Feature Article #1

The Two-Price System: U.S. Rationing During World War II

As the United States mobilized for war after mid-1940, the government’s demands for munitions and related resources began to put pressure on certain markets, and soon prices began to rise. In 1941 they... Read more

Robert Higgs | April 24th, 2009 | Continued

Feature Article #2

Do We Need Deposit Insurance?

Before 1914 the U.S. economy experienced frequent bank runs and financial panics. Runs occurred when a shock to one or a few banks—such as crop failure, a major loan default, or a corruption scandal—caused... Read more

Jeffrey Miron | April 24th, 2009 | Continued

Feature Article #3

Mainstream Macro in an Austrian Nutshell

Of all the losses suffered during the current recession, one of the most notable (and well deserved) is the loss in reputation suffered by today’s macroeconomics textbooks. J. Bradford DeLong admits... Read more

Roger W. Garrison | April 24th, 2009 | Continued

Feature Article #4

A Crisis of Political Economy

One of the things that I have long admired about Austrian-school theorists, such as Ludwig von Mises, F. A. Hayek, and Murray Rothbard, is their understanding of political economy, a concept that conveys,... Read more

Chris Matthew Sciabarra | April 24th, 2009 | Continued

Feature Article #5

Capitalism: Yes and No

Note: This article originally appeared in the February 1985 issue of The Freeman. Some terms and phrases are well suited to lucid discourse and even debate. This is generally the case when they have a... Read more

Clarence B. Carson | April 24th, 2009 | Continued

Feature Article #6

Ought Implies Can

One of the most common objections to free markets is that they ignore ethical considerations. In particular, critics argue that there are many things we “ought” to do that they believe will make people’s... Read more

Steven Horwitz | April 24th, 2009 | Continued

Feature Article #7

Global Warming Revisited

In the May 2001 Freeman I published “Unprecedented Global Warming?” which noted that climate change (global warming and global cooling) is a continuing phenomenon and that what we’ve witnessed in... Read more

Michael Heberling | April 24th, 2009 | Continued

About this Site

The Freeman: Ideas on Liberty, is the flagship publication of the Foundation for Economic Education and one of the oldest and most respected journals of liberty in America. For almost 50 years it has uncompromisingly defended the ideals of the free society.
Through its articles, commentaries and book reviews, several generations of Americans have also learned [...]