Académique Documents
Professionnel Documents
Culture Documents
Mises in China
The Green Racket
New books from
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Table of Contents
quarter, you make a purchase we will
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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
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a fixed income. For membership in- Laissez Faire’s Publishing Program Expands............... page 13
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Laissez Faire! Spring 2010 • Page 3
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
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
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
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
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
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
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
LFB price $13.95.
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.
262 pages. List price $22.98. LFB price $15.50.
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,
adrenalin.” Marc Hauser, author of Moral Minds: How Nature
and amiable.” Hardback, 158 pages, list price, $20.00; LFB price
Designed Our Sense of Right and Wrong. Hardback, 96 pages, list
$9.95.
price $16.95. LFB price, $8.95.
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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,
Bulk discount available. $12.95.
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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.
LFB price $15.95.
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
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.
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
Signature
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Laissez Faire!
International Society for
Individual Liberty
835 W. Warner Rd #101-617
Gilbert, AZ 85233