The End of Economic Freedom?

This first appeared in The Libertarian Forum, Vol III, NO.8, September, 1971 On August 15, 1971, economic freedom died in America. And the terrible thing is that everybody cheered. Where was the opposition? Where are the people who, for four decades now, have been denouncing wage and price controls? Where are the businessmen? For decades, the business community has been proclaiming its devotion to free enterprise, to the free price system. For decades, they have been attacking direct controls on prices and wages. Where are they now? They are the loudest and most delighted of the cheering squad for Mr. … Continue reading The End of Economic Freedom?