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LAISSEZ FAIRE!

The International Society for Individual Liberty


Spring 2010
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Mises in China
The Green Racket
New books from
Laissez Faire Books
Laissez Faire! is a quarterly Dear Friends of Laissez Faire Books and ISIL,
publication incorporating ISIL’s The International Society for Individual Liberty continues to make progress in spread-
Freedom Network News and ing the freedom message around the world. And it is most encouraging that the overseas
Laissez Faire Books’ Booklist liberty movement is growing rapidly, especially among the young.
and Review. It is available to cur- There will be a record number of Liberty English Camps this year. These camps, made
rent members of the International up mostly of high-school and university students, teach the principles of liberty, and in-
Society for Individual Liberty, creasingly of entrepreneurship, while improving the English skills of the students.
recent customers of Laissez Faire The second annual camp was recently held in Kyrgyzstan, just after the revolution that
Books and paid subscribers. Sub- overthrew the dictatorial regime. The host of the Liberty Camp, Mirzulzhan Namaliev and
scriptions are $10 for four issues. the fledgling Central Asian Free Market Institute of Bishkek, are advising the new provi-
Published by: sional government. The camp itself was a success, with 40 students learning lots about the
inspiring ideas of liberty and entrepreneurship.
ISIL/Laissez Faire Books July will see the CYCLE (Casey Youth Conference on Liberty and Entrepreneurship)
835 W. Warner Rd., #101-617, in Lithuania, organized by ISIL Rep Virgis Daukas and largely sponsored by famed lib-
Gilbert, AZ, 85233. ertarian international investment advisor Doug Casey. Many of the students will come
from Belarus, escaping from the authoritarian Lukashenka regime for a week, and taking
James Peron, editor. infectious freedom ideas back home! Lithuania is the “granddaddy” of the Liberty English
James Elwood, assistant editor. Camps, having been started by Virgis and by Stephen Browne in the early 1990s—after
Mark Pickens, assistant. they met at an ISIL international conference in Poprad, Slovakia.
Also in July will be Liberty Camps in Poland, hosted by Jacek Spendel and the Glo-
1-707-746-8796 balization Institute of Warsaw; and Slovakia, hosted by Radu Durana and the Institute
Askus@lfb.org for Economic and Social Studies (INESS) thinktank of Bratislava. These camps, as was
Kyrgyzstan, were co-organized by Glenn Cripe and the Language of Liberty Institute
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Burkina Faso and Portugal, and a second camp in Ghana. Barun Mitra of the Liberty Insti-
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view was sent monthly on a free basis in Tbilisi will hold a fourth Georgian Liberty Camp.These liberty youth camps grew out
to thousands of people, most of whom of ISIL’s conferences and international network, and have received substantial financial
never purchased from Laissez Faire. support from ISIL members.
That policy meant financial trouble We are especially excited to see ISIL’s networking resulting in a variation of the Lib-
for LFB’s previous owners and cannot erty Camps expanding into China, thanks to the efforts of Li Schoolland. (See article on
be continued under ISIL’s new man- page 7) Over 150 university students are signed up for this first China Austrian Econom-
agement. However, there are several ics Camp, featuring a powerful international faculty.
ways to obtain this magazine, includ- ISIL’s Laissez Faire Books continues to grow, with hundreds of titles now in stock!
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tional cost. All individuals who have We also look forward to new book translations coming into print by years’ end, such as
purchased in the previous two years the Hindi edition of my free-market fable The Adventures of Jonathan Gullible—which
will receive one copy annually free of has already been printed in a record-shattering 46 languages!
charge. For example, if you purchase We hope to see you at the second annual ISIL/LFB Winter Retreat and Conference,
from this issue you will receive the scheduled for January 7-10, 2011 in Phoenix.
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first 2011 issue. If you then purchase generous contributions of our loyal ISIL members. We invite all of you to join the ISIL
from the next issue you will receive
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Table of Contents
quarter, you make a purchase we will
automatically extend your subscrip-
tion for one more issue.
All members and donors to the In- The Green Racket............................................................. page 3
ternational Society for Individual Mises in China................................................................... page 7
Liberty automatically receive Laissez
Faire! during the term of their mem- Successful Launch of Winter Retreat...............................page 8
bership. A basic membership is $35 Lies the Government Told You........................................ page 11
per year, $15 for students or those on
a fixed income. For membership in- Laissez Faire’s Publishing Program Expands............... page 13
formation go to www.isil.org. Laissez Faire Catalogue....................................................page 14
Laissez Faire! Spring 2010 • Page 3

THE GREEN RACKET


ENVIRONMENTALISM FOR PROFIT
By Tim Carney way to respond to global warming, despite ample evi-
“If we are willing to work for it, and fight for it, and be- dence that this approach does not pass a basic cost-
lieve in it,” Senator Obama told his fans after finally wrap- benefit test. We must ask whether a “climate-industrial
ping the Democratic nomination, “then I am absolutely complex” is emerging, pressing taxpayers to fork over
certain that generations from now, we will be able to look money to please those who stand to gain.
back and tell our children that ... this was the moment when Obama’s “spectacular and costly action” promising “the
the rise of the oceans began to slow and our planet began
to heal.”
This was the promise of Obamanomics: if the right people
got in power and used that power in the right ways, they
could cure the world. Obama would heal not just the people
on earth, but the planet itself.
The central struggle in Obama’s fight to heal the planet
has been curbing carbon dioxide and other greenhouse
gas emissions that contribute to global warming. But the
soaring rhetoric of candidate Obama has given way to the
ugly truths of Washington and the stubborn laws of Obam-
anomics. Climate change legislation has become a special-
interest porkfest with the most well-connected companies
lobbying for handouts. By summer 2009, Obama was rally-
ing America behind a bill whose provisions his own budget
director had earlier said would represent “the largest cor-
porate welfare program that has ever been enacted in the
history of the United States.” miraculous solution” to climate change is an ambitious new
Other Obama environmental policies have also become regulatory scheme called “cap-and-trade.” The scheme’s
corporate welfare boondoggles. And as government accu- premise is that carbon emissions, especially from burn-
mulates more power under Obama, and as the special inter- ing fossil fuels such as coal and oil, are leading to poten-
ests engage in Regulatory Robbery, small business, taxpay- tially catastrophic global warming. While some basic facts
ers, and consumers all face higher prices, more regulations, of this premise are undisputable—fossil fuel use adds to
and higher taxes. greenhouse-gas concentrations, which has a net warming
effect—there are plenty of scientific reasons to question the
THE CLIMATE RACKET dogma that we are causing radical climate change that will
wreak havoc on the planet. Still, global warming alarmists
Scientist Bjørn Lomborg coined the phrase “Climate-In- like Al Gore insist that “the science is settled.”
dustrial Complex.” In an op-ed in the Wall Street Journal, But even if you were to grant Al Gore and Barack Obama
Lomborg wrote: their premises on the causes and effects of climate change,
Some business leaders are cozying up with politicians there’s even more reason to doubt the effectiveness of their
and scientists to demand swift, drastic action on global proposed fixes—especially once you see how these policies
warming. This is a new twist on a very old practice: have become special-interest porkfests.
companies using public policy to line their own pockets. The point of cap-and-trade is to lower the earth’s CO2
The tight relationship between the groups echoes the levels by forcing people to pay to produce or emit carbon.
relationship among weapons makers, researchers and A carbon tax would be the most straightforward way to
the U.S. military during the Cold War. President Dwight achieve this, but industry lobbyists and most politicians,
Eisenhower famously warned about the might of the including Barack Obama and John McCain, favor cap-and-
“military-industrial complex,” cautioning that “the po- trade. We can guess a few of the reasons.
tential for the disastrous rise of misplaced power exists First, cap-and-trade is not called a “tax,” which makes it
and will persist.” He worried that “there is a recurring easier to sell, even though it functions much like a tax. Sec-
temptation to feel that some spectacular and costly ac- ond—and probably more important—cap-and-trade neces-
tion could become the miraculous solution to all current sarily involves more political tinkering and more lobbying.
difficulties.” Cap-and-trade requires an emitter to pay for his emissions
This is certainly true of climate change. We are told with special permits, also called allowances or credits.
that very expensive carbon regulations are the only Whoever has a permit can use it to pay for his emissions, or
Laissez Faire! Spring 2010 • Page 4

he can sell it to someone else who needs it—or to someone percent of all the credits for free—an estimated value of $9
else who intends to sell it again. The government would not billion. Companies burning coal to make electricity would
set the price of a permit—Washington would dictate only also get billions in free credits. Starting in 2014, oil refiner-
how many permits are in circulation, and the market would ies would pocket, at no charge, about 2 percent of all the
set the price. credits. Electric utilities would also get 2 percent starting
But this basic groundwork leaves many questions—and in 2014.
corporate lobbyists are eager to help Congress and the So, all these companies would need to “pay” for their
Obama administration answer them. emissions with permits, but they would get their permits
First, which emitters will be covered? This is a key ques- for free, with the proportions determined by negotiations
tion, since every person emits carbon (by exhaling) or between lobbyists and lawmakers.
methane, as do cars, factories, landfills, farms, and just If permits worth $51 billion are given away for free, does
about every other living being or productive enterprise. this have any impact? Yes. Even if you got Super Bowl
Then there’s the fact that cap-and-trade will disadvantage tickets for free, they would still be worth hundreds of dol-
American manufacturers—already struggling—compared lars, because supply and demand—not the cost of acquisi-
to Mexican, Chinese, or Guatemalan manufacturers who tion—sets price. Imagine if your business wanted to start
don’t have carbon caps. Are Congress and competing against Caterpillar—you would need to buy
the president really willing to kill blue-col- yourself some carbon credits, while
lar jobs? Caterpillar would already have its
Things get even more fun when credits for free. This new barrier to
we talk about “offsets,” which are entry drives up costs.
practices that take greenhouse gasses So who ultimately will pay for this
out of the atmosphere. Since trees
entire regulatory system? That’s
suck up CO2, maybe the government
should give you carbon easy: the consumers will.
credits for planting trees. Gasoline, electricity, and heat-
But then should you have ing oil will all become more
expensive under cap-
to spend the credits when and-trade, and so will
the tree dies and decays, everything that is made
giving off much of the CO2 it or shipped using electric-
absorbed? If a forest fire wipes ity, coal, gas, or oil—which is
out your trees, will the EPA come
pretty much everything. Unsur-
and demand those credits back?
prisingly, the Government Ac-
Then there are the two big ques-
countability Office found that
tions: How many permits will the regular people would end up paying the tab
government create? And how will while corporations pocketed the profits: “Most
they initially be distributed?
of the benefits of freely allocated allowances
As you would imagine, all these questions
will accrue to the shareholders of entities that
have been the object of the fiercest lobbying,
receive them,” the GAO wrote. “However, con-
providing brilliant opportunities for lobbyists
sumers are unlikely to see these benefits in the
and self-serving politicians to game the system. But Con- form of lower prices, since most covered enti-
gress’s attempt to answer the last question—how to distrib- ties will pass on costs associated with a cap-and-trade pro-
ute the permits—has shown most clearly that cap-and-trade gram, even when they receive allowances for free.”
is a corporate welfare porkfest of nearly unprecedented Obama originally opposed giving away the credits. His
proportions. budget director, Peter Orszag, told the House Budget Com-
mittee:
CORPORATE GIVEAWAYS If you didn’t auction the permits, it would represent
the largest corporate welfare program that has even
The cap-and-trade bill that passed the House in July 2009, been enacted in the history of the United States. All
called Waxman-Markey, would give away 85 percent of all of the evidence suggests that what would occur is that
the emission permits in 2012, the first year the emissions corporate profits would increase by approximately the
caps would be in force. The bill would auction off the other value of the permits.
15 percent. The EPA estimated that all the permits in 2012 But Obama later endorsed Waxman-Markey,which gives
would be worth $60 billion. That means the House passed a away 85 percent of the credits. Understandably, some of
bill to give away $51 billion in assets. Obama’s green allies did not like seeing their cherished
Energy-intensive, “trade-sensitive” industries such as anti-carbon regime transform into “the largest corporate
steelmakers, cement makers, and paper mills would get 15 welfare program” in U.S. history. Greenpeace announced,
Laissez Faire! Spring 2010 • Page 5

“Despite President Obama’s assurance that he would enact


strong, science-based legislation, we are now watching him
put his full support behind a bill that chooses politics over
science, elevates industry interests over national interest.”
After the House passed it, Obama praised the bill as “a
historic piece of legislation.” And in terms of doling out
corporate welfare, it certainly was.

ENTER THE LOBBYISTS

The biggest winners under Waxman-Markey would be


the regulated electric companies, which would receive 30
percent of the free credits.
The Edison Electric Institute, an association of electric
companies, is at the core of the industry’s influence. In
the first quarter of 2009, EEI spent $2.6 million on lob-
bying, placing it 29th overall, just ahead of defense giant
Boeing. In the first half of 2009, the group retained about
twenty outside lobbying firms and employed about twenty
in-house lobbyists.
Energy and Environment Daily reported how aggressive-
ly EEI lobbyists labored for Waxman-Markey:
Tom Kuhn, the group’s executive director, stood in the Security Act.” The company’s second-quarter 2009 lobby-
doorway during the late night Energy and Commerce ing report states AEP lobbied on the bill, “for and against
Committee markups in May. And EEI’s senior vice various provisions, generally in favor.”
president, Brian Wolff, a former top political adviser Morris explained to Forbes how cap-and-trade with free
to House Speaker Nancy Pelosi (D-Calif.), worked the credits means profits. AEP isn’t worried about the costs
Capitol corridors, lobbying reluctant Democrats in the of cap-and-trade, Morris said, because they’ll mostly be
hours before the House adopted the bill on a narrow, passed on to consumers or covered by free credits. But the
219–212 vote. upside is that cap-and-trade will eventually allow AEP to
This lobbying won the electric companies billions in charge much higher prices.
free credits. The bill, however, required these utilities to Here’s how: regulators only allow utilities to make a slim
pass this wealth down to consumers in order to dampen profit on the energy they supply to customers. But when
rate spikes. If this requirement actually works, it would re- utilities have to make capital improvements—building new
duce the effective tax hike of cap-and-trade. But by keeping power plants or new transmission wires—regulators allow
electricity rates low, the requirement would also trample on them larger margins. And Waxman-Markey, which requires
the central environmental premise of the bill—promoting utilities to use new sources of renewable fuels, would open
conservation by making people pay for their emissions. that door. According to Morris, deploying carbon capture
It’s hard to see how government will ensure none of this and storage technology would allow AEP to raise prices
free money turns into higher executive salaries, a new wa- 30–50 percent.
ter cooler, or some new parking spots at the electric corpo- In short: building new infrastructure is where the profit
rate offices. Ultimately you will pay for all this, of course, is for utilities. If utilities just built and built with no con-
because the cap will inevitably drive up prices throughout sumer demand, though, regulators wouldn’t allow the utili-
the whole economy, even if some players are getting the ties to recoup the costs. But if the federal government is
permits for free. demanding the new infrastructure, then the state regulators
will have to go along and allow rate hikes. Once again,
KING COAL PROFITS FROM CAP-AND-TRADE Obamanomics allows Big Business to get paid for building
something nobody wants—and once again, consumers foot
American Electric Power uses more coal than any other the bill.
consumer in the Western Hemisphere. And coal is the most Agriculture interests got their share of Waxman-Markey
CO2-intensive source of electricity. So, if you buy Obama’s too, with the biggest prize, it seems, going to agri-chemical
rhetoric, it might seem inexplicable that AEP lobbied in fa- giant Monsanto. Rural congressmen led by Agriculture
vor of Waxman-Markey. Committee chairman Collin Peterson, a Minnesota Demo-
In September, Mike Morris—the president, chairman, and crat, raised concerns in June about the Waxman-Markey
CEO of AEP—wrote a public letter declaring, “American bill. Although farming was eventually exempted from the
Electric Power supports the American Clean Energy and bill’s emissions caps, Peterson wanted more: he wanted
Laissez Faire! Spring 2010 • Page 6
farmers to earn offsets for adopting farming methods that ning shoes in New England. So Waxman-Markey would
kept CO2 trapped in the soil. House Speaker Nancy Pelosi regulate New Balance’s emissions, but not Nike’s. In other
agreed to Peterson’s demands. words, Waxman-Markey would drive up New Balance’s
As the liberal environmentalist website Grist explained, costs, but not Nike’s.
this was a big win for Monsanto. That’s because one way Nike might really want to save the planet, but its sup-
of trapping CO2 in the soil is by planting crops directly port for climate change sure looks like a case of Regulatory
into the ground without plowing, a practice called “no- Robbery.
till.” Monsanto just happens to make “Roundup Ready” BUY LOW, SELL HIGH
seeds that can withstand the heavy herbicide doses no-till
requires. And cap-and-trade rewards no-till farming with “On climate change,” General Electric executive John
carbon credits. So the government will be providing farm- Rice wrote to his colleagues, “we were able to work closely
ers a big incentive to use Monsanto’s product. with key authors of the Waxman-Markey climate and en-
And sure enough, Monsanto reported that it lobbied on ergy bill, recently passed by the House of Representatives.
climate change, with its lobbyists including Dean Aguil- If this bill is enacted into law it would benefit many GE
len, a former staffer for Speaker Pelosi. Also, Novecta, a businesses.”
consulting and lobbying arm of the Iowa and Illinois Corn This 2009 email reminded me of an internal email I read
Growers Associations, lobbied Congress to grant offset in 2002 from a different energy company discussing the
credits for no-till. Monsanto helped Novecta with this lob- Kyoto Protocol, a treaty effectively requiring cap-and-trade
bying push. laws similar to Waxman-Markey. That email said, “This
Winning free permits isn’t the only way to get rich off agreement will be good for Enron stock!!”
climate change—trading them can be profitable, too, for GE plays a central role in lobbying for green laws that
the well positioned. Goldman Sachs has been particularly
aggressive in carbon-related investing. Goldman owns 10
percent of the Chicago Climate Exchange (CCX)—a $24
million investment. CCX bills itself as “the world’s first
and North America’s only active voluntary, legally bind-
ing integrated trading system to reduce emissions of all
six major greenhouse gases (GHGs), with offset projects
worldwide.”
Obama’s climate change regulations would make CCX
no longer “voluntary” for the businesses covered by the
regulations—good news for Goldman and others of that
ilk. CCX’s CEO, by the way, Richard Sandor, sits on the
board of AEP.
JUST DO IT

Nike makes good shoes, but its leadership in the U.S.


sneaker market is largely a result of the company’s image.
Michael Jordan, Tiger Woods, the trademark “swoosh”—
for Nike, image may not be everything, but it’s the biggest
thing.
So, when Nike gave up its seat on the U.S. Chamber of
Commerce in protest over the Chamber’s opposition to add to the firm’s profits while bleeding consumers, taxpay-
Waxman-Markey, it would have been easy to conclude the ers, and smaller competitors—so central that the company
company was simply burnishing its green image. After all, gets its own chapter in this book. But GE has plenty of com-
the firm had already invested a small fortune to replace sul- pany in seeking to cash in on cap-and-trade and other green
fur hexafluoride—a potent greenhouse gas—in its Nike Air legislation.
shoes with nitrogen. When operating within Green Obamanomics, an excel-
But some inconvenient facts belie Nike’s green image: lent corporate tactic is Making an Offer You Can’t Refuse.
namely, Nike emissions from its “manufacturing and logis- While cap-and-trade drives money to “green” technologies
tics” jumped 62 percent from 1998 to 2005, according to that consumers and investors wouldn’t demand in a free
the company’s own public reports. market, Obama has not hesitated also to use mandates to
That’s because Nike makes a vast majority of its ap- make people buy things they don’t want. If you invested in
parel overseas, primarily in Asia. Conveniently, all these that thing, Obamanomics spells profits.
factories will be unaffected by Waxman-Markey. In con- A perfect example comes to us from Mark Patterson who,
trast, Nike’s competitor, New Balance, makes its best run- as of this writing, is the chief of staff at the Treasury Depart-
Laissez Faire! Spring 2010 • Page 7
ment. Patterson used to be a lobbyist at Goldman Sachs, ergy, trumpeted its advances in cellulosic ethanol in Sep-
where he lobbied on the Energy Independence and Security tember 2009, the company’s CEO said, “This is just the
Act of 2007 and on Cellulosic Ethanol, an alcohol fuel de- type of program that President Obama, Congress and the
rived from grass and other plants. Department of Energy are calling for to achieve the Na-
What is Goldman’s stake in cellulosic ethanol? The firm tion’s renewable fuel targets.”
just happens to have paid $30 million in 2006 for a big stake Obama is also calling for a renewable energy standard,
in Iogen Corp., a Canadian company specializing in cellu- which would be, in effect, a mandate for solar and wind
losic ethanol technology. Commentators saw Goldman’s power. Unsurprisingly, companies like Goldman, Duke En-
investment as a sign that cellulosic ethanol was a promising ergy, and GE are ramping up their investments in renewable
technology. But Goldman’s lobbying record suggests that energy.
the firm saw ethanol’s promise as contingent upon govern- Obama needs mandates to get people to use solar and
ment help. It’s telling that Iogen set up its U.S. headquarters wind energy because these power sources are more expen-
in Arlington, Virginia, just across the river from the capital. sive than electricity from coal, nuclear, or natural gas. If
Sure enough, the 2007 energy bill, which Obama voted wind and solar electricity were the same price or cheaper,
for, included a cellulosic ethanol mandate—gasoline blend- electric companies would use these technologies of their
ers were required to buy certain amounts of cellulosic etha- own volition.
nol each year, with the required quantity rising annually. For this reason, mandates mean higher prices for everyday
The mandate adds to the price of gasoline, and those profits people. But they also mean profits for the likes of Goldman,
go straight into Iogen’s coffers— and ultimately into Gold- Duke Energy, and GE that invest in these technologies.
man’s coffers.
President Obama has called for more subsidies for cel- Excerpted from Obamanomics by Tim Carney, with per-
lulosic ethanol, and corporate America is clearly listening. mission. See page 17 to order a copy.
Tellingly, when another biofuel company, Fulcrum BioEn-

By Ken Schoolland
Mises in China
What could be more sweet than to enjoy a week-long
Austrian economics camp with 150 economics students in
China? Well, sweet it is!
Five economists of the Mont Pelerin Society, profes-
sors, authors, entrepreneurs, a scientist, and a psychologist
will congregate with the best and brightest young minds
from all across China to pioneer in the teaching of Mises,
Hayek, Rothbard, Bastiat, Friedman, Rand, and others.

THE PLAN

A full week of classes, keynote presentations, and


small discussion sessions have been packed into the com-
fortable, modern facilities of the Northeastern University
(NEU) at Shenyang, China. The days will be filled with
intellectual delights and afternoons and evenings with tal-
ent shows, football, badminton, swimming, and long strolls
over the campus grounds. Local historical museums, tem-
ples, and palaces abound.
The post-camp tour will include a week-long excur-
sion through the region, including the famed breweries of
Quingdao, the historic ramparts and cathedrals of Dalian,
and a cruise on the Yalu River bordering North Korea.

THE PRESENTATION Twenty of Mark’s books have already been translated and
published in China.
Speakers will include Mark & Jo Ann Skousen (re- Mark is prepared to talk on a variety of topics, includ-
covering from their magnificent Freedom Fest 2010 in ing: “Creative Destruction, Joseph Schumpeter, and Eco-
Las Vegas, July 8-10, http://freedomfest.com/home.htm ). nomic Growth in the Global Economy”; “Ludwig von Mis-
Laissez Faire! Spring 2010 • Page 8
es Goes to Wall Street (or Shanghai): Austrian Economics well connected to a libertarian-minded network throughout
and the Stock Market”; and “The Economic Consequences the country.
of Mr. Keynes.”
Fred Foldvary will speak on the “Theory of Business THE IMPACT
Cycles.” James Peron will present these topics: “The Fic-
tion of Ayn Rand”; “The Risks and Realities of Capital- Sure, China is the powerhouse of economic reform and
ism”; and “Bringing Prosperity to the World’s Poor: The growing prosperity. But along with this growth has come a
Importance of Global Trade.” tremendous hunger for ideas about how markets work and
Virgis Daukas will talk on problems of central banking; about the policies that foster wealth creation and individual

Site of the Austrian Economics Camp, Northeastern University, Shenyang, China

Mats Walus will talk about the business climate of Swe- liberty.
den; and I will talk on issues of income redistribution. Also Li grew up in China during the Cultural Revolution.
speaking will be Tom Palmer, Chris Lingle, Jeff Crawford, Her family experienced severe hardships during this time,
Jose Fernandez, Mary Ruwart, and Lobo Tiggre. but all of her immediate family came to America: conduct-
ing heart-transplant research, translating for Hilton Inter-
THE ORIGIN national, performing civil engineering, and teaching. She
has always wanted to help bring ideas back to the land of
Over the past two decades my wife, my daughter, and her birth.
I have taught libertarian economics and philosophy at nu-
merous summer camps in Lithuania, Poland, Turkey, and THE PARTICIPATION
the Republic of Georgia. This has long inspired my wife,
Li, to organize her own free-market economics camp in Says Li, “We welcome you to join us in this noble ef-
China. fort by donating relevant books, teaching materials, and
The opportunity finally came together when officials funds.” Books get a lot of mileage in China, usually being
from Northeastern University (NEU) in Shenyang visited passed by hand to dozens of eager readers throughout the
Hawaii Pacific University to establish a sister school re- country. Also, sponsors and funding are essential as some
lationship. NEU is one of the largest and most prestigious of the teachers will only be able to attend if we can raise
universities in China, founded by Li’s ancestors. funds for their transportation to China. Donations may be
Li has always been eager to develop connections with made via ISIL (tax-deductible in the USA).
liberty-minded individuals in China. Some of these connec- Others, especially international students, may arrange
tions were made a decade ago during the Chinese transla- to attend by contacting the organizer, Li Zhao Schoolland
tion and publication of my book, The Adventures of Jona- at li.schoolland@gmail.com or through the camp web-
than Gullible: A Free Market Odyssey. Li discovered that site: https://sites.google.com/site/chinaaustrianeconomics-
the translator (Dean Peng) and publishing agent (Jerome campc/home.
Ma) were prolific readers of economic thought and were
Laissez Faire! Spring 2010 • Page 9

Winter Retreat Successfully Launched


By James Elwood tures of Jonathan Gullible in Spanish. According to Yuri,
his international connections probably led to his being ex-
The first annual Winter Retreat and Conference, spon- pelled from Cuba instead of being imprisoned, or worse.
sored by the International Society for Individual Liberty There is some access to outside information through the
(ISIL) and Laissez Faire Books, was launched in Phoenix, Internet and US-based radio and TV. People are unhappy
Arizona January 8-10, 2010. Held at the Radisson North with the status quo, but many are also afraid of change.
Airport Hotel, over 90 people attended—a good mixture of Decades of communism have destroyed the moral fiber of
veterans of earlier ISIL international conferences and new much of the population. Yuri thought that the ending of the
attendees. While primarily a U.S. audience, we attracted US embargo would take away the government’s chief pro-
participants from Australia, Canada, Mexico, and the Neth- paganda weapon and help freedom in Cuba.
erlands. After lunch, Ken Schoolland delivered his powerful
It is quite unusual to hold a North American libertarian “Liberty and Immigration” speech. Besides his work with
conference in January, but part of the plan was to make it ISIL, Ken is a professor of economics at Hawaii Pacific
possible for university students, who are on winter break University, active in the international Students in Free En-
at that time, to attend. Hopefully they would gain new terprise (founded by Sam Walton), and was formerly an
knowledge and inspiration for going back to campus for economist with the US International Trade Commission.
the spring semester and promoting liberty. Thanks to the Ken’s presentation gave extensive rebuttals to myths
generosity of ISIL members, we were able to give out sev- such as immigrants come to America for the welfare, or that
eral scholarships for this conference. they take jobs from natives. The overwhelming evidence
Phoenix has beautiful warm, dry weather in the winter is that immigrants are a major net benefit to the US econo-
as well, so it was a nice break for many from the snow and my. And there is the moral case for allowing people to flee
cold up North. A few attendees in fact had delayed arrivals tyranny (such as the fact that
due to snow! 1930s quotas by Western coun-
tries including the US against
Friday – Day One Jewish immigration condemned
many of them to perish in Hit-
ISIL director (and now acting president) Ken School- ler’s death camps). Freedom of
land emceed most of the conference and he introduced Fred migration is a fundamental lib-
Stitt and Kate Herrick for the first session on “The Myths erty issue.
and Reality of Ayn Rand”. Fred is president of the San Patri Friedman, son of Da-
Francisco Institute of Architecture and was organizer of the vid Friedman and founder of
FreeMinds09 Objectivist conference in Las Vegas. Kate is the Seasteading Institute that
a graduate student in philosophy at Wayne State University explores the setting up of free
in Michigan and assists Fred on the conferences. They did communities in international
a point/counterpoint on popular criticisms of Rand and her waters, gave a highly-enter-
work, showing how many critiques – especially on her sup- Patri Friedman taining talk about the futility of
posed lack of benevolence - are patently false –while some freedom-oriented political action in established countries,
are indeed true. and his attempts to develop an escape.
Next up was Michael Strong, CEO of FLOW, a lib- Jan Narveson, an accomplished philosopher and pro-
ertarian organization that promotes “conscious capital- fessor at University of Waterloo in Canada, spoke on “The
ism”, or the exploration of ways that entrepreneurs can Courage to Do Nothing”, on why coercive government ac-
solve social problems better than pure charities. FLOW tions, even when often well-intended, invariably have un-
was co-founded by John Mackey, founder of Whole Foods. intended consequences that create more problems than are
His fine talk, entitled “How Depoliticized Markets Help the solved. Today’s massive bailouts and “stimulus” programs
World’s Poor” explored the themes of his recent book Be being cases in point.
the Solution: How Entrepreneurs and Conscious Capital- In the evening there was a reception, and Carol Ruth
ism Can Solve All theWorld’s Problems (carried by LFB). Silver gave an informal remembrance of her experiences
The third talk of the morning was by Yuri Perez, a as a San Francisco supervisor and working as an ally with
young man who had only arrived a few weeks earlier from Harvey Milk on gay rights and other issues in the 70s. She
Cuba. Yuri was a leader in the dissident student movement had been targeted by supervisor Dan White, who killed
in Cuba and a member of the International Association of Milk and mayor George Moscone in 1979, but she was not
Liberal Youth. He had come to libertarian ideas through in City Hall at the time. Carol also talked about her current
reading a smuggled copy of Ken Schoolland’s The Adven- project, which is helping to get cheap notebook computers
Laissez Faire! Spring 2010 • Page 10
into the hands of girls in Afghanistan, so they can circum- to keep blacks unarmed and helpless. She spoke on why
vent Muslim bans on female education. “Why Liberals Should Support the Second Amendment”.
She also mentioned how guns are especially important for
Saturday – Day Two female self-defense.
Glenn Cripe, founder of the Language of Liberty Insti-
Mary Ruwart, ISIL director (and now Board Chair) tute, then closed the day with a presentation and funding
and the author of the acclaimed Healing Our World in an appeal for the Language of Liberty Camps. ISIL has long
Age of Aggression (carried by Laissez Faire Books) led off supported this project, which helps local organizers in sev-
the proceedings with “Benevolence and Liberty”. She gave eral countries to hold summer youth camps that improve
numerous examples of where government regulations and English skills and teach libertarian and entrepreneurial
expensive licensing requirements hindered the ability of principles. These Liberty Camps have been quite effective
poor people to better themselves. These included her own in creating new libertarians, who have gone on to teach at
experience as a landlord where ladies who tried home- later camps, and start new camps, organizations and publi-
based businesses were shut down by bureaucrats. Free en- cations.
terprise is necessary for people to escape poverty.
Second was Da- Sunday - Final Day
vid Beito, a professor
of history at the Uni- Jim Peron, president of Laissez Faire Books and au-
versity of Alabama thor of several books, spoke on “Social Conservatism vs.
and author of a recent Capitalism”. He pointed out how the wealth and opportuni-
biography on civil- ties produced by capitalism allowed for the rise of romantic
rights leader T.R.M. love, the rise of marriage by choice instead of arrangement,
Howard, spoke on liberation of women, the decline of censorship and the gay
Howard, the civil rights movement. He showed the irony that social liberals
rights movement and often oppose the capitalism that brings liberation, while
libertarianism. social conservatives praise the capitalism that fosters the
Then up was social liberalism they hate (although the conservatives ac-
Steve Horwitz, eco- tually are not very good on the capitalism part either)
nomics professor at
Carol Ruth Silver
St. Lawrence Univer-
sity and book reviewer for the Review of Austrian Econom-
ics on “The Origins of the Current Economic Crisis”, on
how a long train of government programs, regulations and
subsidies caused our economic mess.
Roderick Long, professor of philosophy at Auburn
University and editor of the Journal of Ayn Rand Studies
led off after lunch with “A Libertarian Theory of Equality”
Mimi Gladstein was a pioneer in the field of womens
studies in the early 70s, and still
teaches at University of Texas—El Audience listens to talk on social
Paso. She is an expert and author conservatism vs. capitalism
on both Ayn Rand and John Stein- Steve Horwitz spoke on the theme of his forthcoming
beck. Her talk “Feminism, Atlas, book in his talk “How Free Markets Change the Family”.
and Ayn Rand” put forth that the Horwitz’s theme independently confirmed much of what
character Dagny Taggart in Atlas Peron spoke about and again showed how the economic
Shrugged was a dynamic, liberated dynamics of the market has encouraged, and allowed, the
woman, far ahead of her time. In evolution of the family structure.
contrast, the central female charac- Hardworking Carol Ruth Silver gave her third talk of
ter in noted recent feminist litera- the conference on “Why I Resigned the Sheriff’s Depart-
Mimi Gladstein ture were actually dreadfully weak ment Over the War on Drugs”. It was a litany of a failed
failures in life. drug war that continues to exact a horrific cost in ruined
Carol Ruth Silver, although in many respects with the lives, corruption of the police and courts, and crushed free-
Left, has always been a supporter of the right to keep and doms for the rest of us.
bear arms. This was reinforced by her experience as a Free- After lunch, Mimi Gladstein presented “The Place of
dom Rider in the civil rights struggle in the South in the Atlas Shrugged in Western Literature”, showing that Rand’s
early 60s, where it was clear that many gun laws meant heroic literary style, character and plot development, place
Laissez Faire! Spring 2010 • Page 11

the book firmly as a classic in the Western literary tradition.


Roderick Long came back and presented “Ayn Rand
and Libertarian Class Analysis”. He showed how Rand’s
novels, especially Atlas Shrugged, presented the political
class and their corporate accomplices as the coercive ex-
ploiters, at the expense of the productive entrepreneurs and
laborers.
Ed Hudgins, president of the Atlas Society, closed the
regular conference program with “Applying Objectivism to
the Current State of the Nation”. The current state looks
dismal on the surface, but ordinary people are getting an-
gry, and the ideas of Rand and other freedom advocates are
on the rise.
The evening featured the closing banquet. Jim Peron
gave a moving tribute to Nathaniel and Barbara Branden,
and presented them with the first Laissez Faire Book Torch Nathaniel Branden after accepting the Torch Award
awards. Barbara’s award was presented in absentia, due to
poor health. Mary Ruwart made the announcement of ma- Frank Lloyd Wright by Fred Stitt and then enjoyed a visit
jor Board and management reorganizations for ISIL, and to Wright’s winter quarters and studio of Taliasin West in
there was a successful fundraiser for ISIL and its projects. nearby Scottsdale.
The following morning, some participants who were Mark your calendar—the second Winter Retreat is be-
still in town enjoyed a warmup talk about famous architect ing planned for January 6-9, 2011
Lies, the Government Told You
“Your Body is Your Temple”
by Judge Andrew Napolitano
Harry Anslinger, arguing for the tax, stated to the House
Ways and Means Committee that “traffic in marijuana is
Many of the Founding Fathers, including George
increasing to such an extent that it has come to be the cause
Washington and Thomas Jefferson, cultivated hemp, the
for the greatest national concern. . . . This drug is entirely
plant from which marijuana is derived. In the late eigh-
the monster Hyde, the harmful effect of which cannot be
teenth century, many medical measured.”
journals recommended the use of In addition, two veterinarians testified that dogs (not
hemp seeds and roots for treat- people, but dogs) do not respond well to marijuana. One of
ing sexually transmitted diseases, the vets stated, “Over a period of six months or a year (of
inflamed skin, and incontinence. exposure to marijuana) . . . the animal must be discarded
Unfortunately, a change in our because it is no longer serviceable.” The testimony for the
attitude toward drugs came in tax, as you may have concluded, was far from convincing.
the nineteenth century, when a Furthermore, the committee rejected testimony from the
noticeable number of Americans American Medical Association, which pointed out the gov-
became unknowingly addicted to ernment’s lack of evidence of harm to humans.
morphine. Just three months after Representative Doughton in-
Although there was an atti- troduced the bill, in June 1937, the House passed it. One
tude of concern about drug use, it congressman commented on the bill, stating that it had
took some time for the country to criminalize it. By 1937,
marijuana was outlawed in twenty-three states, mostly in an “something to do with something that is called marijuana.
effort to stop former morphine addicts from starting to use I believe it is a narcotic of some kind.” In 1970, Congress
a new drug or as a backlash against newly arrived Mexican passed the Controlled Substances Act, a comprehensive
immigrants who sometimes brought the drug to the United law regulating a myriad of controlled substances. It banned
States with them. On October 1st 1937, under President all marijuana outright.
Franklin Roosevelt, the Marijuana Tax Act went into ef- In addition to prohibiting drugs for recreational use,
fect, which imposed a prohibitive tax on the “evil” drug. the government has also criminalized the use of marijuana
Congress held just two hearings on the law, which was in- for medical use. In Gonzales v. Raich (2005), the Supreme
troduced by Rep. Robert L. Doughton of North Carolina. Court decided that Angel Raich and Diane Monson could
not use physician-prescribed medical marijuana to relieve
This is excerpted from Judge Napolitano’s new book, Lies the their serious medical conditions. Raich and Monson had re-
Government Told You with permission of the publisher. See p. 14.
Laissez Faire! Spring 2010 • Page 12

lied on cannabis treatments for many years. In fact, Raich’s ment is no longer one of limited and enumerated pow-
physician believed that ending such treatments “would cer- ers . . . By holding that Congress may regulate activity
tainly cause Raich excruciating pain and could very well that is neither interstate nor commerce under the [In-
prove fatal.” Nevertheless, federal agents entered Mon- terstate] Commerce Clause, the Court abandons any
son’s house to take and destroy her six marijuana plants, attempts to enforce the Constitution’s limits on federal
despite the fact that both women were residents of Cali- power.(emphases added)
fornia, which has authorized the use of medical marijuana
since 1996. California law arguably conflicts with the Con- Beyond Justice Thomas’s eloquent defense of the
trolled Substances Act of 1970, the federal law that makes Constitution, there is the Natural Law argument that if
the “manufacture, distribution, and possession of marijua- Diane Monson and Angel Raich thought using marijuana
na” illegal, and makes no exception for medical use. would help their chronic pain, who is the government to
In a downright bizarre majority opinion, written by stop them? Even if there may be certain personal health
Justice John Paul Stevens, the Court held, 6 to 3, that the risks involved in smoking marijuana, there are certain
Commerce Clause (which was written to authorize Con- pain-relief benefits that Monson and Raich value over any
gress to keep commerce between the states regular, not to possible risks. These are decisions for individuals and not
prohibit it) permits Congress to control marijuana, a sub- the federal government to make. Just as the right to privacy
stance that cannot legally enter the stream of commerce. lets a farmer grow as much wheat and bake and consume
In ruling for the government, the majority likened this as much bread as he wishes, it also keeps the federal gov-
case to the ridiculous case of Wickard v. Filburn, in which ernment out of the decision-making process for physicians
the Court concluded that the federal government could and their patients.
regulate the wheat a farmer grows for personal use. Raich Here is what the Court has done: It has prohibited the
does the seemingly impossible, as it extends the Court’s government from intruding upon the patient-physician re-
decision in Wickard and wins the award
for the most ludicrous adaptation of the
Commerce Clause in American history.
The Court stated that not only can the
government regulate items harvested for
personal use (the marijuana grown in Ra-
ich and the wheat grown in Wickard); it
can regulate, through its power to con-
trol interstate commerce, something that
can’t even legally be bought or sold!
Unfortunately, the Commerce Clause
has become the tool through which Con-
gress wields virtually unlimited power.
Based on Supreme Court precedent, the
Court in Raich stated that the Commerce
Clause permits Congress to regulate activities that “sub- lationship if the government wants to save the life of a baby
stantially affect interstate commerce.” Furthermore, as the in a mother’s womb, but has permitted the government to
Court puts it, Congress need not “legislate with scientific intrude on the marital relationship between a farmer and
exactitude,” nor make any kind of particularized findings wife and the patient-physician relationship if they are
supporting its conclusions. The idea that it is not beyond the growing too much wheat or using any marijuana.
realm of possibility that Raich’s medical marijuana would Moreover, the revived use of the Commerce Clause
find itself in the stream of commerce was good enough for power for everything under the sun is a particularly scary
the Supreme Court to side with the government, as if wom- exercise of government power because it seems the Clause
en growing small amounts of marijuana in their own home can be stretched to cover basically any activity, commercial
for their own medical use ever have a chance of affecting or noncommercial, interstate or intrastate.
commerce whatsoever. Only Justice Clarence Thomas’s The Raich case also unearths a battle between the states
dissent made sense. According to Justice Thomas: and the federal government regarding the use of medical
marijuana. In 1996, voters in California voted for Proposi-
Diane Monson and Angel Raich use marijua- tion 215 (the Compassionate Use Act), which authorized
na that has never been bought or sold, that has never use of medical marijuana. But, the high and mighty feds
crossed state lines, and that has no demonstrable effect did not seem to take this vote into consideration. Raich
on the national market for marijuana. If Congress can proves that the state’s rights don’t matter, that the people’s
regulate this under the Commerce Clause, then it can rights to make personal decisions don’t matter; we all need
regulate virtually anything—and the Federal Govern-
Laissez Faire! Spring 2010 • Page 13

Laissez Faire’s publishing program expands


In 1984, James Peron (now LFB’s president) and Mark Brady (now lecturing in
economics at San Jose State University) started a small publishing venture called
Cobden Press, named after the great classical liberal Richard Cobden. Cobden Press
appears to have been the first publisher to experiment with print-on-demand tech-
nology before the technology really existed.
When Peron came on board at Laissez Faire he brought Cobden Press with him
and the co-operation with Laissez Faire has been beneficial to everyone involved.
In 2007 Cobden Press/LFB republished Henry Hazlitt’s Economics in One Lesson
($12.95), selling almost 4,000 copies since then. This includes many copies made
available to educational allies at near-cost prices, to help them reach students with
the message of freedom.
In addition, Cobden Press/LFB recently reprinted a 40th anniversary edition of
Dr. Branden signs the limited edition
The Market for Liberty, ($13.95) by Linda and Morris Tannehill. This edition is a
leatherbound edition of his book.
fascimile replica of the original 1970 edition.
Then Cobden Press made libertarian history by pub- memoirs, Capitalist at Large, which will be released in a
lishing the first printed version of Nathaniel Branden’s hardback edtion for an estimated cover price of $24.95.
famous lecture series “The Basic Principles of Objectiv- In addition there is one other book on classical liberalism
ism,” under the title of The Vision of Ayn Rand. This lecture which goes to the typesetter in the next week or so.
course is responsible for launching much of the modern Cobden Press hopes to expand its operations and pub-
libertarian movement, yet was never available in print form lish more hard-to-find, important works on libertarianism.
until a few months ago. And it is time to reprint Economics in One Lesson in an-
Cobden Press published this in paperback ($22.95), a other trade paperback edtion. Cost for that will be around
cloth edition ($34.95) and a deluxe leatherbound collector’s $4000. We also would like to publish a very low-cost mass
edition ($99.95 and $299.95 for signed/numbered copies). market paperback edition which would sell for under $3
Last month Cobden Press released a new edition of The per copy, with a goal of distributing 100,000 copies over
Lysander Spooner Reader ($16.95), with a much-improved a year’s time. The cost for that would be around $70,000.
cover. Spooner, 1808-1887, was a great libertarian thinker Your donations to these publishing projects are tax de-
and his essays on Natural Law, Vices Are Not Crimes and ductible as we are part of the ISIL non-profit, tax-exempt
Trial by Jury are classics which every libertarian should educational foundation. We have a dozen other books wait-
read. Nor should we forget our collection of essays from ing for publication, each costing around $4000 to publish.
conferences sponsored by the International Society for In- If you can sponsor one of these new editions please
dividual Liberty, Liberty and Globalization ($12.95). contact us directly at askus@lfb.org or call 707-746-8796.
In the final stages of production are two new books, If you can’t sponsor a complete reprinting, then partial do-
which should be released shortly. The one is a collection of nations are appreciated and put into escrow until the full
dozens of essays on how and why people became libertar- sum is raised.
ians. Edited by Marc Guttman it is entitled Why Liberty The urgent needs now are $4000 to reprint Econom-
($19.95, estimated). ics in One Lesson in trade paperback—used by many col-
International entrepreneur, and Reason Foundation lege courses, and $70,000 for the mass market, edition for
board member, James Jameson has also completed his 100,000 paperbacks of Hazlitt’s classic.

Judge Napolitano continued... a business license from the City of Morro Bay, and ran sur-
to bow at the throne of federal authority, apparently. Here, veillance cameras for security. Yet, his business was raided
the government’s falsehood is once again, we can choose by federal Drug Enforcement Administration agents eleven
what to do with our own bodies. In truth, the government months after opening. Lynch was sentenced to a year and a
does not even allow individuals to make choices regarding day in prison by a federal judge, even though he could have
their bodies when their home state and their physicians ex- been sentenced to up to twenty years in federal prison based
pressly permit them to make those choices. on the large amount of marijuana involved.
The problematic nature of this clash between the state Although the sentence was considered quite short in
and federal governments is well illustrated by a June 2009 light of federal standards, it is a long time to spend in pris-
medical marijuana case. Charles Lynch operated a medical on for doing something that was perfectly legal within his
marijuana dispensary in Morro Bay, California, where peo- state. This state vs. federal government battle is bound to
ple would bring medical marijuana prescriptions from Cali- become more of an issue as several States are pushing for
fornia physicians. Lynch’s business was run like any other legislation similar to California’s. In the meantime, the only
pharmacy, not some type of covert drug operation. He held thing going up in smoke is the fundamental right to control
a grand opening in 2006, used signs to advertise, obtained what goes into our own bodies.
Laissez Faire! Spring 2010 • Page 14

Laissez Faire Books


New Featured Titles
You and the State Libertarianism from A to Z
Respected philosopher Jan Narveson Libertarian principles seem basic
asks the provocative, philosophical enough—keep government out of
question: is the state necessary? In boardrooms, bedrooms, and wallets;
this unusual introduction to political let markets work the way they should.
philosophy, Narveson draws on the But what reasoning justifies those
history of political philosophy and dis- stances, and how can they be elucidat-
cusses its main theories—classic liber- ed clearly and applied consistently? In
al, democratic, socialist, radical—with Libertarianism from A to Z, acclaimed
reference to how each sees the place of Harvard economist Jeffrey Miron sets
the individual in the political order. Narveson’s critique is the record straight with a dictionary that takes the reader
situated within issues of freedom, authority, economic wel- beyond the mere surface of libertarian thought to reveal the
fare, international relations and others to explore how and philosophy’s underlying and compelling logic.
whether the state is necessary. His argument is ultimately Tackling subjects as diverse as prostitution and drugs, the
anti-statist and takes seriously the question of whether and financial crises and government bailouts, legality of abor-
how some version of anarchism might make sense. Paper- tion, and War on Terror, Miron takes the reader on a tour of
back, 215 pages. List price $26.95; Amazon price, $26.95; libertarian thought. He draws on consequentialist principles
LFB price, $18.95. that balance costs and benefits of any given government in-
tervention, emphasizing personal liberty and free markets.
The Lysander Spooner Reader
Miron never flinches from following principles to their
Lysander Spooner (1808 - 1887) was
logical and sometimes controversial ends. Along the way,
one of the great individualists of his
readers get a charming and engaging lesson in how to think
era. He practiced law in violation of
like a libertarian.
state law and then successfully peti-
Principled, surprising, and thought-provoking, Libertari-
tioned to change the law. When the
anism from A to Z, has everything a burgeoning libertarian
United States Post Office claimed a
—or any responsible citizen—needs to know. Hardback,
monopoly on first-class mail, Spooner
224 pages, list price $24.95; Amazon price, $16.47; LFB
opened a competiting agency which
price, $15.95.
forced the post office to lower their
rates. Spooner was a great opponent of slavery, but at odds Lies the Government Told You
with many abolitionists of his day. He defended reason, What new crisis will the federal gov-
natural law, and individual freedom. Included in this vol- ernment manufacture in order to ac-
ume are his essays: Natural Law, Vices Are Not Crimes, No quire more power over individuals?
Treason, Letter to Thomas F. Bayard, and the full text of his What new lies will it tell?
famous book, Trial by Jury. Throughout history, the federal gov-
Also included is an introduction by George H. Smith, ernment has lied to send our children
along with an obituary written by Spooner’s compatriot, off to war, to take our money, to steal
Benjamin Tucker (1854 -1939) that was published in Tuck- our property, lied to gain our trust, and
er’s newspaper, Liberty, May 28, 1887. Lysander Spooner lied to enhance its power over us. Not only does govern-
was one of the most important, early libertarian thinkers ment lie to us, we lie to ourselves. We won’t admit that
in the individualist tradition. Even after a full century his each time we let government get away with misleading us,
writing is amazingly relevant today. This paperback edition we allow it to increase in size and power and decrease our
is about 350 pages with an index included. Published by personal liberty.
Laissez Faire’s own Cobden Press, thanks to the generous In acquiescing to government’s fraudulent behavior, we
donations of our supporters. List price $18.95. Not avail- bear partial responsibility for erosion of our individual lib-
able direct from Amazon. LFB price, $16.95. erties and the ever-expanding federal regulation of private
behavior. This book attacks the culture in government that
We are on Amazon but please order from us facilitates lying, and it challenges readers to recognize that
directly. Orders placed elsewhere, diminish culture, to confront it, and be rid of it. Hardback, 256 pages,
our profits substantially and cost you more. list price $24.99; LFB price $14.95.
Laissez Faire! Spring 2010 • Page 15
Power Grab The Struggle to Limit Government
It’s Monday morning in the year 2015, and As revealed by John Samples in his essential
thanks to “clean energy” and “green” policies new book, the battle over the size and role of
Obama rammed through Congress in 2010, government has been raging for decades. Arriv-
life is…different. ing at a critical time, with clashes over limiting
You flip a light switch, but nothing happens. government occupying more battlefields than
You start the hot water, but only cold gushes ever, The Struggle to Limit Government expertly
out. You live in a tiny, cramped “energy-effi- chronicles this war’s history, as well as its impli-
cient” home and eat two meals a day because cations for the future.
food is astronomically expensive. In examining the high and low points of the nearly 30-year
Sound preposterous? Get ready for your future, says bestselling struggle, from the Reagan Revolution to the Obama administra-
author Chris Horner in his blockbuster new book, Power Grab: tion, Samples first provides a fascinating look at the institutions
How Obama’s Green Policies Will Steal Your Freedom and Bank- and policies created by progressives from 1933 to 1968—the New
rupt America. Deal and Great Society—and their influence on all that followed.
In this devastating new book, Horner exposes how President Samples then assesses the rise, successes, and failures of Ronald
Obama uses environmentalism as his latest excuse to take away Reagan, the historic 1994 elections, and the ensuing unsuccess-
rights, freedoms, comforts, luxuries, money—even our jobs. ful struggles to fulfill Reagan’s goal of reversing government’s
By declaring war against America’s most reliable sources of growth. He traces the drift of the Republican majority in Con-
energy—coal, oil, and natural gas—Leftists in Washington are de- gress, and the epic battles within and between the Republican
termined to change the way we live—and crush both our liberties and Democratic parties, Congress and Bill Clinton, which left us
and the economy in the process. nowhere—with “neither limited government nor enduring majori-
The first book to expose Obama’s true environmental agenda, ties.”
Power Grab is a jaw-dropping account of government’s arrogant The book then examines the trauma of George W. Bush: his
plans to seize control of our nation’s energy sources — and our high spending, his mixture of religion with government, and his
lives. Hardback, 296 pages. List price, $27.95; LFB price $17.95. floundering crusade to bring democracy to the Middle East. The
2006 and 2008 elections, Samples shows, were a repudiation of
How Capitalism Will Save Us the Bush presidency, not of limited government.
Capitalism is the world’s greatest economic Samples does not simply point and critique; he also includes ex-
success story. It is the most effective way to tensive prescriptions for improvement. With its political analysis
provide for needs of people and foster demo- of major government programs, from Medicare to Social Security
cratic and moral values of a free society. Yet to taxes, The Struggle to Limit Government is an energetic, sober-
the worst recession in decades has widely— ing, and essential guide to political battles of today and tomor-
and understandably—shaken people’s faith row. Hardback, 340 pages, list price $24.95. Save over Amazon’s
in our system. Even before the current crisis, price, LFB price $17.50.
capitalism received a “bad rap” from a culture
ambivalent about free markets and wealth creation. This crisis of The Rational Optimist
confidence prevents full recognition of how we got into the mess A counterblast to the prevailing pessimism
we’re in today—and why capitalism continues to be the best route of our age, and proves, however much we like
to prosperity. to think to the contrary, that things are getting
How Capitalism Will Save Us, by Steve Forbes and Elizabeth better.
Ames, transcends labels such as “conservative” and “liberal” by Over 10,000 years ago there were fewer
showing how the economy really works. When free people in free than 10 million people on the planet. Today
markets have energy to solve problems and meet the needs and there are more than 6 billion, 99 per cent of
wants of others, they turn scarcity into abundance and develop whom are better fed, better sheltered, better
innovations that are the foremost drivers of economic growth. entertained and better protected against disease than their Stone
Hardback, 368 pages, list price $25.00; Amazon price, $16.50. Age ancestors. The availability of almost everything a person
LFB price, $15.95. could want or need has been going erratically upwards for 10,000
years and has rapidly accelerated over the last 200 years: calo-
The Sky is NOT Falling ries; vitamins; clean water; machines; privacy; the means to travel
You’ve heard the claims that the earth is faster than we can run, and the ability to communicate over longer
warming up because of cars, light bulbs, fac- distances than we can shout.
tories and the many other wonders that human Yet, bizarrely, however much things improve from the way
ingenuity has created. But is it really true? they were before, people still cling to the belief that the future
Well, here’s news for the global warming will be nothing but disastrous. In this original, optimistic book,
Chicken Littles—the sky’s NOT falling! Matt Ridley puts forward his surprisingly simple answer to how
The Sky’s Not Falling is for parents sick of humans progress, arguing that we progress when we trade and
seeing their kids indoctrinated by has-been politicians and Hol- we only really trade productively when we trust each other. The
lywood stars. Unlike books written by would-be celebrities with- Rational Optimist will do for economics what Genome did for ge-
out scientific or economics background, The Sky’s Not Falling is nomics and will show that the answer to our problems, imagined
everything a book about the environment written for kids should or real, is to keep on doing what we’ve been doing for 10,000
be: fact-filled, apolitical, fun and optimistic about the future of years—to keep on changing. Hardback, 438 pages. List price,
our magnificent, ever-changing planet. Paperback, 128 pages. List $26.99; LFB price, $16.95.
price $17.95; Amazon price, $14.00; LFB price, $7.95
www.lfb.org • 1-866-686-7210 • askus@lfb.org
Laissez Faire! Spring 2010 • Page 16
The Sellout
The definitive account of Wall Street’s stunning collapse
From critically-acclaimed investigative journalist and CNBC personality Charles Gasparino comes a
sweeping examination of the most recent volatile, anxiety-ridden era in our nation’s socioeconomic history.
The Sellout traces the implosion of the financial services business back to its roots in the late 1970s when
Wall Street embraced a new business model predicated on taking enormous risks. It shows how a backwater
business involving the trading of risky bonds packed with mortgages showered countless billions in profits
on the financial industry, but sowed the seeds of its ultimate demise. Gasparino walks readers through Wall
Street’s three-decades’ love affair with risk, revealing a trail of culpability—from the government bureaucrats
who crafted housing policies that encouraged homeownership, to the Wall Street firms that underwrote and
invested in risky debt, to the mortgage sellers who handed out loans to people without the financial where-
withal to pay them back, to the homeowners who became convinced they could afford mansions on blue-
collar wages. The ongoing tumult in financial markets and the global economy began when some of our most
esteemed financial institutions, our government, and even average citizens abdicated their collective responsibilities, eventually selling
out investors and selling off the American Dream itself.
This page-turning narrative captures how avarice, arrogance, and sheer stupidity eroded Wall Street’s dominance and profoundly
weakened the financial security of millions of middle-class Americans. Eye-opening and engrossing, The Sellout provides the most
thorough investigation to date of this latest gilded era. Chronicles the disasters created when Big Business and Big Government get into
bed together. Hardback, 558 pages, list price $27.99, LFB price, $17.95.

The Foundations of Morality


Here is Hazlitt’s major philosophical work, in which he grounds a policy of private property and free markets
in an ethic of classical utilitarianism, understood in the way Mises understood that term. In writing this book,
Hazlitt is reviving an 18th and 19th century tradition in which economists wrote not only about strictly economic
issues but also on the relationship between economics and the good of society in general. Adam Smith wrote a
moral treatise because he knew that many objections to markets are rooted in these concerns. Hazlitt takes up
the cause too, and with spectacular results. Hazlitt favors an ethic that seeks the long-run general happiness and
flourishing of all. Action, institutions, rules, principles, customs, ideals, and all the rest stand or fall according
to the test of whether they permit people to live together peaceably to their mutual advantage. Critical here is an
understanding of the core classical-liberal claim that the interests of the individual and that of society in general
are not antagonistic but wholly compatible and co-determinous. In pushing for “rules-utilitarianism,” Hazlitt
is aware he is adopting an ethic largely rejected in our time, even by the bulk of the liberal tradition. But he makes the strongest case
possible, and you will certainly be challenged at every turn. It is not necessary that you finally agree with Hazlitt’s view to appreciate
his defense of freedom and the market economy, which explains in great detail how the voluntary society benefits all its members, and
how the market economy deserves to be regarded as a critical component of a flourishing civilization. His attacks on logical positivism,
socialism, aestheticism, and egalitarianism are dazzling. This book will inspire, provoke, and educate. 400 pages, paperback. $14.00

Special $5.00 Offer: Any book below for $5.00


Guns, Crime and Freedom The Future and Its Enemies
National Rifle Association Vice President Wayne Virginia Postrel explodes this myth, embarking
LaPierre reveals why responsible Americans have on a bold exploration of how progress really oc-
the right to “keep and bear arms.” Addressing ev- curs. In areas of endeavor ranging from fashion to
ery point of contention concerning the original fisheries, from movies to medicine, from contact
intent of the 2nd Amendment, LaPierre illumi- lenses to computers, she shows how and why un-
nates the Amendment’s modern implications and planned, open-ended trial and error—not confor-
debunks the myth that gun ownership contributes mity to one central vision—is the key to human
to America’s crime rate. Paperback, 263 pages. List price $12.95. betterment. Thus, the true enemies of humanity’s future are those
Three Early Works of H.L. Mencken who insist on prescribing outcomes in advance, circumventing
H. L. Mencken presents master styling in A the process of competition and experiment in favor of their own
Book of Prefaces (1917), Damn! (1918), and The preconceptions and prejudices. Pb., 288 pages. List price, $15.00.
American Credo (1920). Prefaces is a book of Trashing the Planet
literary criticism containing the essays “Joseph Trashing the Planet is the one book you need to
Conrad,” “Theodore Dreiser,” “James Huneker,” get a sure, common-sense grasp on the conten-
and “Puritanism as a Literary Force.” Damn! A tious issues where science and politics overlap,
Book of Calumny contains some of Mencken’s and where environmentalism moves from well-
wittier turns in its forty-nine short essays. It has meaning idealism to counterproductive eco-
been mined for anthologies, but it has never be- terrorism. Dixy Lee Ray—former Governor of
fore been reprinted as a whole. The American Credo: A Contri- Washington, chair of Atomic Energy Commission, and Assistant
bution Toward the Interpretation of the National Mind contains Secretary of State in the U.S. Bureau of Oceans—calls for envi-
four hundred and eighty-eight articles, co-written by drama critic ronmentalists to regain a sense of perspective and deal with facts
George Jean Nathan, about American popular belief. Paperback, instead of letting their ardor carry them into the realm of “noble
444 pages. List price $14.95. lies”. Paperback, 224 pages. List price $12.00.
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Laissez Faire! Spring 2010 • Page 17
Obamanomics Capitalism Unbound
The federal government now controls Capitalism Unbound: An Incontestable
30% of the U.S. economy, thanks to bil- Moral Case for Individual Rights is a
lion-dollar bailouts of insurance compa- concise explanation of capitalism’s mor-
nies, banks, Wall Street firms, and the auto al and economic superiority to all forms
industry. of socialism, including America’s current
How did the freest economy in the world mixed-economy welfare state. Bernstein
come to this? shows that the current crisis is essentially
In his shocking exposé, Obamanomics, similar to the Great Depression in its cau-
investigative reporter Tim Carney reveals how Big Govern- sation and in the steps necessary to resolve it. The book’s
ment partnered with Big Business and Big Labor to cover concluding section applies moral and economic principles
up failure—and squash small business. to the current economic crisis, showing that government in-
From conspiring with the healthcare industry to cutting tervention is its cause and a policy of laissez-faire its neces-
sweetheart deals with corporate cronies and union boss sary solution. Furthermore, socialist/statist policies are uni-
buddies, the Obama administration is working hand-in- versally the cause of social calamities and that the answer
hand with Big Business to line Wall Street’s pockets, gain lies in individual rights and laissez-faire capitalism. The
more power, and crush taxpayers. principles that this book clearly articulates are timeless; in
Obamanomics reveals: diverse forms, the conflicts these principles explain will re-
• How despite Obama’s campaign promises of hope and cur repeatedly throughout history. As a result, this book is
change in Washington, his record shows he constantly fa- relevant not merely today, but will be forever. Paperback,
vors lobbyists and special interests over entrepreneurs and 133 pages, list price $19.95; Amazon price, $14.35; LFB
taxpayers. • The Great Health Care Scam—Obama’s back- price, $13.95.
room deals with drug companies spell profits and more gov- The Mind of the Market
ernment control. • The Global Warming Hoax—Obama has How did we evolve from hunter-gath-
bought off industries with a pork-filled bill that will drain erers to modern consumer-traders? Why
your wallet for Al Gore’s agenda. • Think Big Government are people so emotional and irrational
and Big Business are rivals with opposite interests? After when it comes to money and business
reading Obamanomics, you’ll know that’s just a Big Myth. decisions? Bestselling author Michael
And you will understand the threat posed by Obamanom- Shermer believes that evolution and
ics to all entrepreneurs, small businessmen, and American evolutionary psychology provide an an-
taxpayers. Hardback, 292 pages. List price $27.95; Amazon swer to both questions through the new
price $18.45. LFB price $16.95. science of evolutionary economics. Drawing on research
God is Not Great from neuroeconomics, Shermer explores what brain scans
Christopher Hitchens, hailed as “one reveal about bargaining, snap purchases, and how trust is
of the most brilliant journalists of our established in business. Shermer shows how evolution and
time” London Observer, takes on his economics are both examples of a larger and still somewhat
biggest subject yet—the dangerous role mysterious phenomenon of emergence, where one plus one
of religion in the world. equals three. Hardback, 308p. list price $26.00. LFB price,
In the tradition of Bertrand Russell’s $12.95.
Why I Am Not a Christian and Sam Har-
Red Hot Lies
ris’s recent bestseller, The End of Faith, Christopher Hitch-
In pursuing their anti-energy, anti-capi-
ens makes the ultimate case against religion. With a close
talist, and pro-government agenda, global
and erudite reading of the major religious texts, he docu-
warming alarmists—and unscrupulous sci-
ments ways in which religion is a man-made wish, a cause
entists who see this scare as their gravy train
of dangerous sexual repression, and a distortion of our ori-
to federal grants and foundation money—
gins in the cosmos. With eloquent clarity, Hitchens frames
resort to dirty tricks, smear campaigns, and
the argument for a more secular life based on science and
outright lies, abandoning scientific standards, journalistic
reason, in which the heavens are replaced by the Hubble
integrity, and old-fashioned notions of free speech and open
Telescope’s awesome view of the universe, and Moses and
debate. In Red Hot Lies, bestselling author Christopher
the burning bush give way to the beauty and symmetry of
Horner—himself the target of Greenpeace dirty tricks and
the double helix. Christopher Hitchens is the author of Let-
alarmist smears—exposes the dark underbelly of the envi-
ters to a Young Contrarian, which sold over 40,000 cop-
ronmental movement. Hardcover, 256p. List price $27.95,
ies, and the bestseller No One Left to Lie To: The Values of
LFB price, $16.95
the Worst Family. Hardback, 307 pages. List price, $24.99.
LFB price $12.95.
www.lfb.org • 1-866-686-7210 • askus@lfb.org
Laissez Faire! Spring 2010 • Page 18

DVDs & Video


The War on Kids
The following is from a review in the
New York Times:
“A shocking chronicle of institutional
Pacific Heights dysfunction, The War on Kids likens our
In this thriller, a young couple in San public school system to prison and its
Francisco (Melanie Griffith and Mat- disciplinary methods to fascism. At least
thew Modine), have purchased their now you know why little Johnny won’t
dream home. And it has an extra apart- get out of bed in the morning.
ment that they can rent out to help pay “Arranged in sections that range from merely interesting
their mortgage. They rent the apartment to downright horrifying, this provocative documentary
to a dream tenant played by Michael Ke- suggests a system regulated by fear and motivated by the
aton, but soon learn that was a mistake desire to control. Tracing the evolution and application of
and a web of laws, meant to protect “ten- zero-tolerance policies on drugs and violence, the director,
ants” from greedy landlords, is used by Keaton, to tie them Cevin Soling, amasses overwhelming evidence of institu-
into knots. Keaton’s character has plotted how he can steal tional overreaction. When an 8-year-old can be suspended
the property for himself and how government regulations for pointing a chicken finger and saying “Pow,” we know
will help him do it. Government regulations, as Griffith and that common sense has officially left the building.
Modine, soon learn, have unintended consequences. DVD, “Impassioned interviews with educators, authors and
R rating, 102 minutes. $9.95. medical professionals—and some very perceptive students
Not Evil Just Wrong —warn of the consequences of surrounding children daily
Global warming alarmists want Amer- with armed security guards and surveillance cameras.
icans to believe that humans are killing “They don’t really prevent anything; they just take pic-
the planet. But Not Evil Just Wrong, a tures of it,” says Jessica Botcher, a student at Columbine
new documentary by Phelim McAleer High School. Those pictures, however, are electrifying:
and Ann McElhinney, proves that the an armed SWAT team terrorizing high school students in
only threats to America (and the rest of South Carolina; a tiny, terrified girl being handcuffed by
the world) are the flawed science and burly police officers. ...The War on Kids questions what
sky-is-falling rhetoric of Al Gore and kind of citizens we are producing. Parent or child-free, we
his allies in environmental extremism. all have a dog in that particular fight.” DVD, 95 minutes.
The damage that would be wrought is unjustified by the $19.95.
science. Not Evil Just Wrong exposes the deceptions that Witch Hunt
experts, politicians, educators and the media have been On the night John Stoll was roused
force-feeding the public for years. Man-made pollution is from his bed and carted off to jail, his
not melting the polar icecaps. The ocean will not rise 20 attitude bordered on the cavalier.
feet in a flash. And the only polar bears dying because of “Aren’t you worried?” His lawyer
man are the ones who try to eat men. They also shatter the wondered.
myth that the hottest years in the United States were 1998 “Hell no, I ain’t worried,” John an-
and 2006. The hottest year was 1934, and the hottest decade swered. “I didn’t do this. You can’t con-
was the 1930s—when there were half as many people and vict me of something I didn’t do.”
no SUVs or jumbo jets. DVD, about 90 minutes. $19.95 It was more than two decades before John Stoll was free
The Power of Choice again.
For nearly a century, one controversial Witch Hunt, is a gripping indictment of the United States
American has championed the idea that justice system told through the lens of one small town. It’s
only economic freedom and the rule John Stoll’s story, but it’s also the story of dozens of other
of law will lead inevitably to political men and women who found themselves ensnared in a spiral
freedom. His has been a commitment to of fear, ignorance and hysteria. These people are Ameri-
truth—not as he imagined it, but as he cans, working-class moms and dads, who were rounded
found it in the world around him. The up with little or no evidence, charged and convicted of al-
most unimaginable crimes. All sexual. All crimes against
rise of a global economy through free markets underscored children. Years, sometimes decades later, they would find
the power of his idea—the power of choice. No one has freedom again, but their lives and the lives of their chil-
been a greater proponent of individual freedom and indi- dren would be changed forever. This film shows viewers
vidual choice than Milton Friedman This is his life story, what the real crime in this case is, not molestation, but the
including the impact of his ideas on people the world over. crime of coercion. Viewers hear from the child witnesses
DVD, 90 minutes. $34.95.
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Laissez Faire! Spring 2010 • Page 19
who were forced to lie on the witness stand as they describe to capture you and pin you to your seat. DVD, 235 min-
scary sessions with sheriff’s deputies in which they were utes of documentary and extra material. List price, $29.98;
told—not asked—about sexual experiences that happened Amazon price $25.49; LFB price $14.95.
to them. Their coerced testimony led to dozens of convic-
tions. Many times their own parents were the ones they put Free to Choose
behind bars. Free To Choose is a landmark televi-
Soon after the trials, the children started to crack. They sion series about the interrelationship of
told adults of the lies they’d been forced to tell on the personal, political and economic free-
stand and hoped it would make a difference. It didn’t and dom—ideas that still dominate public
the convicted continued to sit in prison. As the allegations policy debates decades after they were
grew more outlandish, California’s Attorney General wrote first proposed. These are the ideas of
a scathing report on the court misconduct, but instead of Nobel prize-winning economist Milton
being buried by criticism, Kern County District Attorney Friedman and his economist wife, Rose. These ten one-
Ed Jagels thrived, doing what he did best—putting people hour programs, filmed on location around the world, have
away. He boasted one of the highest conviction rates in the helped millions of people understand the close relationship
country. This strategy served him well. Jagels is still in of- between the ideas of human and economic freedom. The
fice today. Through new interviews, archival footage, and interaction between these ideas has created, in the United
unflinching narration, the filmmakers construct an intimate States of America, the richest and freest society the world
film that illustrates a universal point; when power is al- has ever known. Milton Friedman sees this success threat-
lowed to exist without oversight from the press, the com- ened when citizens assume government intervention is the
munity or law enforcement, the rights of everyday citizens answer to all their problems. In this series, which premiered
can be lost for decades. National film critic Marshall Fine in the United States on January 11, 1980, Dr. Friedman fo-
says, “This is a chilling story about American law-enforce- cuses on basic principles. How do markets work? Why has
ment run amok and untethered. ....A movie that can’t help socialism failed? Can government help economic develop-
but move you—to tears and to action.” ment? The television series and the book that emerged from
This documentary is a warning about how public hysteria, it have been watched and read by millions of people around
fed by power-hungry politicians, can destroy the lives of the world. Both have been translated into over two dozen
the innocent. It is a haunting tale of big government run languages. DVDs, about 10 hours, $95.00
amok. 91 minutes. List price $24.95; LFB price, $21.95
Tea with Mussolini
Capturing the Friedmans In this marvelous, partly autobio-
Winner of the Grand Jury Prize at the graphical film, director Franco Zef-
Sundance Film Festival, and with over firelli takes us to Florence and gives
$3 million at the box office to date, us a cast of superstars: Cher, Lily
Capturing The Friedmans is nothing Tomlin, Dame Judy Dench, Maggie
short of one of the most riveting, pro- Smith and Joan Plowright. Here we
vocative, and hotly debated films of follow the story of Luca, a young
the year. Despite their predilection for man raised by his English nanny
hamming it up in front of home-movie (Plowright), and a small group of
cameras, the Friedmans were a normal middle-class family British and American women who
living in the affluent New York suburb of Great Neck. One are dubbed Il Scorpioni by the locals. When war breaks
Thanksgiving, as the family gathers at home for a quiet hol- out, one of the women (Smith), whose deceased husband
iday dinner, their front door explodes, splintered by a police had been British ambassador, assures the group that her
battering ram. Officers rush into the house, accusing Arnold friendship with Il Duce will protect them all. Of course,
Friedman and his youngest son Jesse of hundreds of shock- that is not to be the case.
ing crimes. Arnold’s choice, given him by the authorities, is The women begin to witness dangers of fascism first
to plead guilty and they will go easy on his son, or confess hand. Only secret funds of the brash American (Cher)
to crimes he probably didn’t commit, in order to save his saves them. But the American is in danger because she’s
own son. What would you do? The film follows their story a Jew and Il Scorpioni have to save her. In the climax of
from the public’s perspective and through unique real foot- this enchanting film, this small band of women stand up
age of the family in crisis, shot inside the Friedman house. to fleeing Nazis in order to save the great treasures of the
As the police investigate, and the community reacts, the town where they are imprisoned. A touching, beautiful film
fabric of the family begins to disintegrate, revealing pro- that portrays the dangers of out-of-control government and
vocative questions about justice, family, and—ultimately— the heroism of resisting authority. This film is a pleasure to
truth. With an abundance of exclusive DVD bonus features watch with a moral lesson for us all. DVD, 117 minutes,
supplied on a second disc, Capturing the Friedmans is sure list price $14.98; Amazon price $12.99; LFB price $11.95.

www.lfb.org • 1-866-686-7210 • askus@lfb.org


Laissez Faire! Spring 2010 • Page 20
We the Living The Origins of Classical Liberalism
The new, special-edition 2-disc DVD set,
has the full 2 hour and 52 minute autho- Author and historian, George Smith, presents two
rized film, restored under the personal lectures on the origins of classical liberalism. the
supervision of Ayn Rand, PLUS over 45 forerunner of modern libertarianism. This DVD
minutes of deleted scenes including the includes both lectures plus the Q&A periods.
movie’s original ending. Recorded at an ISIL World Freedom Summit in
The Bonus Features disc also fea- New Zealand. This is Smith at his best. Enlighten-
ing and entertaining. DVD, all regions. About 90 minutes. $15.95
tures an all-new 35 minute making-of
documentary vividly telling the amazing Milton Friedman Video Set
story of how this film classic was made. Three half-hour discussions with Dr. Milton Friedman on VHS.
A highlight of the video is an exclusive first-hand account of how
Italian authorities banned the film, as told by the studio execu- In the first, Taking It to the Limits, Dr. Friedman
tive who managed the production. His heroic efforts to hide the discusses many of the common objections to free-
film’s original negatives prevented the film from being forever dom and rebuts them. In the second, The High and
the Mighty, he debates former California Governor
lost. DVD, 172 minutes. List price $39.95. LFB’s price $34.95:
Pete Wilson on the legalization of drugs. And in the
New LFB price $29.95.
Economy’s New Clothes he discusses the state of
The Day Ayn Rand Died the U.S. economy and whether the Depression was avoidable and
Jim Peron’s moving tribute to the impact of what the future may hold. Each video is 30 minutes. Full set, three
Ayn Rand on one life. Barbara Branden called VHSvideos, $34.95. Limited supply.
it “magnificent... had me in tears.” Mrs. Bran-
den says it “named exactly and movingly Ayn Rand with Mike Wallace
what Ayn gave to so many young people... In 1959 Mike Wallace did one of the
[this] video stands as a manifesto to her great first major interviews with Ayn Rand.
virtues and to the reasons for her incredible power to change the We recently acquired some of the last
lives of her readers.” DVD, about 45 minutes, $14.95 copies of this interview in VHS for-
mat. About 30 minutes. Only 20 copies
available, VHS. $29.95
Battlefield or Marketplace?
Michael Cloud shows how one can present Ayn Rand with Phil Donahue
libertarian ideas more efficiently. While some This video includes two episodes of the Phil
may want to sell out principles to make liber- Donahue Show with Ayn Rand. We recently
tarianism more appealing, Cloud shows that acquired the last 25 copies of this video avail-
better marketing is a more effective tool for able. These aired about 40 years ago. VHS,
persuasion. Two lectures from the World Freedom Summit in New about 90 minutes. $39.95
Zealand with Q&A periods. A must for every libertarian. DVD, all
regions, about 90 minutes, $15.95. The Mind of the Market
How did we evolve from hunter-gatherers to
Study with Milton Friedman modern consumer-traders? Why are people so
Did you ever wish you could have studied emotional and irrational when it comes to mon-
under the tutelage of a great thinker like Milton ey and business decisions? Bestselling author
Friedman? Now, here’s your chance. Thirty years Michael Shermer believes that evolution and
ago, 15 lectures by Friedman were videotaped evolutionary psychology provide an answer to
and we have them on DVD for your use. These both questions through the new science of evo-
15 lectures include well over 12 hours of Fried- lutionary economics. Drawing on research from neuroeconom-
man presenting his views, plus another six hours of questions and ics, Shermer explores what brain scans reveal about bargaining,
answers. Highly entertaining and informative. snap purchases, and how trust is established in business. Shermer
Lectures include:1. What is America? 2. Myths that Conceal shows how evolution and economics are both examples of a larger
Reality 3. Is Capitalism Humane? 4. The Role of Government in and still somewhat mysterious phenomenon of emergence, where
a Free Society 5. What’s Wrong with the Welfare State. 6. Money one plus one equals three. DVD, about 60 minutes. $14.95.
and Inflation. 7. Is Tax Reform Possible? 8. Free Trade: Producer
vs. Consumer. 9. The Energy Crisis: A Humane Solution. 10. The
Economics of Medical Care. 11. Putting Learning Back in the An Evening with the
Classroom. 12. Who Protects the Consumer? 13. Who Protects the Skeptical Environmentalist
Worker? 14. Equality and Freedom in the Free Enterprise System. Bjorn Lomborg’s massive book debunking Green
15. The Future of a Free Society. If bought individually the total alarmism, The Skeptical Environmentalist, became
would be $350.00 Our price for all 15 DVDs is $299.95. Save 15%. a world-wide best-seller. But a lot of people don’t
Note: These DVDs are produced from old film. There was some have the time, or inclination, to work through it.
degrading of the quality of the film over the years. This mainly For them we present Lomborg himself explaining the basic thrust
translates into some visual issues in a few spots. The DVDs we have of his work in a lively, entertaining and informative presentation.
watched all the way through, to date, have only minor issues and it This DVD shows Lomborg at his best. Presentation and Q&A: 80
doesn’t interfere with the lecture itself. minutes. $16.95.
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Laissez Faire! Spring 2010 • Page 21
States of Fear A Conversation with
In discussing not just environmental issues, but Milton Friedman
the increasing politicization of science itself, best- Nobel prize winning economist Gary Becker
selling author Michael Crichton examines the in- interviews his fellow Nobel laureate, Milton
tersection of media, politics, and science, inspiring Friedman. DVD, about 73 minutes. List price
viewers to challenge old assumptions and to search $22.00. LFB price $17.95.
beneath the surface of issues as they seek to dis-
cover the truth. Scientists Bruce Ames (U.C. Berkeley), Sallie
Baliunas (Harvard Smithsonian Center for Astrophysics), Wil-
liam Gray (Colorado State U.), and Oregon State Climatologist Immigrants: Your Country Needs Them
George Taylor show how scientific debates have been politicized Phillippe Legrain defends the libertarian view of
by appealing to the fears of an uninformed public. List price immigration. Free markets rely on the free move-
$19.95. LFB price $16.95 ment of capital, goods and labor. Yet so many “free marketeers”
pretend that movement of labor is not part of a functioning mar-
Environmentalism: Facing the Challenge ket. Martin Wolf, editor of the Financial Times, says that Legrain
Václav Klaus takes on the environmental move- “makes a good case for the unpopular cause of free flows of peo-
ment in no uncertain terms. The only world leader ple. The book is a superb combination of direct reportage with
courageous enough to challenge the Green behemoth detailed analysis of the evidence.” DVD, $14.95.
discusses the threat that movement presents to liberty and economic
freedom. Includes Q&A, a presentation given at the Cato Institute. The Power of the Poor
DVD, about 60 minutes, $14.95. The Power of the Poor is a compelling look at
the surprising and vital role of inclusive laws
Harry’s War
and titled property in establishing peace and
Harry’s War is a film you will enjoy unless you
prosperity. It is also the story of real people
work for the Internal Revenue Service. With
with real struggles—all of whom share a com-
a stellar cast including Edward Herrmann,
mitment to entrepreneurship.
Geraldine Page, David Ogden Stiers and Karen
Hosted by renowned Peruvian economist and
Grassel, this is one of the most libertarian films
author Hernando de Soto, this insightful pro-
ever produced. gram tells how corruption, bureaucracy and lack of simple legal
Rarely do you get a film that discusses things rules have locked two-thirds of the world’s population out of the
like “constitutional government” and the abuses global economy. Forced to operate outside the rule of law, they
of the IRS. The film has moments that are funny, have created their own parallel, but limited, commercial systems.
touching or infuriating. It was released in 1981, and from what I “It’s time to let them in,” says de Soto.
understand, never saw the inside of a theater, in spite of a well-known De Soto and his team have proven that, even hobbled by great
cast of actors. DVD, 98 minutes. $19.95. Multiple copies: 3 copies, obstacles, the world’s hard-working poor entrepreneurs have cre-
$49.95. 5 copies, $74.95, 10 copies, $124.95. To order bulk copies ated far more wealth than anyone ever imagined possible—even
call our toll-free number 866 686 7210 in the absence of legal frameworks people in the rich north take
A Conversation with Peter Bauer for granted. Prosperity is possible, if only we simplify the rules
One of the twentieth century’s leading thinkers of the game. That means giving the poor titled property and legal
on the relationship between free trade and the business tools we in the West enjoy. Such will enable them to
economics of developing countries, Lord Peter harness the power of their considerable assets, as these stories il-
Thomas Bauer discusses his clear ideas on the lustrate.
ineffectiveness of government aid and interven- To unlock The Power of the Poor is to change the world. If
tion in the Third World.. DVD, about 58 minutes. we fail, the world’s ‘humble people’ will turn against capitalism
List price $22.00. LFB price $17.95. as they have turned against other failed economic systems. Such
could make for a very difficult and violent age. But with policies
of legal inclusion, there is hope. DVD, all regions, 57 minutes.
The Devil’s Footpath
$34.95.
The Devil’s Footpath is an astonishingly
entertaining and moving documentary on Why Globalization Works
today’s conflicts in Africa. Kenyan libertar- Martin Wolf, editor of London’s Financial
ian June Arunga is on a 5,000 mile journey Times, discusses why globalization works,
through conflict zones in Africa, including based on his book of the same name. Wolf’s
the Sudan. Ms. Arunga offers viewers presentation to the World Freedom Summit in
Germany, sponsored by the International Soci-
insight, anger, fear, sorrow, and aston-
ety for Individual Liberty. DVD, about 60 minutes, $14.95.
ishment as she interviews everyday Africans coping with
the disasters around them. “Africa could be the best place The Welfare State and the Decline of Europe
on earth, but instead our best and brightest minds are leav- Swedish author Johnny Munkhammer discusses the negative im-
ing the continent in their millions.” So says June Arunga, pact of the welfare state on Europe. DVD, 60 minutes, $14.95
a 22-year-old Kenyan law student who’s facing the same The Limits of Democracy
dilemma. Should she stay or should she go? DVD, list price Sir Samual Brittan discusses the limitations of democracy within
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Laissez Faire! Spring 2010 • Page 22

Free Thought
God: The Failed Hypothesis
Many authors claim that modern science supports
the proposition that God exists, but very few authors
have directly challenged this assertion. Physicist
Atheism: The Case Against God Victor J. Stenger points out that if scientific argu-
“You are about to read a minority viewpoint.” With ments for the existence of God are included in intel-
this intriguing introduction, George Smith sets out lectual, not to mention political discourse, then ar-
to demolish what he considers the most widespread guments against his existence should also be considered. Stenger
and destructive of all the myths devised by man argues that science has advanced sufficiently to make a defini-
—the concept of a supreme being. With painstak- tive statement on the existence — or nonexistence — of the tra-
ing scholarship and rigorous arguments, Smith ditional Judeo-Christian-Islamic God. He invites readers to put
examines, dissects, and refutes the myriad “proofs” offered by their minds and the scientific method to work to test this claim.
theists - the defenses of sophisticated, professional theologians, Hardback, 310 pages. List price $28.98. LFB price $16.95
as well as the average religious layman. He explores the histori-
cal and psychological havoc wrought by religion in general - and
The Age of Reason
Thomas Paine, defender of freedom, independence,
concludes that religious belief cannot have any place in the life of
and rational common sense during America’s tur-
modern, rational man. Paperback, 367 pages. List price $22.98.
bulent revolutionary period, offers insights into
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religion which ring sharply true more than two cen-
God & Philosophy turies later. This unabridged edition of The Age of
In this classic primer to the philosophy of religion, Reason sets forth Paine’s provocative observations
libertarian philosopher Antony Flew subjects a wide on the place of religion in society. Paperback, 190 pages. List price
range of philosophical arguments for the existence $19.98. LFB price $14.95.
of the Christian God to intense critical scrutiny. Does God Exist?
However, the rumor in some circles is that Flew— Is there a God? What is the evidence for belief in
longtime advocate of atheistic humanism—has become a theist. such a being? What is God like? Or, is God a fig-
Judge for yourself by reading his new introduction in which he ment of human inspiration? How do we know that
addresses the ancient arguments of Aristotle, Thomas Aquinas, such a being might not exist? Should belief or dis-
and Gottfried Leibniz, among others, as well as the contempo- belief in God’s existence make a difference in our
rary perspective of Richard Swinburne. Flew confronts head-on opinions and moral choices, in the way we see ourselves and relate
arguments grounded in order and design, existence and causal- to those around us? These are fundamental questions, and their
ity, meaning and morality, and miracles, as well as authority and answers have shaped individual lives, races, and nations through-
faith. Each is approached with a degree of keen insight that only out history. On March 24, 1988, at the University of Mississippi,
Flew can muster. Paperback, 214 pages. List price $20.98. LFB J.P. Moreland, a leading Christian philosopher and ethicist, and
price $11.50. Kai Nielsen, one of today’s best-known atheist philosophers, went
head-to-head over these questions. Does God Exist? records their
C.S. Lewis and the Search entire lively debate and includes questions from the audience, the
for Rational Religion debaters’ answers, and the responses of four recognized scholars
John Beversluis examines C.S. Lewis’s Argu- - William Lane Craig, Antony Flew, Dallas Willard, and Keith
ment from Desire—the “inconsolable longing” Parsons. Noted author and philosopher Peter Kreeft has written an
that he interpreted as a pointer to a higher reality; introduction, concluding chapter, and appendix - all designed to
his Moral Argument for the existence of a Power help readers decide for themselves whether God is fact or fantasy.
behind the moral law; and his Argument from Reason--his con- Paperback, 320 pages. List price $22.98. LFB price $14.95.
tention that reason cannot be adequately explained in naturalistic
terms. He also examines Lewis’s solution of the Problem of Evil, Atheism, Morality and Meaning
which many philosophers think is a decisive objection to belief Despite the pluralism of contemporary Ameri-
in Christianity. In addition, he considers issues in the philosophy can culture, the Judaeo-Christian legacy still has
of religion that developed late in Lewis’s life­—such as Antony a great deal of influence on the popular imagina-
Flew’s criticisms of Christian theology. He concludes with a dis- tion. Thus it is not surprising that in this con-
cussion of Lewis’s crisis of faith after the death of his wife and text atheism has a slightly scandalous ring, and
answers the question: Did C. S. Lewis lose his faith? Paperback, unbelief is often associated with lack of moral-
250 pages. List price $21.98. LFB price $16.25. ity and a meaningless existence. Distinguished
philosopher Michael Martin sets out to refute
Can We Be Good Without God? this notion in this thorough defense of atheism
Considering the long historical relationship between religion and as a both moral and meaningful philosophy of
ethics, Buckman asks whether we can develop better, nontheistic life. Martin shows not only that objective mo-
belief systems that avoid the destructive aspects of traditional rality and a meaningful life are possible without
religious beliefs. He then describes ways in which we can become belief in God, but that the predominantly Chris-
aware of, and perhaps, correct our “limbic urges” when they tian world view of American society is seriously
threaten to lead to destructive behavior. This ambitious work, flawed as the basis of morality and meaning.
covering important areas of social anthropology, comparative religion, neurology, Paperback, 235 pages. List price $22.98. LFB
and psychology, provides many insights into the mechanisms of belief. Hardback, price $18.95.
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Laissez Faire! Spring 2010 • Page 23
The New Atheism Why People Believe Weird Things?
In recent years a number of bestselling books In this age of supposed scientific enlightenment,
have forcefully argued that belief in God can many people still believe in mind reading, past-
no longer be defended on rational or empiri- life regression theory, New Age hokum, and
cal grounds, and that the scientific worldview alien abduction. A no-holds-barred assault on
has rendered obsolete the traditional beliefs popular superstitions and prejudices, with more
held by Christianity, Judaism, and Islam. The than 80,000 copies in print, Why People Believe
authors of these books—Richard Dawkins, Weird Things debunks these nonsensical claims
Daniel Dennett, Sam Harris, Christopher and explores the very human reasons people
Hitchens, and Victor J. Stenger—have come to be known as the find otherworldly phenomena, conspiracy the-
“New Atheists.” Predictably, their works have been controversial ories, and cults so appealing. In an entirely new chapter, “Why
and attracted a good deal of critical reaction. Victor J. Stenger, Smart People Believe in Weird Things,” Michael Shermer takes
whose God: The Failed Hypothesis was on the New York Times on science luminaries like physicist Frank Tippler and others, who
bestseller list in 2007, reviews and expands upon the principles of hide their spiritual beliefs behind the trappings of science. Hard-
New Atheism and answers many of its critics. He demonstrates back, 284 pages. List price $22.95. LFB price $13.95. Below
in detail that naturalism—the view that all of reality is reducible Amazon’s discounted paperback price!
to matter and nothing else—is sufficient to explain everything we God’s Problem
observe in the universe, from the most distant galaxies to the in- In times of questioning and despair, people often
ner workings of the brain that result in the phenomenon of mind. quote the Bible to provide answers. Surprisingly,
Paperback, 282 pages. List price $19.00; LFB price $12.50. though, the Bible does not have one answer but
Why Darwin Matters many “answers” that often contradict one anoth-
Evolution happened, and the theory describ- er. Consider these competing explanations for
ing it is one of the most well-founded in all suffering put forth by various biblical writers:
of science. Then why do half of all Americans • The prophets: suffering is a punishment for
reject it? There are religious reasons, such as sin • The book of Job, which offers two differ-
the fear of atheism and the perceived loss of ent answers: suffering is a test, and you will be rewarded later
ultimate meaning; there are psychological rea- for passing it; and suffering is beyond comprehension, since we
sons, such as the ego-deflating realization that are just human beings and God, after all, is God • Ecclesiastes:
we are mere animals; and there are political suffering is the nature of things, so just accept it • All apocalyptic
reasons, such as the equation of evolution with texts in both the Hebrew Bible and the New Testament: God will
moral relativism on the right, and the connection of evolution to eventually make right all that is wrong with the world
eugenics and social Darwinism on the left. In Why Darwin Mat- For renowned Bible scholar Bart Ehrman, the question of why
ters, historian of science and bestselling author Michael Shermer there is so much suffering in the world is more than a haunting
defuses these fears by examining what evolution really is, how we thought. Ehrman’s inability to reconcile the claims of faith with
know it happened, and how to test it. Shermer then discusses what the facts of real life led the former pastor of the Princeton Baptist
science is through a brief history of the evolution-creation contro- Church to reject Christianity.
versy from the Scopes “Monkey” trial of 1925, through the U.S. Ehrman discusses his personal anguish upon discovering the
Supreme Court case of 1987, to the ongoing trials today, demon- Bible’s contradictory explanations for suffering and invites all
strating clearly how and why creationism and Intelligent Design people of faith—or no faith—to confront their deepest questions
theory are not science. Dr. Shermer also builds a powerful case about how God engages the world and each of us. Hardback, 304
for evolution as the scientific theory that most closely parallels pages; list price $25.95; Amazon price, $19.72; LFB price $14.95.
the Christian model of human nature and the conservative model Letter to a Christian Nation
of free-market economics. Hardback copy, 224 pages. List price In response to The End of Faith, Sam Harris
$22.00. LFB price $9.95. received thousands of letters from Christians
excoriating him for not believing in God. Letter
Irreligion to a Christian Nation is his reply. Using rational
Are there logical reasons to believe in God? The argument, Harris offers a measured refutation
mathematician and bestselling author John Al- of the beliefs that form the core of fundamental-
len Paulos thinks not. In Irreligion he presents ist Christianity. In the course of his argument,
the case for his own worldview, organizing his he addresses current topics ranging from intel-
book into twelve chapters that refute the twelve
ligent design and stem-cell research to the connections between
arguments most often put forward for believing
religion and violence. In Letter to a Christian Nation, Sam Harris
in God’s existence. Interspersed among these
boldly challenges the influence faith has on public life in our na-
counterarguments are remarks on a variety of irreligious themes,
tion.
ranging from the nature of miracles and creationist probability
“Reading Harris’ Letter to a Christian Nation was like sitting ring
to cognitive illusions and prudential wagers. Despite the strong
side, cheering the champion, yelling ‘Yes!’ at every jab. For those
influence of his day job, Paulos says, there isn’t a single math-
of us who feel depressed by this country’s ever increasing unifi-
ematical formula in the book. Skeptic magazine said: “Paulos de-
cation of church and state... this little book is a welcome hit of
serves high praise for turning out a book that is brief, forthright,
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Laissez Faire! Spring 2010 • Page 24
Libertarianism: A Primer
David Boaz presents the essential guidebook to
the libertarian perspective, detailing its roots,
central tenets, solutions to contemporary policy
Libertarianism
dilemmas, and future in American politics. He The Road to Serfdom
confronts head-on the tough questions frequently
With this new edition, The Road to Serfdom takes
posed to libertarians: What about inequality?
its place in the series The Collected Works of F. A.
Who protects the environment? What ties people
Hayek.  The volume includes a foreword by series
together if they are essentially self-interested? A concluding sec- editor, Hayek scholar Bruce Caldwell, which ex-
tion, “Are You a Libertarian?” gives readers a chance to explore plains the book’s origins and publishing history,
the substance of their own beliefs. Libertarianism is must reading and assessing common misinterpretations of Hay-
for understanding one of the most exciting and hopeful move- ek’s thought. Caldwell has also standardized and corrected Hayek’s
ments of our time. Paperback, 314 pages, list price $17.95. LFB references and added helpful new explanatory notes. Supplemented
price $14.95. with an appendix of related materials ranging from prepublication
The Libertarian Reader reports on the initial manuscript to forewords to earlier editions
In The Libertarian Reader, David Boaz has col- by John Chamberlain, Milton Friedman, and Hayek himself, this
lected some of the finest libertarian writings ever new edition of The Road to Serfdom will be the definitive version
penned. This is the first comprehensive anthol- of Hayek’s enduring master-work. Paperback, 283p. List price
ogy of libertarian thought—from the Bible and $17.00, LFB price $14.00.
Lao-Tzu to Milton Friedman and Richard Epstein
—to be published in one volume.
The Constitution of Liberty
In this classic work Hayek restates the ideals of
These 68 selections from great libertarian
freedom that he believes have guided, and must
writers are an intellectual feast. The editor’s
introductory essays on key libertarian themes such as skepticism continue to guide, the growth of Western civiliza-
about power, individual rights, spontaneous order, free markets, tion. Hayek’s book, first published in 1960, urges
and peace are important essays in themselves. And the 40-page us to clarify our beliefs in today’s struggle of politi-
bibliographical essay, “The Literature of Liberty,” by Cato’s Tom cal ideologies “One of the great political works of
Palmer, is alone worth the price of the book. List price $17.95, our time, . . . the twentieth-century successor to John Stuart Mill’s
LFB price $14.95. essay, On Liberty.”—Henry Hazlitt, Newsweek. Paperback, 508
Realizing Freedom pages, $22.95.
What is freedom? How is freedom related to jus- What It Means to Be a Libertarian
tice, law, property, peace, and prosperity? Tom Charles Murray has created a radical, compas-
Palmer has spent a lifetime-as a scholar, teacher, sionate blueprint for solving today’s most ur-
journalist, and activist-asking and answering gent social and political problems.He believes
these questions. His best writings are now col- that America’s founders had it right—that strict
lected in Realizing Freedom: Libertarian Theo- limits on the power of the central government
ry, History, and Practice. Palmer’s work ranges and strict protection of the individual are the
from the theory of justice to multiculturalism, democracy and keys to a genuinely free society. He proposes a
limited government, globalization, the law and economics of pat- government reduced to the barest essentials: an executive branch
ents and copyrights, among many other topics. These essays have consisting only of the White House and trimmed-down depart-
appeared in scholarly journals and in such newspapers as the New ments of state, defense, justice, and environmental protection; a
York Times, Wall Street Journal, and London Spectator. Palmer Congress so limited in power that it meets only a few months each
has smuggled photocopiers and fax machines into the Soviet year; and a federal code stripped of all but a handful of regula-
Union; organized movements against the draft, taxes, censorship, tions. Murray shows why less government advances individual
and victimless-crime laws; and ceaselessly promoted freedom in happiness and promotes more vital communities and a richer cul-
the most hostile locations, from communist Europe and China ture. Paperback, 196 pages. List price $15.00. LFB price $11.95.
to Iraq to the halls of academe. Hardcover, 532 pages, list price The Liberal Tide
$29.95. LFB price, $19.75. Liberalism, properly understood, is a dynamic,
The Market for Liberty radical force pushing for the liberation of individu-
This classic work argues for a completely-depo- als from arbitrary control by others. It advocates
liticized world where all services are provided by private property, limited government, social tol-
private entrepreneurs. Morris and Linda Tannehill erance and peaceful relations with all. Over the
make a persuasive case for their vision of a state- centuries, across the world, there have been voices
less society. calling for individual freedom. This book collects those voices into
The new edition is a special collector’s edi- a coherent whole, explaining the nature of a free society.
tion. It is the 40th anniversary facsimile edition. This means the The first section covers the nature of liberalism itself, the second
new edition looks like the original edition that came out in 1970. section covers the economics of liberalism and the third section
The size is the same, the text is identical and the cover is identical, contrasts liberalism with its nemesis, the conservative force of so-
except the cover specifying that this is the 40th anniversary fac- cialism. Authors in this volume include Bastiat, Mises, Buchanan,
simile edition. Paperback, 169 pages, $12.95. LFB price, $9.95 Spooner, Read, Llosa, Chodorov and others. Paper, 178 pages,
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Laissez Faire! Spring 2010 • Page 25
The Politics of Freedom Radicals for Capitalism
In The Politics of Freedom David Boaz takes In this revelatory book, based on original re-
on both liberals and conservatives who seek to search and interviews with more than 100 key
impose their own partisan agendas on the whole sources, Brian Doherty traces the evolution
country. He explains • why freedom is both “pro- of the libertarian movement through the un-
choice” and “pro-life” • the growing libertarian conventional life stories of its most influential
vote in America • how the Republicans became leaders—Ludwig von Mises, F.A. Hayek, Ayn
the tax-and-spend party • how Democrats joined Rand, Murray Rothbard, and Milton Fried-
Republicans in foreign adventurism • the failure man—and through the personal battles, char-
of the war on drugs and what can be done about it • how competition acter flaws, love affairs, and historical events
can give us better schools • the betrayal of our constitutional rights that altered its course. And by doing so, he provides a fascinat-
• why markets work and government planning doesn’t • and every- ing new perspective on American history—from the New Deal
thing from gay marriage and the nanny state to taxes and terrorism. through the culture wars of the 1960s to today’s most divisive
For nearly 30 years, David Boaz has been speaking directly to political issues. Neither an exposé nor a political polemic, this
the large and growing number of Americans who are fed up with entertaining historical narrative will enlighten anyone interested
politics as usual. Now, for the first time, his best writings are gath- in American politics. Hardback, 752 pags. List price $35.00. LFB
ered in one collection. Hardback, 209 pages, list price $22.95. price, $18.95.
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The State
In this libertarian classic, Franz Oppenheimer con-
The Decline of American Liberalism tends that there are two fundamentally-opposed or-
Renowned historian Arthur Ekirch chronicles ganizing principles of social life. One is essentially
the powerful and moving story of individual lib- peaceful and is what he calls the economic means:
erty across three centuries of American history. the voluntary exchange of the products of one’s
All readers across the political spectrum will be own labor for those of the labor of others. The other is essentially
fascinated by this widely-celebrated and beauti- violent and is what he calls the political means: the appropriation
fully written book, as Ekirch traces how the ide- of the labor of others for the benefit of the political class. Hardback,
al of individual liberty, free markets and self-government have $22.95. Paper, $18.95.
weathered through the Revolutionary War, Civil War, two World Liberty vs. Tyranny of Socialism
Wars, Great Depression, and civil-rights battles. The book’s far- Here is a collection of the syndicated newspaper
reaching discussion of the growth of government and its negative columns of Walter Williams. He offers his some-
effects on autonomy, the economy, peace, and the rule of law is times controversial views on education, health, the
highly illuminating for modern readers facing unprecedented cur- environment, government, race and many other
rent expansions of the size and reach of State power. Paperback, topics. For the most part, Williams is a libertar-
416 pages, list price $22.95. LFB price $15.50. ian with a few disappointing comments here and
The Law there. With most writers, libertarians dig through
In The Law (1850), Frederic Bastiat recognized the volumes to find a few nuggets. Williams is mostly nuggets so the
central importance of the law and morality in a free few clinkers can be forgotten. Williams is at his absolute best when
society. He was concerned that government was he takes on the current economic fallacies of the day. Each column
using the ‘law’ to become too active a participant is short, easy-to-read, and almost all of them are enlightening and
in the economy whilst devoting too little attention entertaining. Paperback, 377 pages. List price, $15.00 LFB price,
to protecting life and liberty. Paper, 85p., $4.00. $10.00.
The Man versus The State Secrets of Libertarian Persuasion
Michael Cloud presents useful techniques for pre-
Herbert Spencer develops the disastrous ramifications
senting liberty in a more-persuasive manner. This
of the substitution of the principle of compulsory co-
ought to be read by every libertarian interested
operation—the statist principle—for the individualist
in spreading the ideas of a free society. Paper,
principle of voluntary cooperation. His theme: “there
240p., $14.95.
is in society... that beautiful self-adjusting principle
which will keep all its elements in equilibrium.... The Globalization and Liberty
attempt to regulate all the actions of a community by legislation will A collection of speeches from ISIL conferences
entail little else but misery and compulsion.” Paper, 550p., $9.95. around the world. Includes speeches by Milton
Liberalism Friedman, Jan Narveson, Wendy McElroy, Ken
Schoolland, Samuel Brittan, Daniel Mitchell and
The foundation of liberalism, Ludwig von Mises
others. Pb, 125 pages, $14.95.
says, rests on an understanding and appreciation of
.
private property, social cooperation, the freedom
idea, ethics and morality, democracy, and the le- Essays on Individuality
gitimate role of government. The liberal program A collection of essays on the place of the individual
aims at securing equality under law and freedom of opportunity in a free society. Includes essays by Arthur Ekirch,
for everyone to make their own choices and decisions, so long as Jr.; Milton Friedman; F.A. Hayek, Felix Morley and
they do not interfere with the equal rights of others; it offers no others. Paperback, 382p., $9.95
special privileges to anyone. Paper, 203 pages, list price $14.50.
LFB price $10.50.
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Laissez Faire! Spring 2010 • Page 26

Ludwig von Mises


The Theory of Money and Credit
The Theory of Money and Credit integrated monetary
theory into the main body of economic analysis for the
first time, providing fresh, new insights into the nature
of money and its role in the economy and bringing
Human Action Mises into the front rank of European economists. Paperback, 544
In the foreword to Human Action: A Treatise on Economics, pages, list price $14.50. LFB price $10.50.
Mises explains complex market phenomena as “the outcomes of
countless conscious, purposive actions, choices, and preferences Planning for Freedom
of individuals, each of whom was trying as best as he or she In this anthology, Mises offers an articulate and accessible in-
could under the circumstances to attain various wants and ends troduction to, and critique of, two topics he considers especially
and to avoid undesired consequences.” It is individual choices in important: inflation and government interventionism. According
response to personal subjective value judgments that ultimately to Mises, inflation, that is monetary expansion, is destructive; it
determine market phenomena—supply and demand, prices, the destroys savings and investment, which are the basis for produc-
pattern of production, and even profits and losses. Although gov- tion and prosperity. Government controls and economic planning
ernments may presume to set “prices,” it is individuals who, by never accomplish what their proponents intend. Mises consis-
their actions and choices through competitive bidding for money, tently argues that the solution to government intervention is free
products, and services, actually determine “prices.” Thus, Mises markets and free enterprise, which call for reforming government.
presents economics—not as a study of material goods, services, For that, ideas must be changed to “let the market system work.”
and products—but as a study of human actions. He sees the sci- There is no better “planning for freedom” than this. Paperback,
ence of human action, praxeology, as a science of reason and log- 188 pages. List price $12.00. LFB price $9.95.
ic, which recognizes a regularity in the Economic Policy
sequence and interrelationships among Economic Policy contains six lectures
market phenomena. Mises defends meth- Ludwig von Mises delivered in 1959
odology of praxeology against criticisms for the Centro de Estudios Sobre la
of Marxists, socialists, positivists, and Libertad in Argentina. This volume
mathematical statisticians. serves as an excellent introduction to
Mises attributes tremendous techno- what Mises sees as the simple truths
logical progress and consequent increase of history in terms of economic prin-
in wealth and general welfare in the ciples. In straightforward language,
last two centuries to introduction of lib- Mises explains topics such as capi-
eral government policies based on free- talism, socialism, interventionism,
market economic teachings, creating inflation, foreign investment, and eco-
an economic and political environment nomic policies and idea. Pb. List price
which permits individuals to pursue their $12.00. LFB price $9.95.
respective goals in freedom and peace.
Mises also explains the futility and counter-productiveness of Economic Freedom and Interventionism
government attempts to regulate, control, and equalize all peo- Both a primer of the fundamental thought of Ludwig von Mises
ple’s circumstances: “Men are born unequal and ... it is precisely and an anthology of the writings of perhaps the best-known expo-
their inequality that generates social cooperation and civiliza- nent of what is now known as the Austrian School of economics.
tion.” Four volumes, slipcase edition, 1017 pages. Hardback, list This volume contains forty-seven articles. These papers are essen-
price $72.00, LFB price $49.95. Paperback, list price $43.00, tial reading for students of economic freedom and the science of
LFB price, $34.95. human action. Paperback, 312 pages. List price $14.50. LFB price
$10.50.
The Anti-capitalistic Mentality
Ludwig von Mises plainly explains the causes of the fear and Socialism
hatred that many intellectuals and others feel for capitalism. He This book must rank as the most devastating analysis of socialism
traces the causation of the misunderstandings and resultant fears yet penned. . . . An economic classic in our time.—Henry Hazlitt.
that cause resistance to economic development and social change. Mises’ seminal critique of state planning. Paper, 656p., $14.50.
He enumerates and rebuts the economic arguments against, and the LFB price, $11.00.
psychological and social objections to, economic freedom. Paper, Marxism Unmasked
84p., list price, $12.00; LFB price, $9.95. This volume contains nine lectures delivered over one week, in
Bureaucracy 1952, at the San Francisco Public Library. Mises was at his prime
Mises’s classic examination of the nature of bureaucracies and free as a teacher and lecturer. He shares a lifetime of learning on topics
markets in juxtaposition to various political systems. Contrasts that were (and remain) central to American public life. As the title
the two forms of economic management—that of a free-market indicates, his main focus is on Marxism. He discusses Marx and
economy and that of a bureaucracy. In the market economy, en- his place in the history of ideas, the destruction wrought by his
trepreneurs are driven to serve consumers by their desire to earn dangerous ideology, the manner in which his followers have cov-
profits. In a bureaucracy, managers must comply with orders is- ered up his errors, and how the Marxists themselves have worked
sued by the legislative body under which they operate; they may for so long to save Marxism from itself. He discusses Marxist
not spend without authorization and they may not deviate from claims about history and refutes the smear of the industrial revolu-
the path prescribed by law. Paper, 120p., list price, $12.00; LFB tion. Paperback, 109 pages, LFB price, $11.00.
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Laissez Faire! Spring 2010 • Page 27

Economics Money in Crisis


Despite the best inten-
tions to manipulate the
money supply and inter-
Economics in Selected Essays in est rates to achieve steady
One Lesson Political Economy real economic growth,
Thirteen masterpieces by low unemployment and
Henry Hazlitt’s book has
Frederic Bastiat of eloquent low inflation, the US
been the springboard from
which millions have come argumentation, still relevant
economy has suffered repeated bouts of
to understand the basic truths to the issues of our own day:
inflation and recession. This collection
communism, labor union-
about economics--and the economic falla- explores the record of the Federal Reserve
cies responsible for inflation, unemploy- ism, protectionism, government subsidies from 1913 to today and proposes bold new
ment, high taxes, and recession. H.L. for the arts, colonialism, the welfare state, directions for reform, including free-market
Mencken called Hazlitt “one of the few the right to employment, and the unseen banking, gold and other commodity-reserve
economists in human history who could consequences of government interference currencies, and constitutional limits on fis-
really write.” Nobel Laureate F.A. Hayek with free exchange. With an introduction cal and monetary policy. Paperback, $19.95.
hailed this book as “a brilliant perform- by F.A. Hayek. Paperback, 352 pages.
$11.00. Applied Economics
ance.” Hardback (Limited Supply), 205p., So much of our national
$29.95. Paperback, $14.95. LFB price: The Keynesian political debate these days
$12.95 Special Offer: Buy a case of 22 revolves around economic
copies for $218.95, a 33% discount, just Episode
W.H. Hutt’s expose of the matters—taxes, health care,
$9.95 each. even affirmative action and
fallacies of J.M Keynes,
The Making of theories now embraced immigration policy—that it
is essential for every informed American
Modern Economics with enthusiasm by the new
to have a working knowledge of econom-
Mark Skousen presents a president. Hutt shows why
ics. In Applied Economics the renowned
bold, updated history of those policies will NOT work. Paperback, conservative economist Thomas Sow-
economics—the dramatic 449 pages, LFB price $12.00. ell has made it possible for you to grasp
story of how the great eco- quickly and easily the economic elements
nomic thinkers built today’s rigorous so- More Sex is Safer Sex of key public policies. Better yet, this re-
cial science. Skousen revised this popular Steven Landsburg’s writings vised and expanded edition now includes
work to provide more material on Adam are living proof that econom- material on the roots of the Crash of 2008,
Smith and Karl Marx, and expanded cov- ics need not be “the dismal the economics of immigration, and other
erage in several other areas. science.” Readers of The timely topics. With an experienced teach-
This comprehensive, yet accessible in- Armchair Economist and er’s knack for making the complex simple,
troduction to the major economic writers his columns in Slate magazine know that Sowell explains why politicians frequently
of the past 225 years begins with Smith he can make economics not only fun but cheerlead for policies that are bad for the
and continues to the present day. It exam- fascinating, as he searches for the reasons economy; why cities with rent-controlled
ines the contributions made by each indi- behind the odd facts we face in our daily housing usually end up riddled with slums;
vidual to our understanding of the role of lives. In More Sex Is Safer Sex, he brings why medical-care costs just keep going
the economist, the science of economics, his witty and razor-sharp analysis to the up; and much more. Hardback, 352 pages.
and economic theory. Paperback, 494 pag- many ways that our individually rational List price $35.00. LFB price $15.00.
es, list price $42.95. LFB price $27.95. decisions can combine into some truly
weird collective results—and he proposes
Capitalism Man, Economy
hilarious and serious ways to fix just about
and Freedom everything. Hardback, 288 pages. List and State
In this classic book, Mil- price $26.00. LFB price $12.95. A pillar of the Austrian
ton Friedman provides the School Library and the
definitive statement of his The Essence last full-blown treatise
immensely influential eco- of Friedman on economics. If Mises’s
nomic philosophy —one in which com- This collection of essays
Human Action was the culmination of the
petitive capitalism serves as both a device presents a sampling of the
School from Menger’s time, Rothbard’s
for achieving economic freedom and a significant contributions to
treatise takes Austrian thought even further
necessary condition for political freedom. twentieth-century economic
in the areas of utility and welfare economics,
The result is an accessible text that has sold thought and practice by
Nobel Prize-winner Milton Friedman. A antitrust, labor, taxation, public goods, and
well over half a million copies in English,
number of the essays reprinted here are social insurance schemes. Inconsistencies
has been translated into eighteen languages,
eloquent expressions of his commitment are ironed out and the system of thought,
and shows every sign of becoming more and
to everyone’s freedom to choose. Paper, in all its logical rigor, is unbroken. Paper,
more influential as time goes on. Paper, 208
600p., $24.95. 987p., $19.95.
pages, list price $16.00. Our price $12.95.

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Laissez Faire! Spring 2010 • Page 28

Ayn Rand
The Vision of Ayn Rand
The Nathaniel Branden Institute lectures
that systematized Ayn Rand’s philosophy
and launched a philosophical movement.
In print for the first time. See page 14 for
Ayn Rand and the World She Made detals. Hardback, list price $39.95, LFB
A passionate advocate of laissez-faire capi- price $34.95; paperback $27.95, LFB
talism and individual rights, Rand remains a price $22.95; signed/numbered leather-
powerful force in the political perceptions of bound edition, $299.95. Leather bound
Americans today. Yet twenty-five years after her NOT signed or numbered $99.95.
death, her readers know little about her life.
In this seminal biography, Anne C. Heller Goddess of the Market
traces the controversial author’s life from her For the most part, Burns has assembled a
childhood in Russia during the Bolshevik Revo- book that will interest anyone who was influ-
lution to her years as a screenwriter in Hollywood, the publication enced by Ayn Rand. When a major academic
of her blockbuster novels, and the rise and fall of the cult that publisher, like Oxford University Press, sets out
formed around her in the 1950s and 1960s. Throughout, Heller to explore to the impact of Ayn Rand on Ameri-
reveals previously unknown facts about Rand’s history and looks can politics, that alone is a significant event.
at Rand with new research and a fresh perspective. Anyone who actually cares about the im-
Based on original research in Russia, dozens of interviews pact of Ayn Rand on the political scene will,
however, love this book, even if they have quibbles with the au-
with Rand’s acquaintances and former acolytes, and previously- thor in various areas. Burns has not so much written a biography
unexamined archives of tapes and letters, Ayn Rand and the World as a political biography. She recounts Rand’s influence on the po-
She Made is a comprehensive and eye-opening portrait of one of litical Right. She details her relationships with figures like Isabel
the most significant and improbable figures of the twentieth cen- Patterson and William F. Buckley. Yes, there are points to quibble
tury. Hardback, 592 pages. List price $35.00. LFB price, $20.25. about, but the broad picture that Burns paints, not any particular
Ayn Rand for Beginners stroke of the brush, is what we should focus on. This is an impor-
Ayn Rand, author of the best-selling novels, tant work on Rand and reflects the Rand revival.
The Fountainhead and Atlas Shrugged, is Hardback, 384 pages. List price, $27.95. Previous LFB price,
beloved by millions of readers, and equal- $18.00. New special LFB price $16.25.
ly hated. Her novels and her revolutionary The Passion of Ayn Rand
philosophy of Objectivism have acquired “The Passion of Ayn Rand is at once intimate
a world-wide following. They have also and objective, revealing and respectful, criti-
created a world-wide legion of frustrated cal and adulatory. When I read the manuscript
readers who find it difficult to permeate for the first time, I phoned Barbara Branden
her lengthy tomes. However, Ayn Rand is undeniably a solid step and told her that she had created one of the
in the literary canon as well as in the progression of philosophy. great fictional characters of our time. “But
Until now, there has been no simple, easy-to-read introduction it’s all true!” she insisted. Branden has in-
to her books and ideas. Ayn Rand For Beginners sheds a new light terviewed more than two hundred people,
on Ms. Rand’s otherwise seemingly impenetrable words and phi- including Ayn’s sister Nora, an aunt she stayed with in Chicago,
losophy. In clear, down-to-earth language, it explains Ayn Rand’s cousins, members of her husband’s family, associates from her
books and ideas to a new generation of readers. Paperback, 112 days in Hollywood, early conservative and libertarian friends, and
pages. List price $14.95, LFB price $10.00. many, many more besides.” Roy Childs. Paperback, 442 pages.
$17.95.
What Art Is Ayn Rand: A Sense of Life
In What Art Is, Torres and Kamhi present a lu- A beautiful hardback book filled with
cid introduction to Rand's esthetic theory, con- hundreds of photos based on the biographical
trasting her ideas with those of other thinkers. documentary of the same name. Hardback, 191
They conclude that, in its basic principles, her pages, $12.95, sale price.
account is compelling, and is corroborated by
evidence from anthropology, neurology, cog-
nitive science, and psychology.
The authors apply Rand's theory to a de-
bunking of the work of prominent modernists
First Day
and postmodernists--from Mondrian, Jackson Pollock, and Sam- of Issue
uel Beckett to John Cage, Merce Cunningham, and other highly Stamp
regarded postmodernist figures. Finally, they explore the implica-
tions of Rand's ideas for the issues of government and corporate We recently acquired a number of these First Day of Issue enve-
support of the arts, art law, and arts education. Paperback, 553 lopes featuring the Ayn Rand stamp. The stamp was first released
pages. List price $21.95; LFB price $18.95. in Rand’s favorite city, New York City, on April 22, 1999. Each
envelope is stamped “First Day of Issue” with a post mark indicat-
ing it was released on that day. LFB price, $5.00.

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Laissez Faire! Spring 2010 • Page 29

Editor’s Choice
Saving Globalization
Globalization is a process. It can’t be stopped, but
it can be slowed. It came to a grinding halt in Au-
gust 1914 and the Marxist detour cost millions of
lives. Yet more wealth has been created in the past
With hundreds of titles in stock we are only able to list a small 60 years than in all of history. After the most suc-
fraction of our entire selection in any one cataloge. And we try to cessful decade of sustained economic growth in
list titles thematically. But with limited space there are still some history, this progress is threatened.
favorite titles that I wanted to bring to your attention. This are not Extreme inequality, corruption and environmental degrada-
sorted by subject, but favorite titles that I didn’t want to leave out tion threaten the stability and legitimacy of many developing
of this catalogue. - Editor countries’ regimes. Anti-globalization and anti-capitalist cam-
Little Brother paigners’ confidence has been emboldened due to the present
economic crisis. Protectionist rhetoric is growing, as are the ar-
Cory Doctorow’s new best-selling novel.
guments to control and regulate markets. Leaders are meeting to
A typical rebellious teen suddenly finds
discuss how to face these problems and create a new international
himself living in a police state imposed by
architecture. How did we get to this position? What should we
the Department of Homeland Security after
do? What is it that determines why some contemporary states are
an explosion brings down the San Francisco
successful while others have failed?
Bay Bridge. Every citizen is now treated as
Democratic capitalism has worked for most people. Why? It
a potential terrorist. Even mentioning the
is a remarkable story, from the Greeks to the Geeks, encompass-
Bill of Rights becomes cause for suspicion.
ing technological progress and the corrections and contradictions
Kidnapped, tortured and threatened into
between liberty and equality, technology, growth and the envi-
silence by agents of his own government,
ronment. In defence of the many virtues and opportunities that
our hero­­—Marcus Yallow—uses his computer hacking skills
globalisation offers, Mike Moore makes the case for a fresh and
to organize the young people of San Francisco. Together these
new approach to our international Institutions and for domestic
“little brothers” undermine the police-state measures imposed by
policies that promote equity and fairness.
Big Brother. This fast-paced novel shows how technology can be
The book attacks the new enemies of reason and evidence.
used to rip away freedom and how other technology can be used
The threats now come from all sides, especially workers in de-
to free people. Great for teens and adults. Paperback, 382p., $9.95.
veloped countries who fear for their jobs. Mike Moore begain
The Cult of the Presidency his career as a dedicated socialist (and it shows), became prime
Gene Healy traces America’s decades-long drift minister of New Zealand and now champions liberal capitalism,
from the Framers’ vision for the presidency: a though incosistently. Hardback, 320 pages. List price, $29.95.
constitutionally-constrained chief magistrate LFB price, $19.95.
charged with faithful execution of the laws. Re- Free Range Kids
storing that vision will require a Congress and a A lot of parents today, Lenore Skenazy says,
Court willing to check executive power, but there see no difference between letting their kids walk
is no simple legislative or judicial “fix” to the to school and letting them walk through a firing
problems of the presidency. Unless Americans change what we range. Any risk is seen as too much risk. But if
ask of the office--no longer demanding what we should not want you try to prevent every possible danger or dif-
and cannot have--we’ll get what, in a sense, we deserve.This title ficulty in your child’s everyday life, that child
has our highest recommendation. Paperback, 368 pages, list price never gets a chance to grow up. Parents have to
$15.95. LFB price $10.50. realize that the greatest risk of all just might be trying to raise a
child who never encounters choice or independence.
The Age of Abundance Skenazy puts parents’ fears to bed by examining the statistical
Brink Lindsey offers a bold reinterpretation of the likelihood of the dangers we most fear (murder, baby-snatching,
latter half of the twentieth century. In this sweeping etc.). Drawing on facts, statistics, and humor, she convincingly
history of postwar America, the tumult of racial and argues that this is one of the safest periods for children in the
gender politics, the rise of the counterculture, and the history of the world, reiterating that “mostly, the world is safe…
conservative revolution of the 1980s and 1990s are and mostly, people are good.” Even the lowest-flying helicopter
portrayed in an entirely new light. Readers will learn how and why parents would have trouble disagreeing that “we have entered an
the contemporary ideologies of left and right emerged in response era that says you cannot trust yourself. Trust a product instead.”
to the novel challenges of mass prosperity. Hardback, 377p., list Skenazy argues that it’s time to retire the national pastime of wor-
price $25.95. LFB price, $16.95. rying and that “childhood is supposed to be about discovering the
world, not being held captive.” Hardback, 256 pages. List price
Noble Vision $24.95; LFB price $16.50.
Gen LeGreca’s novel does more to debunk the The Girl Who Owned a City
theory of nationalized health care than 90% of the In a world where adults have perished, one
“non-fiction” rebuttals on the market. It illustrates young girl discovers how to use reason and
through a well-crafted plot the evils of bureau- trade to bring back peace and security. She
cratically-managed health care while entertaining creates her own private city and it works.
the reader at the same time. Paper, 352p., $14.95. Paper, 192p., $6.50

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Laissez Faire! Spring 2010 • Page 30
The Case Against War and Liberty Mugged by the State
Adolescence An essential work on the Investigative reporter Ran-
Dr. Robert Epstein argues challenges of preserving dall Fitzgerald has traveled
that adolescence is a recent, civil liberties in wartime the country meeting ordi-
Western invention. Teens by a preeminent scholar nary, innocent Americans
didn’t used to be treated as of constitutional law. with horrifying stories of
more-advanced children, Winner of eight national how they have lost their homes, land,
awards for his magisterial work Perilous businesses, bank accounts, cars, and other
but used to be given adult responsibilities
Times, Geoffrey R. Stone has now created assets to federal, state, and local govern-
and rights. And Epstein says they were bet-
a condensed, updated, and more acces- ment. Thanks to out-of-control regula-
ter for it. Now society has compartmental-
sible history of civil liberties in wartime. tions, property can be seized, impounded,
ized teens, stripping them of a large portion
With an in-depth examination of how our and sold without recompense to the right-
of the rights that they historically held and
constitutional rights have fared during ful and innocent owner. And as Randall
treating them more like children.
the presidency of George W. Bush, Stone Fitzgerald points out, it could happen
This means many teens are being social-
reveals how the federal government has to you. Hardback, 157 pages. List price
ized by other teens and not by adults, and
suppressed civil liberties in times of war $19.95. LFB price $12.95.
that their levels of frustration and anger
throughout American history. A sparkling
have escalated. Often these angry teens The Beautiful Tree
historical narrative, War and Liberty is
have ways of forcing society to treat them Everyone from Bono to
the perfect book for any reader who wants
like adults—such as by committing a crime UNESCO is looking for
to understand the current national debate
or getting pregnant. a silver bullet to bring
and assess the state of our freedoms. Pa-
This is persuasively written, covers the schooling within reach
perback, 215 pages. List price $14.95.
major areas of contention, and brings forth of the poorest children
LFB price $8.95.
reams of scientific evidence to refute the on Earth. James Tooley
notion that teens are merely surly, large Bad Trip may have found one.
children. It is highly recommended. Hard- A war on drugs is an assault on
While researching private schools in In-
back, 489 pages, list price $24.95, LFB liberty. It assaults the liberty of
dia for the World Bank, and worrying that
price, $18.95. those who choose to indulge
he was doing little to help the poor, Pro-
as well as their dealers. But it
Let Them In also fuels the militaristic streak
fessor Tooley wandered into the slums of
Separating fact from myth of the police who are leading SWAT-team Hyderabad’s Old City. Shocked to find it
in today’s heated immigra- assaults on private homes. Every year these overflowing with small, parent-funded
tion debate, Jason Riley, assaults “mistakenly” kill innocent people. schools, he set out to discover if they could
of the Wall Street Jour- The war on drugs can kill you regardless help achieve universal education. So began
nal, contends that foreign of your choices. Drug can’t kill you unless the adventure lyrically told in The Beau-
workers play a vital role you choose to indulge and even then they tiful Tree—the story of Tooley’s travels
in keeping America prosperous; that main- aren’t as deadly as the war on drugs. The from the largest shanty town in Africa to
taining an open-border policy is consistent war on drugs is wrong, immoral, costly and the mountains of Gansu, China, and of the
with free-market economic principles; and destructive to Constitutional government. children, parents, teachers and entrepre-
that the arguments put forward by oppo- This book explains why. Hardback, 178 neurs who taught him that the poor are not
nents of immigration ultimately don’t hold pages, list price $24.99, LFB price $11.95. waiting for educational handouts. They are
up to scrutiny. Hardback 256 pages, list building their own schools and learning
price $22.50. LFB Price, 10.95. Universal Coverage to save themselves. Hardback, list price,
A new novel by Daniel $19.95; LFB price, $14.95
Nanny State Putkowski, Universal Cov- The Founders’
The average American has erage is a glimpse into the
little idea just how many lib-
Second Amendment
future of American health Stephen Halbrook’s The
erties have been lost through care. Our protagonist, Bob Founders’ Second Amend-
the growth of the Leviathan. Smith, enters health-care ment is the first book-length
Increasingly there’s a regulation, the need hell when his son collapses on the ball field.
account of the origins of the
to get permission, and the outright banning Smith encounters a Kafkaesque world of
Second Amendment, based
of ordinary activities that have always regulations, controls, and penalties when on the Founders’ own statements. Dr.
been seen as personal and private. David all he needs is a doctor. Anyone familiar Halbrook investigates the period from the
Harsanyi gives us a detailed script of this with the rules of nationalized medicine, last years of British rule and the American
ugly process. He is more than generous by in other parts of the world, will recognize Revolution through to the adoption of the
titling this egregious attack on our liber- Smith’s dilemma. Author Daniel Putkows- Constitution and the Bill of Rights, and the
ties as the ‘Nanny State.’”—Walter E. ki doesn’t portray a world as it ought to passing of the Founders’ generation. His
Williams. Hardback, 304 pages. List price be, but how it may well be. Today’s novel book offers the most comprehensive analy-
$24.95. LFB price $11.95. could be tomorrow’s journalism and that is sis of the arguments behind the drafting
terrifying to consider. Paperback, Amazon and adoption of the Second Amendment,
More of our titles can be price $16.00, LFB price $14.00. and the intentions of the men who created
found at www.lfb.org. it. Hardback, 448p., list price $28.95.  LFB
price, $18.95.
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