages; 50¢)

Industry-Wide Bargaining

by Leo Wolman

An economist clarifies this issue and analyzes the. origin, causes, effects, and influences of this development in labor relations. (63 pages; 50¢)

The Issue of Our Time

by William J. Palmer

A lawyer exposes the frauds and deceptions of communism, contrasting that system with competitive capitalism. (40 pages; 25¢)

The Key to Peace

by Clarence E. Manion

“The author (formerly Dean of Notre Dame Law School) emphasizes that our free institutions rest upon a religious conviction that every individual is a child of God and therefore is of supreme worth . . . . It is one of the greatest books of all my reading experience.”—Norman Vincent Peale. (121 pages; $2.00 cloth)

The Law

by Frédéric Bastiat

What is law? What should it be? By what process is the law perverted from its proper function into an instrument of robbery? The answers posed are as vital to us today as they were to their original readers more than 100 years ago. (76 pages; 65¢ paper, $1.25 cloth)

STUDY GUIDE prepared by Thomas J. Shelly

(16 pages; 25¢)

“Liberals” and the Constitution

by Henry Plowdeeper

Modern “liberals” have taken liberties with the Constitution itself. The author re-examines the basic reasons for constitutional limitations upon the scope and power of government. (301 pages, indexed; $3.00 cloth)

Libertarian Books and Their Authors

by Mary Homan Sennholz

Brief reviews of 100 books on economics, history, and philosophy selected by F. A. Harper as a “Bibliography on the Voluntary Society,” together with biographical data about each of the authors. (86 pages multilithed; $1.00. No charge for Harper’s list.)

Liberty: A Path to Its Recovery

by F. A. Harper

A thought-provoking explanation of hu man liberty and its present plight. A method for measuring lost liberty is here offered. (159 pages, indexed; $1.00 paper, $1.50 cloth)

The Mainspring of Human Progress

by Henry Grady Weaver

A revised edition in a new format. A readable and fascinating history of human progress and how NOT to stop it. More than 200,000 copies have been sold. Many persons have referred to this book as the best introduction ever written on liberty. (279 pages, indexed; $1.50 paper, $2.50 cloth)

STUDY GUIDE prepared by Thomas J. Shelly (44 pages; $1.00)

The Man Versus the State

by Herbert Spencer

In 1851, Mr. Spencer began to publish his essays on liberalism that foretold what would happen to freedom under the socialist-communist theory of government then coming into popularity. (213 pages, indexed; $2.50 cloth)

On Freedom and Free Enterprise

edited by Mary Homan Sennholz

A collection of essays to honor Dr. Ludwig von Mises upon the occasion of the fiftieth anniversary of his doctorate. The nineteen authors, all “students” of the free market economy, comment on various aspects of economics, especially as interpreted by Dr. Mises. (333 pages, indexed; $3.50 cloth)

On Liberty

by John Stuart Mill

A convenient, pocket-size, readable edition of a great classic. (148 pages; 85¢)

Our Nation’s Water Resources—Policies and Politics

by Ben Moreell

An analysis of government versus private development of power and water resources. (245 pages; $3.50 cloth)

Outlook for Freedom

by Leonard E. Read

The story of a person who honestly examines his own soul for socialistic leanings. (40 pages; 50¢)

The Pension Idea

by Paul L. Poirot

A thorough and thought-provoking exploration of the various, advertised “paths to security.” (52 pages; 50¢)

Recent Changes in American Constitutional Theory

by John W. Burgess

A 1923 study of the trend toward governmental despotism, by a professor of political science and constitutional law. (115 pages; $1.00)

Sequoyah: Symbol of Free Men

by F. A. Harper

The lesson to be learned about freedom from the life and activities of one American Indian, plus a discussion of the philosophy of freedom. (Multilithed; 29 pages; 30¢) Available also in Spanish translation.

Shirtsleeve Economics

by William A. Paton

A clear, keen analysis of today’s important economic problems. (460 pages, $4.50 cloth)

Socialism

by Ludwig von Mises

This edition (1952) includes as its Epilogue the essay, Planned Chaos (available separately, $1.35 cloth). When SOCIALISM first appeared in English (1937), Henry Hazlitt called it “the most devastating analysis . . . yet penned.” (599 pages, indexed; $5.00 cloth)

Students of Liberty

by Leonard E. Read

“The problem of liberty is how to preserve independence in a highly specialized society in which interdependence plays a major role.” (60 pages; 50¢)

The Tariff Idea

by W. M. Curtiss

A thoughtful study of the problem of tariffs as they relate to wages, prices, levels of living, competition, war, and other vital issues. (80 pages; 50¢)

Ten Thousand Commandments

by Harold Fleming

A popularly-written study of the antitrust laws and their effect. “This book is not for lawyers, but for people.” (214 pages, indexed; $1.50)

The Theory of Collective Bargaining

by W. H. Hurt

A careful and scholarly exposure of the illusion that unionism can raise wage rates above the market level without harm to anyone except the “exploiters.” (150 pages, indexed; $3.00 cloth)

The Theory of Money and Credit

by Ludwig von Mises

This new edition (1953) is enlarged with an essay on “Monetary Reconstruction.” Dr. Mises explains the function of money as a medium of exchange, the factors influencing its value, and the effects of governmental intervention. Solution of current monetary problems presupposes “a radical change in economic philosophies.” (493 pages, indexed; $5.00 cloth)

The Treatment of Capitalism by Historians

by T. S. Ashton

Some facts about the “Industrial Revolution” which help to explode a few popular misconceptions. Reprinted from Capitalism and the Historians. (36 pages; 35¢, 10 for $3.00)

The TVA Idea

by Dean Russell

A readable explanation of the social, political, and economic consequences of the TVA “idea” in practice. (108 pages, indexed; 75¢)

Understanding Our Free Economy

by Fred R. Fairchild, in collaboration with Thomas J. Shelly

This book, offered as a high school text, explains how our economy operates and examines points of departure from freedom toward compulsory collectivism in our own lives. (589 pages, indexed; $3.96 cloth)

United Nations: Road to War

by V. Orval Watts

The UN “is at war with the only new political idea and method in the world—the idea of individual sovereignty and the method of limited government.” (141 pages; $1.50)

What Social Classes Owe to Each Other

by William Graham Sumner

A classic on individual freedom and personal responsibility, written in 1883. (146 pages; $1.25)

Where We Are At

by Thomas H. “Barber

As if chatting with a neighbor, the author points out forces that have brought war, debt, confusion, and frustration. (255 pages; $1.50 paper, $2.50 cloth)

Agrarian Reform

by Paul L. Poirot

An “embattled farmer” of 1955 stands firm against the tide of government encroachment.

Bill of Rights

by Dean Russell

A concise discussion of the meaning of the first ten Amendments.

Charity: Biblical and Political

by Russell J. Clinchy

A minister finds no Christian charity in the compulsory device Of governmental aid.

Combating Statism

by Leonard E. Read

A suggestion for the person who wishes to “do something” about ever-increasing government.

Conscription

Part I by Daniel Webster

Part II by B. H. Liddell Hart

The philosophy and the practical results of compulsory military service.

Dangers of Treaty Law

by Frank E. Holman

One means by which the Constitution may be by-passed.

Discrimination

by F. A. Harper

If man were deprived of the ability or the right to discriminate, he would perish.

Do You Dare To Be Different?

by Kenneth W. Sollitt

A minister examines forced conformity.

“Downtown” Socialism

by E. W. Dykes

Why not let private enterprise solve the parking problem?

Eating the Seed Corn

by F. A. Harper

An analysis of the decline of capital formation in America.

Economic Myths of Early Capitalism

by F. A. Hayek

An economist exposes the myths used to discredit our present economic system.

Education for 1984

by Arthur E. Bestor

A professor examines the trend of modern or “progressive” education.

The First Leftist

by Dean Russell      

The first Leftists were actually against government controls!

The Guaranteed Life

by Maxwell Anderson

A leading playwright points out the harsh truth that “men who are fed by their government will soon be driven down to the status of slaves or cattle.”

The Individual in Society

by Ludwig von Mises

Competition in the market protects the freedom of buyers and sellers.

Inflation

by F. A. Harper

Whoever controls the money supply is solely responsible if there is inflation and, consequently, high prices.

Isaiah’s Job

by Albert Jay Nock

Encouragement to those who despair of saving freedom.

A Just Price and Emergency Price Fixing

(originally entitled “Stand-by Controls”)

by F. A. Harper

Are governmental price controls ever effective?

Liberalism Stands for Freedom

by Towner Phelan

Traditional liberalism versus the economic platform shared in common by fascists, communists, and advocates of the “social welfare” state.

Mirage of Perpetual Boom

by Albert C. Wilcox

Politicians seek to stimulate production through inflation by adding to the “purchasing power” of favored groups.

Not Worth a Continental

by Pelatiah Webster

A modern description, written in 1780, of the fatal consequences of governmental tampering with money.

On Minding One’s Own Business

by William Graham Sumner

Today, as in 1883, “laissez faire means: Mind your own business. It is nothing but the doctrine of liberty•”

On That Day Began Lies

by Leonard E. Read

An analysis of the danger of permitting organizations to speak for their members.

Ownership in Common

by Dean Russell

Some of the consequences of governmental ownership and control, particularly in the electric industry.

The Penalty of Surrender

by Leonard E. Read

An examination of compromise and the “middle way.”

The Price of Price Controls

by Irving S. Olds

A summary of 40 centuries of controls.

Price Supports

by W. M. Curtiss

Governmental interference in the market affects both producers and consumers.

Property Rights and Human Rights

by Paul L. Poirot

Property has no rights; there is only the human right to own property.

The Right To Own Property

by Arthur C. Shepard

A defense of private property against violation by government.

Rights for Robots

by Sir Ernest Benn

“Socialism is not a system; it is a disease.”

Shackles of Gold

by Frank Chodorov

There is nothing wrong with money that freedom won’t cure.

Show Me Any Other Country

by Betty Knowles Hunt

A housewife’s extraordinary answer to a leading socialist.

Source of Rights

by Frank Chodorov

The individualist proclaims that every person possesses certain inalienable rights.

Survival of the Species

by Ben Moreell

“I do not fear the Russian army nearly as much as I fear the concept of using our own laws to relieve individuals of the responsibility for their own decisions and welfare.”

Two Paths to Collectivism

by Russell J. Clinchy

A minister examines the danger to freedom to be found in government subsidies.

Two Ways To Stop Strikes

by Leonard E. Read

Force versus understanding.

Victims of Social Leveling

by Leonard E. Read

The effects of government aid on three persons: the one from whom the money is taken, the one to whom it is given, and the one in charge of the process.

Wards of the Government

by Dean Russell

The American Indians have had government-guaranteed “security” for about 100 years. With what results?

What Does Freedom Mean to You?

by Russell J. Clinchy

A minister points out some inconsistencies about what government tries to do in the name of freedom.

Where Karl Marx Went Wrong

by Samuel B. Pettengill

Did machines or government decrease hours of labor? What caused our increased living standard—laws or capital?

Agriculture’s Sacred Seventh

by F. A. Harper

Farm price support precludes the free market and drives toward a monopoly.

Bargaining

by Paul L. Poirot

Voluntary exchange allows individuals to specialize and trade to their mutual advantage.

Clippings of Note Pamphlet

Seven Clippings of Note (numbers 68-74) reprinted in pamphlet form. The authors are Herbert Hoover, Hughston M. McBain, John L. McCaffrey, Paul L. Poirot, Dean Russell (2), and Kenneth W. Sollitt.

Competition? Yes, But . . .

by Charles F. Phillips

“Much of what we daily refer to as unfair competition is really just keen competition.”

Education for Privacy

by Marten ten Hoor

A college dean and professor of philosophy expresses “skepticism concerning the present emphasis on social-mindedness in education.”

Equality and Security

by Dean Russell

Personal experience with “guaranteed equality and security,” plus a discussion of moral law.

Freedom To Shop Around

by Hart Buck

“Anything which interferes with people’s freedom to shop around can only cause fewer goods to be made and fewer things to be done.”

Gaining the Free Market

by F. A. Harper

Five principles behind a free market.

Human Rights and the United Nations

by Russell J. Clinchy

An analysis of natural law and political law and their relationship to human rights.

The Lengthening Shadow of Government

by Edmund A. Opitz

Democratic government, like any other, can destroy individual freedom; the difference is that democratic control comes slowly and in disguise.

Liberty and Taxes

by Bradford B. Smith

A critical examination of progressive taxation as it relates to the principles of a voluntary society. (6" x 9"; 20 pages)

Morals and the Welfare State

by F. A. Harper

“Economics and morals are both parts of one inseparable body of truth. They must, therefore, be in harmony with one another.”

My Freedom Depends on Yours

by Dean Russell

The slave owner or controller loses some of his own freedom when he imposes his will upon others.

No Vacancies

by Bertrand de Jouvenel

An illustrated report of the effects of over 30 years of French rent control. (5½” x 8½”; 16 pages; charts, photographs)

Of Bread and Circuses

by Ben Moreell

Because of domestic politics, Rome was ripe for destruction when the barbarians came. Can we learn from this lesson of history? (6" x 9"; 24 pages)

The Personal Practice of Freedom

by Ed Lipscomb

“Freedom has no hands with which to work, no eyes with which to see, no voice with which to speak, but yours and mine.”

Public Housing

by Paul L. Poirot

Some unforeseen consequences of making anybody’s housing problem everybody’s responsibility.

The Role of American Business in Social Progress

by Ben Moreell

“. . . society needs three kinds of men; those who work, those who fight, and those who pray.” (6" x 9"; 24 pages)

Social Security

by Paul L. Poirot

“A government which can take a man’s property, including his wages and other current earnings, can control that man’s life.”

31¢

by F. A. Harper

An analysis of the impact of government on the cost of living of the average American citizen. (5" x 7"; 24 pages)

To Communism . . . via Majority Vote

by Ben Moreell

In 1848 in his Communist Manifesto, Karl Marx laid down the platform of communism. How much of it have the American voters demanded for themselves? (6" x 9"; 34 pages)

TVA: Profit or Loss?

by Eugene A. Stephenson

An explanation of some confusions and omissions in TVA’s financial statistics.

Two Ways to Slavery

by James M. Rogers

Can we today profit from the experience of the Israelites who gave up their freedom to Joseph in Egypt and again to the kings in Canaan?

Lists of Suggested References for Debate and Discussion

prepared by Bettina Bien:

Education—for the “Needs of Society” (7 pages)

How Should the Educational Opportunities Be Increased for the Youth of the United States? (5 pages)

In Discussing Foreign Trade (7 pages) Can Industry Guarantee an Annual Wage to Its Employees? (5 pages)

What Agricultural Policy? (15 pages)

Economic Aid to Foreign Countries (6 pages)

How To Start and Conduct a Constitution Study Group

by Charles Hull Wolfe

Some practical suggestions for the discussion group leader. (19 pages)