The Online Library of Liberty A Project Of Liberty Fund, Inc. Ralph Raico, New Individualist Review [1961] The Online Library Of Liberty This E-Book (PDF format) is published by Liberty Fund, Inc., a private, non-profit, educational foundation established in 1960 to encourage study of the ideal of a society of free and responsible individuals. 2010 was the 50th anniversary year of the founding of Liberty Fund. It is part of the Online Library of Liberty web site http://oll.libertyfund.org, which was established in 2004 in order to further the educational goals of Liberty Fund, Inc. To find out more about the author or title, to use the site's powerful search engine, to see other titles in other formats (HTML, facsimile PDF), or to make use of the hundreds of essays, educational aids, and study guides, please visit the OLL web site. This title is also part of the Portable Library of Liberty DVD which contains over 1,000 books and quotes about liberty and power, and is available free of charge upon request. The cuneiform inscription that appears in the logo and serves as a design element in all Liberty Fund books and web sites is the earliest-known written appearance of the word “freedom” (amagi), or “liberty.” It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash, in present day Iraq. To find out more about Liberty Fund, Inc., or the Online Library of Liberty Project, please contact the Director at [email protected]. LIBERTY FUND, INC. 8335 Allison Pointe Trail, Suite 300 Indianapolis, Indiana 46250-1684 Online Library of Liberty: New Individualist Review Edition Used: New Individualist Review, editor-in-chief Ralph Raico, introduction by Milton Friedman (Indianapolis: Liberty Fund, 1981). Editor: Ralph Raico Introduction: Milton Friedman Author: Milton Friedman Author: Ronald Hamowy Author: Friedrich August von Hayek Author: Ralph Raico Author: Murray N. Rothbard About This Title: Initially sponsored by the University of Chicago Chapter of the Intercollegiate Society of Individualists, the New Individualist Review was more than the usual “campus magazine.” It declared itself “founded in a commitment to human liberty.” Between 1961 and 1968, seventeen issues were published which attracted a national audience of readers. Its contributors spanned the libertarian-conservative spectrum, from F. A. Hayek and Ludwig von Mises to Richard M. Weaver and William F. Buckley, Jr. The associate editors were John P. McCarthy, Robert Schuettinger, and John Weicher. The book review editor was Ronald Hamowy. Other authors included Milton Friedman, Murray N. Rothbard, F.A. Hayek, Russell Kirk, Eugene Miller, Wilhelm Roepke, PLL v6.0 (generated September, 2011) 2 http://oll.libertyfund.org/title/2136 Online Library of Liberty: New Individualist Review Harry Elmer Barnes, Sam Peltzman, George Stigler, Benjamin Rogge, Ludwig von Mises, Bruno Leoni, Israel Kirzner, Richard Weaver, Yale Brozen, Gordon Tullock, Warren Nutter, W.H. Hutt, E.G. West, Henry Hazlitt, Arthur A. Ekirch, Ljubo Sirc, and Armen Alcjian. PLL v6.0 (generated September, 2011) 3 http://oll.libertyfund.org/title/2136 Online Library of Liberty: New Individualist Review 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. Copyright Information: The copyright to this publication is held by Liberty Fund, Inc. The New Individualist Review is prohibited for use in any publication, journal, or periodical without written consent of J. M. Cobb, J. M. S. Powell, or David Levy. Fair Use Statement: This material is put online to further the educational goals of Liberty Fund, Inc. Unless otherwise stated in the Copyright Information section above, this material may be used freely for educational and academic purposes. It may not be used in any way for profit. PLL v6.0 (generated September, 2011) 4 http://oll.libertyfund.org/title/2136 Online Library of Liberty: New Individualist Review Table Of Contents Publisher’s Note Introduction Volume 1, Number 1, April 1961 An Editorial … Milton Friedman, Capitalism and Freedom John P. Mccarthy, Politics and the Moral Order John Weicher, Individualism and Politics: the Next Four Years: an Appraisal Ralph Raico, Great Individualists of the Past: Wilhelm Von Humboldt Robert Schuettinger, Modern Education Vs. Democracy Ronald Hamowy: Hayek’s Concept of Freedom: a Critique New Books and Articles Volume 1, Number 2, Summer 1961 Murray N. Rothbard, the Fallacy of the “ Public Sector ” John Weicher, Individualism and Politics: the Question of Federal Aid to Education Robert Schuettinger, Great Individualists of the Past: Tocqueville and the Bland Leviathan Tocqueville On Socialism Edward C. Facey, Conservatives Or Individualists: Which Are We? John Weicher, Mr. Facey’s Article: a Comment F. A. Hayek, Communication: Freedom and Coercion: Some Comments and Mr. Hamowy’s Criticism John Weicher, Book Review: the Moulding of Communists, By Frank S. Meyer New Books and Articles Volume 1, Number 3, November 1961 Ronald Hamowy and William F. Buckley, Jr., “ National Review ”: Criticism and Reply Russell Kirk, Ritualistic Liberalism Bruce Goldberg: Ayn Rand’s “ For the New Intellectual ” Leonard Liggio, Herbert Butterfield: Christian Historian As Creative Critic Roger Claus, an Approach For Conservatives John P. Mccarthy, John Courtney Murray and the American Proposition New Books and Articles Volume 1, Number 4, Winter 1962 Robert M. Hurt, Antitrust and Competition * Ralph Raico, Reflections In Berlin Eugene Miller, David Hume: Whig Or Tory? Martin Glasser, the Judicial Philosophy of Felix Frankfurter Wilhelm Roepke, Communication: the Intellectual Collapse of European Socialism Murray N. Rothbard, On Freedom and the Law J. Edwin Malone, Fertig’s “ Prosperity Through Freedom ” New Books and Articles Volume 2, Number 1, Spring 1962 PLL v6.0 (generated September, 2011) 5 http://oll.libertyfund.org/title/2136 Online Library of Liberty: New Individualist Review Harry Elmer Barnes, A. J. P. Taylor and the Causes of World War Ii James M. O’connell, the New Conservativism G. C. Wiegand, Individual Freedom and Economic Security Robert M. Hurt, Sin and the Criminal Law John P. Mccarthy, the Shortcomings of Right-wing Foreign Policy Robert M. Schuchman, J. B. Conant’s “ Slums and Suburbs ” Robert Schuettinger, F. J. Johnson’s “ No Substitute For Victory ” New Books and Articles Volume 2, Number 2, Summer 1962 Milton Friedman, Is a Free Society Stable? Howard Buffett, an Opportunity For the Republican Party Murray N. Rothbard, H. L. Mencken: the Joyous Libertarian Richard W. Duesenberg, Individualism and Corporations John Weicher, Conservatives, Cities, and Mrs. Jacobs Sam Peltzman, Housing In Latin America, Public and Private New Books and Articles Volume 2, Number 3, Autumn 1962 George J. Stigler, the Intellectual and the Market Place Robert M. Hurt, Observations On the Soviet “ Lost Generation ” John Van Sickle, Economic Growth Vs. “ Growth ” Economics Robert Schuchman, Civil Liberties In the Welfare State Benjamin A. Rogge, New Conservatives and Old Liberals When America Spoke With One Voice Ludwig Von Mises, a New Treatise On Economics (rothbard) John Weicher, a “ Fusionist ” Approach to Freedom 1 New Books and Articles Volume 2, Number 4, Spring 1963 The Regulatory Bureaus: Christopher D. Stone, ICC: Some Reminiscences On the Future of American Transportation Sam Peltzman, Cab: Freedom From Competition Robert M. Hurt, Fcc: Free Speech, “ Public Needs, ” and Mr. Minow Otto Von Habsburg, Czecho-slovakia and the Ussr Robert Cunningham, the Case Against Coercion John P. Mccarthy , Ireland, Victim of Its Own Politicians New Books and Articles Volume 3, Number 1, Summer 1963 Robert L. Cunningham, Education: Free and Public? Bruno Leoni, “ Consumer Sovereignty ” and the Law Israel M. Kirzner, On the Premises of Growth Economics Murray N. Rothbard, the Negro Revolution Robert Schuettinger, Foreign Aid In Latin America Sam Peltzman, “ Economics of the Free Society ” New Books and Articles Volume 3, Number 2, Winter 1964 F. A. Hayek, Kinds of Order In Society B. R. Shenoy, the Results of Planning In India Michael F. Zaremski, Red China’s Great Leap Backward PLL v6.0 (generated September, 2011) 6 http://oll.libertyfund.org/title/2136 Online Library of Liberty: New Individualist Review Bruce Goldberg, Skinner’s Behaviorist Utopia Ralph Raico , Great Individualists of the Past: Benjamin Constant New Books and Articles Newe Bokes & Articulles Volume 3, Number 3, Autumn 1964 The Conservatism of Richard M. Weaver * James Powell, the Foundations of Weaver’s Traditionalism Weaver On Society, Past and Present: I.: The Southern Tradition 2.: The Humanities In a Century of the Common Man George J. Stigler, Reflections On the Loss of Liberty Ralph Raico, the Fusionists On Liberalism and Tradition William H. Nolte, H. L. Mencken and the American Hydra New Books and Articles Volume 3, Number 4, Spring 1965 Yale Brozen, the Revival of Traditional Liberalism Gordon Tullock, Constitutional Mythology Denis V. Cowen, Prospects For South Africa Benjamin A. Rogge, Communication: Note On the Election William S. Stokes, Economic Liberalism In Post-war Germany Robert M. Schuchman, Property Law and Racial Discrimination New Books and Articles Volume 4, Number 1, Summer 1965 Benjamin A. Rogge, Financing Higher Education In the United States Philip B. Kurland, Trends In the U. S. Supreme Court G. Warren Nutter, How Soviet Planning Works Edwin Harwood, Collectivism In Social Theory Robert L. Cunningham, Justice, “ Needs, ” and Charity Communication: the 1964 Election William A. Rusher, Rusher On Goldwater: Benjamin A. Rogge, Reply to Mr. Rusher: Stephen J. Tonsor, the View From London Bridge New Books and Articles Volume 4, Number 2, Winter 1966 Murray N. Rothbard, Herbert Clark Hoover: a Reconsideration W. H. Hutt, Twelve Thoughts On Inflation M. Stanton Evans, Raico On Liberalism and Religion Ralph Raico, Reply to Mr. Evans Francis Lieber, Anglican and Gallican Liberty E. G. West, the Uneasy Case For State Education Thomas Molnar, Communication: South Africa Reconsidered Stanley G.