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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.

  • Alfred Avins, ed., Open Occupancy vs. Forced Housing Under the Fourteenth Amendment (New York: Bookmailer, 1963). This symposium includes contributions from a large number of legal scholars and judges, evaluating the basis for legislation outlawing discrimination in housing by builders and landlords. It is particularly timely at present.
  • Israel M. Kirzner, Market Theory and the Price System (Princeton, N. J.: Van Nostrand, 1963). A textbook in intermediate price theory designed for undergraduates, by a contributor to New Individualist Review. Although Prof. Kirzner presumes that his readers have already had a course in elementary economics, some students without such training may find it useful, since, in the author’s words, “determined efforts have been made to subordinate geometry to economic reasoning.”
  • Leonard W. Levy, Jefferson and Civil Liberties: The Darker Side (Cambridge, Mass.: Harvard University Press, 1963). A fairly conclusive demonstration that the revered saint of civil liberties was not all that he was cracked up to be outside of the area of religious dissent. One surprise is Jefferson’s stand on the Alien and Sedition Acts. In opposition to Madison’s view that seditious libel should not be an offense, he argued merely that the question should be left to the states.
  • Oskar Morgenstern, On the Accuracy of Economic Observations (Princeton, N.J.: Princeton University Press, 1963, new edition). An influential economist questions the value of most modern statistical economics. His ideas on this subject are presented in a more popular form in an article, “Qui Numerare Incipit Errare Incipit,” Fortune, October, 1963.
  • Karl Popper, The Open Society and Its Enemies (Princeton, N.J.: Princeton University Press, 1963), paper. A reprint of the classic defense of the free society against the totalitarianism of Plato and Hegel. A new collection of Prof. Popper’s essays has also been published recently: Conjectures and Refutations (New York: Basic Books, 1963). While most of the essays concern the philosophy of science and the history of philosophy, there are several interesting discussions of political and social topics, such as “Towards a Rational Theory of Tradition,” and “Utopia and Violence.”
  • Murray N. Rothbard, America’s Great Depression (Princeton, N.J.: Van Nostrand, 1963). Dr. Rothbard, whose name will be familiar to our readers, presents an analysis of the Crash of ’29 and the subsequent depression, based on the Austrian theory of the business cycle. His conclusion is that, far from being an unanswerable instance of the failure of the market economy, the Crash is attributable to a government-sponsored policy of credit-expansion, while the Great Depression itself was aggravated and prolonged by the measures taken by the government to alleviate it.
  • Robert H. Bork, “Civil Rights—A Challenge,” New Republic, August 31, 1963. Prof. Bork presents a clear case against the proposed civil rights bill now before Congress. In a reply, the editors of the New Republic accuse Bork of advocating a principle (neo-liberalism) which “would today require the repeal of the industrial revolution.” See also Bork’s reply in the September 21, 1963, issue, where Bork continues his assault on the dominant social-democratic position on civil rights and the Negro revolution.
  • Richard J. Whalen, “Here Come the Conservatives,” Fortune, December, 1963. Mr. Whalen provides a brief history of the revival of conservatism in America in the post-war period. He is careful to distinguish the many, often conflicting, strains of thought at work in this revival, but concludes that conservatives “have thrust themselves forward as a force that Liberalism can never again ignore.” An excellent introduction to an important contemporary American phenomenon.