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NEW BOOKS AND ARTICLES - Ralph Raico, New Individualist Review [1961]

Edition used:

New Individualist Review, editor-in-chief Ralph Raico, introduction by Milton Friedman (Indianapolis: Liberty Fund, 1981).

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


NEW BOOKS AND ARTICLES

THE FOLLOWING IS A SELECT LIST OF BOOKS AND ARTICLES WHICH, IN THE OPINION OF THE EDITORS, MAY BE OF INTEREST TO OUR READERS.

  • Allen Drury, A Shade of Difference. (New York: Doubleday).
  • M. Stanton Evans, Allan H. Ryskind, William Schutz, The Fringe on Top. (New York: American Features, Inc.).
  • Foundation for Economic Education, Essays on Liberty, Vol. IX. (Irvington-on-Hudson: Foundation for Economic Education.
  • Milton Friedman, Capitalism and Freedom. (Chicago: University of Chicago Press).
  • Elgin Groseclose, Money and Man. (New York: Frederich Ungar).
  • Erik von Kuehnelt-Leddihn, Democracy Revisited. (Intercollegiate Society of Individualists pamphlet, 629 Public Ledger Bldg., Philadelphia).
  • John Lively, The Social and Political Thought of Alexis de Tocqueville. (Oxford: Oxford University Press).
  • John Stuart Mill, Essays on Politics and Culture, ed. by Gertrude Himmelfarb. (New York: Doubleday).
  • Ludwig von Mises, The Free and Prosperous Commonwealth. (Princeton: Van Nostrand).
  • Heinrich Rickert, Science and History. (Princeton: Van Nostrand).
  • Earl E. T. Smith, The Fourth Floor. (New York: Random House).
  • David McCord Wright, The Keynesian System. (New York: Fordham University Press).
  • James Burnham, “Emancipation Proclamation”, National Review, November 8, 1962.
  • W. Allen Wallis, “Neo-Mercantilism and the Unmet Social Need-ers”, Modern Age, Summer, 1962.
  • George Winder, “The British Nationalized Health Service,” The Freeman, August, 1962.

New Individualist Review welcomes contributions for publication from its readers. Essays should not exceed 3,000 words, and should be type-written. All manuscripts will receive careful consideration.

“SOCIALISM is only an idea, not an historical necessity, and ideas are acquired by the human mind. We are not born with ideas, we learn them. If socialism has come to America because it was implanted in the minds of past generations, there is no reason for assuming that the contrary idea cannot be taught to a new generation. What the socialists have done can be undone, if there is a will for it. But, the undoing will not be accomplished by trying to destroy established socialistic institutions. It can be accomplished only by attacking minds, and not the minds of those already hardened by socialistic fixations. Individualism can be revived by implanting the idea in the minds of the coming generations. So then, if those who put a value on the dignity of the individual are up to the task, they have a most challenging opportunity in education before them. It is not an easy job. It requires the kind of industry, intelligence and patience that comes with devotion to an ideal.”

—Frank Chodorov, Founder and President, Intercollegiate Society of Individualists, Inc.

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In Future Issues . . .

NEW INDIVIDUALIST REVIEW will feature articles by young libertarian and conservative writers as well as by such scholars as WILHELM ROEPKE, RICHARD WEAVER, and MURRAY N. ROTHBARD.

To keep up with today’s ferment of individualist ideas—subscribe to NEW INDIVIDUALIST REVIEW today.

* * * *

NEW INDIVIDUALIST REVIEW has come a long way since we made the above promise to readers of our first issue, over a year ago. Our circulation has grown steadily with each succeeding issue. Students at campuses across the country have volunteered their time to make NIR available to their colleagues. We have readers in nearly every state and more than a dozen foreign countries. Our original staff of five editors has more than doubled; most of the new members are undergraduates who will ensure that NIR continues after the founders have left school. We are well on the road to permanence.

Perhaps as important, NIR has brought libertarian and conservative ideas to a wider readership than its circulation. Articles have been reprinted in the “Wall Street Journal,” the “Freeman,” “Under Thirty,” and other newspapers and magazines. We have been praised by other publications and individuals—the “Chicago Tribune,” the “Portland Oregonian,” “America,” “National Review,” the “New Republic,” William F. Buckley, Jr., Russell Kirk, and Leonard Read, among them.

Articles have been translated into Spanish and published in Mexico and Venezuela. Professors at several colleges have requested permission to use articles for reading assignments in their courses.

In our first issue, we also said: “The NEW INDIVIDUALIST REVIEW has been founded in a commitment to human liberty. We believe in free, private enterprise, and in the imposition of the strictest limits to the power of government.” If you share that belief, we invite you to subscribe to NIR, in order “to keep up with today’s ferment of individualist ideas,” and to help those ideas reach still more people. If you do not share it, we think you will find NIR stimulating and challenging, and perhaps persuasive.

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SELECTED LETTERS OF ALBERT JAY NOCK

Collected and Edited by Francis Jay Nock

With recollections of Albert Jay Nock by Ruth Robinson.

An annotated selection of letters written by Albert Jay Nock to some of the numerous friends and acquaintances of his last forty years. They display the true personality of this great writer, editor, thinker, and student of the world about him. Furthermore, his intellectual development through these years, the years of his creative activity, is here brought out in his own words. There are also recollections of him, written by one of his friends, Ruth Robinson, to whom many of the letters are addressed.
201 pages, cloth bound$4.00

“. . . the story of the remaking of a remarkable man. It is one of the truly liberating books of the year . . .”—John Chamberlain in the WALL STREET JOURNAL, New York City.

“. . . a rare treat indeed . . . letters sparkle with an uncommon wit and are a delight to read . . .”—NEWS, Chicago, Illinois.

PLEASE SEND FOR FREE CATALOGS

TRADE LIST NO. 105 and LIBERTARIAN CATALOG NO. 106

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Capitalism and Freedom

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By Milton Friedman. A leading economist expounds his view of the role of competitive capitalism: a necessary condition for the achievement of both economic and political freedom. “He is unfailingly enlightening, independent, courageous, penetrating, and above all stimulating. His thinking has an effervescent quality that will probably cause the thoughtful reader to re-examine his own position on a score of issues. Friedman is an uncompromising champion of the free market, and one of the most effective defenders of capitalism in America.”—HENRY HAZLITT, Economic Columnist, Newsweek.$3.95
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THE REGULATORY BUREAUS:

ICC: SOME REMINISCENCES ON THE FUTURE OF AMERICAN TRANSPORTATION

CHRISTOPHER D. STONE

CAB: FREEDOM FROM COMPETITION

SAM PELTZMAN

FCC: FREE SPEECH, “PUBLIC NEEDS,” AND MR. MINOW

ROBERT M. HURT

. . .

CZECHO-SLOVAKIA AND THE USSR

OTTO VON HABSBURG

Vol. 2, No. 435 centsSpring 1963
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EDITORIAL STAFF

Editors-in-Chief • Ronald Hamowy • Ralph Raico

Associate Editors • Robert M. Hurt • John P. McCarthy

Robert Schuettinger • John Weicher

Business Manager • Sam Peltzman

Editorial Assistants • Jameson Campaigne, Jr. • Joe Cobb

Burton Gray • Thomas Heagy • Jerome Heater

R. P. Johnson • Robert Michaels • James Powell

James Rosenholtz

EDITORIAL ADVISORS

Milton Friedman • George J. Stigler • Richard Weaver

University of Chicago

F. A. Hayek•Benjamin Rogge
University of FreiburgWabash College

COLLEGE AND UNIVERSITY REPRESENTATIVES

UNIVERSITY OF ALABAMA
Dianne Hastings

UNIVERSITY OF ARIZONA
Stephen Sala

BALL STATE COLLEGE
Geoffrey Scott

BELOIT COLLEGE
Alfred Regnery

BROOKLYN COLLEGE
Howard Seigel

BRYN MAWR COLLEGE
Sheila Bunker

CARLETON COLLEGE
W. W. Hand

CLAREMONT MEN’S COLLEGE
Robert Williams

COLUMBIA UNIVERSITY
John P. McCarthy

UNIVERSITY OF DELAWARE
John M. Tobin

DE PAUW UNIVERSITY
David Prosser

UNIVERSITY OF DETROIT
George McDonnell

DUKE UNIVERSITY
Robert B. Flasher

EARLHAM COLLEGE
William Dennis

GROVE CITY COLLEGE
A. Bruce Gillander

HARVARD UNIVERSITY
David Friedman

UNIVERSITY OF IDAHO
Robert D. Brown

UNIVERSITY OF ILLINOIS
Bill Jacklin

INDIANA UNIVERSITY
Karl K. Pingle

UNIVERSITY OF KANSAS
Larry F. Glaser

UNIVERSITY OF KENTUCKY
James G. Otto

KNOX COLLEGE
Kip Pencheff

LOUISIANA STATE UNIVERSITY
William Thomas Tete

LOYOLA UNIVERSITY
(Chicago)
William Ford

MANHATTAN COLLEGE
Stephen J. Kerins

NORTHWESTERN UNIVERSITY
S. Kent Steffke

OCCIDENTAL COLLEGE
Goetz Wolff

OREGON STATE UNIVERSITY
John Charles Neeley

PROVIDENCE COLLEGE
Raymond LaJeunesse

PURDUE UNIVERSITY
Ted Sigward

QUEENS COLLEGE
Robert J. Malito

QUINCY COLLEGE
John Lulves, Jr.

REGIS COLLEGE
Edwin J. Feulner, Jr.

STANFORD UNIVERSITY
Richard Noble

SYRACUSE UNIVERSITY
Irwin H. Rosenthal

TEXAS CHRISTIAN UNIVERSITY
Walter B. Thompson

TUFTS UNIVERSITY
William G. Nowlin, Jr.

VANDERBILT UNIVERSITY
Russ Huebner

UNIVERSITY OF VIRGINIA
Robert Stuart Redfield

WABASH COLLEGE
Ronald Rettig

UNIVERSITY OF WISCONSIN
Theodore Cormaney

YALE UNIVERSITY
Alan B. Magary

* * *

UNIVERSITY OF FRANKFURT
Werner Krebs

UNIVERSITY OF PARIS
Ronald Hamowy

OXFORD UNIVERSITY
Robert Schuettinger

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The Regulatory Bureaus:
ICC: Some Reminiscences on the Future of American Transportation
3CHRISTOPHER D. STONE
CAB: Freedom from Competition
16SAM PELTZMAN
FCC: Free Speech, “Public Needs,” and Mr. Minow
24ROBERT M. HURT
Czecho-Slovakia and the USSR
38OTTO VON HABSBURG
The Case Against Coercion
44ROBERT CUNNINGHAM
Ireland, Victim of Its Own Politicians
48JOHN P. McCARTHY
New Books and Articles
55

Due to unavoidable technical difficulties, we have been forced to omit the Winter, 1962 issue of New Individualist Review. The present Spring, 1963 issue follows the Autumn, 1962 issue as Volume 2, Number 4. Subscriptions will not be affected by this omission; each subscriber will receive four issues for a one-year subscription.

NEW INDIVIDUALIST REVIEW is published quarterly (Spring, Summer, Autumn, Winter) by New Individualist Review, Inc., at Ida Noyes Hall, University of Chicago, Chicago 37, Illinois.

Opinions expressed in signed articles do not necessarily represent the views of the editors. Editorial, advertising, and subscription correspondence and manuscripts should be sent to NEW INDIVIDUALIST REVIEW, Ida Noyes Hall, University of Chicago, Chicago 37, Illinois. All manuscripts become the property of NEW INDIVIDUALIST REVIEW.

Subscription rates: $2.00 per year (students $1.00).

Copyright 1962 by New Individualist Review, Inc., Chicago, Illinois. All rights reserved. Republication of less than 200 words may be made without specific permission of the publisher.

IN MEMORIAM Richard M. Weaver

Few men have been as important in the intellectual renaissance of American conservatism as Richard M. Weaver. His first book, Ideas Have Consequences, has been regarded as one of the starting-points of that renaissance, and its influence has continued to grow in the fifteen years since it was published. He wrote the lead article in the first issue of Modern Age, and he was an associate editor of that magazine. He taught English for twenty years at the University of Chicago, where his teaching ability and his stress on the importance of language, his “respect for words as things,” earned him in turn the respect of his students and his colleagues.

He was also one of our editorial advisors, and we shall miss him very much. He was always willing to help us in any way that he could, and he was ready to advise us when asked, but he believed firmly in editorial freedom, and he never sought to press his views upon us. His patience and good humor were invaluable in sustaining this magazine and reassuring us when difficulties arose.

A few weeks before his death, Professor Weaver spent an evening with our staff and several other students. He talked about the book he was writing and the three or four more that he planned to write, but he was more interested in the future of conservatism, particularly its intellectual future. He looked forward to that future, and he was confident that it would be exciting, and that eventually conservatism would again prevail. If it does so, much of the credit will belong to him.