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The Free Market 19, no. 4 (April 2001)   One of the modern hero-myths the State has cultivated about itself is that government vaccination programs drastically reduced some common communicable diseases in the twentieth century. For decades, the government has required certain vaccinations for entry into schools, and most parents have passively

The Free Market 19, no. 8 (August 2001)   On May 29, the commencement exercises at Estero High School in Fort Myers, Florida, took place without eighteen-year-old honor student Lindsay Brown. The reason? A school official saw a kitchen knife with a five-inch blade on the floor of her car in the school parking lot and reported it to the local

The Free Market 19, no. 12 (December 2001)   This past September, the state government of South Carolina came under fire for issuing a special license plate bearing the slogan “Choose Life.” Affronted abortion-rights groups quickly filed suit, claiming that the state was violating the first and fourteenth amendments by failing to offer a “Choose

The Free Market 20, no. 3 (March 2002)   My first “real job,” the summer before my senior year in high school, was selling shoes in a small retail store in my hometown. The job paid only what was then the federal minimum wage, $3.35 an hour, but, then, my labor was probably barely worth that. At least the work was honest and productive.  The

Volume 23, Number 1 (Spring 2003)   Timothy D. Terrell is interviewed about fiat money and money creation, Libertarianism, and Government intervention.

Winners, Losers, and Microsoft: Competition and Antitrust in High Technology by Stan J. Liebowitz and Stephen E. Margolis Oakland, California: The Independent Institute , 1999 Reviewed by TIMOTHY D. TERRELL School of Business and Government Liberty University, 1971 University Blvd., Lynchburg, VA 24502 Having suffered the destruction of key

Distinguishing innovation from chicanery is not always easy, particularly when a market is developing much faster than the average consumer will gather information about it. The market for digital currencies is one of those markets. Publicized failures of new gold-based currencies make it more difficult for others who have viable plans for new

For decades, millions of American workers have made themselves more attractive to their employers by formally agreeing to keep any future disputes outside the court system. These increasingly popular arbitration agreements replace the high costs of a court case with the speedier and less expensive arbitration process. Some scholars have also

It is one of the most common tragedies of human history: a region populated by relatively defenseless farmers is set upon by a gang of well-armed bandits, who force the farmers off their land and divide the land and spoils among themselves. In 1893, the tragedy had come to Zimbabwe, and the gang of well-armed bandits were British settlers led by

Some of the most common arguments advanced against the price system are those based on religious faith. In fact, all forms of statism can be tied to some form of faith. It may be a faith in a human being, or committee of human beings. Certainly, socialism requires a great deal of faith in the abilities of central planners to collect relevant,