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Subject Area: Political Theory

STATEMENT OF OWNERSHIP, MANAGEMENT, AND CIRCULATION (Act of August 12, 1970: Section 3685, Title 39, United States Code) - Leonard P. Liggio, Literature of Liberty, July/September 1978, vol. 1, No. 3 [1978]

Edition used:

Literature of Liberty: A Review of Contemporary Liberal Thought was published first by the Cato Institute (1978-1979) and later by the Institute for Humane Studies (1980-1982) under the editorial direction of Leonard P. Liggio.

Part of: Literature of Liberty: A Review of Contemporary Liberal Thought, 20 vols. 19781-982

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.


STATEMENT OF OWNERSHIP, MANAGEMENT, AND CIRCULATION
(Act of August 12, 1970: Section 3685, Title 39, United States Code)

1. Title of Publication: Literature of Liberty, a Review of Contemporary Liberal Thought.

2. Date of Filing: September 11,1978.3. Frequency of Issue: Quarterly. A. Number of Issues Published Annually: 4. B. Annual Subscription Cost: $16. 4. Location of Known Office of Publication: 1700 Montgomery Street, San Francisco, CA 94111. 5. Location of the Headquarters or General Business Offices of the Publishers: 1700 Montgomery Street, San Francisco, CA 94111. 6. A. Publisher: The Cato Institute, 1700 Montgomery Street, San Francisco, CA 94111. B. Editor: Leonard P. Liggio. C. Managing Editor: John V.Cody. 7. Owner: The Cato Institute, 1700 Montgomery Street, San Francisco, CA 94111. 8. Known Bondholders, Mortgagees, and Other Security Holders Owning or Holding 1 Percent or More of Total Amount of Bonds, Mortgages, or Other Securities: None. 9. The purpose, function, and nonprofit status of this organization and the exempt status for Federal income tax purposes have not changed during the preceding 12 months. 10. Extent and Nature of Circulation: A. Total Number of Copies Printed: Average Number of Copies Each Issue During the Preceding 12 Months: 3,000; Actual Number of Copies of Single Issue Published Nearest to Filing Date: 3,000. B. Paid Circulation: 1. Sales Through Dealers and Carriers, Street Vendors and Counter Sales: Average Number of Copies Each Issue During Preceding 12 Months: 20; Actual Number of Copies of Single Issue Published Nearest to Filing Date: 20. 2. Mail Subscriptions: Average Number of Copies During Preceding 12 Months: 1,027; Actual Number of Copies of Single Issue Published Nearest to Filing Date: 1,139. C. Total Paid Circulation: Average Number of Copies Each Issue During Preceding 12 Months: 1,047; Actual number of copies of Single Issue Published Nearest to Filing Date: 1,159. C. Free Distribution by Mail, Carrier, or Other Means: Average Number of Copies Each Issue During Preceding 12 Months: 133; Actual Number of Copies of Single Issue Published Closest to Filing Date: 120. E. Total Distribution: Average Number of Copies Each Issue During Preceding 12 Months: 1,180. Actual Number of Copies of Single Issue Published Nearest to Filing Date: 1,379. F. Copies Not Distributed: 1. Office use, Left Over, Unaccounted, Spoiled after printing: Average Number of Copies Each Issue During the Preceding 12 Months: 1,820; Actual Number of Copies of Single Issue Published Nearest to Filing Date: 1,721. G. Total: Average Number of Copies Each Issue During the Preceding 12 Months: 3,000; Actual Number of Copies Published Nearest to Filing Date: 3,000.

I certify that the statements made by me above are correct and complete.

Leonard R Liggio, Editor.

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STUDIES IN ECONOMICTHEORY
Introducing a Distinguished New Book Series

CAPITAL, INTEREST AND RENT:
Essays In the Theory of Distribution

by Frank A. Fetter
Edited with an Introduction by
Murray N. Rothbard

This new collection of Fetter's essays systematically treats the fundamental problems raised by the Cambridgeneoclassical debate over distribution theory. Fetter had argued against capital as “produced means of production” and for an accounting concept of capital. Fetter replaced Ricardian differential rent with a “marginal productivity” concept of rent. In addition, he argued that time preference rather than the marginal productivity of capital determines the interest rate. In contrast to Fetter's incisive treatment, neoclassical theory has confused the determination of the rate of discount (interest rate) with the determination of that which is discounted (rents). Although the Cambridge-neoclassical debate on distributton theory has raised many important issues, neither approach has successfully resolved the fundamental problems.

Capital, Interest, and Rent now provides the missing systematic treatment.

408 Pages, Index
$12.00 Cloth, $4.95 Paper
>($5.50 in Canada)

CAPITAL AND ITS STRUCTURE

by Ludwig M. Lachmann

Generally, economists have treated capital as a homogeneous aggregate “stock” or “fund,” whose componentparts are merely units of money value, Ludwig Lachmann provides an impressive exception to this traditional treatment. He provides an exacting and penetrating examination of capital resources as heterogeneous factors, intricately interrelated to form an economy's capital structure, and continually being reshuffled in response to the dynamic productive process. Lachmann approaches his subject by combining the work of Carl Menger, Frank Knight, and Friedrich Hayek. Capital and Its Structure details capital formation and adjustment as a continuous transformation immensely complex in its combinations and heterogeneous flow, and capable of coordinating the ever-changing plans of individual participants.

156 Pages, Index
$15.00 Cloth, $4.95 Paper
($5 50 in Canada)

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The Wisdom of Adam Smith

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The Theory of Moral Sentiments

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