The discussion in Chapter 1 provides a useful general introduction to the subject of freedom. We continue in this … chapter to analyze the details of applications of the Jensen-Meckling definition of freedom. We begin by addressing the … violations of freedom? …

than the word freedom. Everyone favors freedom. We prize it not only for ourselves, but also as a characteristic of our … society. Most of us, however, have given little thought to what we mean by freedom. We use it to describe virtually everything … we believe is good or right. Freedom is a hurrah word. Advocates of all persuasions characterize their programs as …

Capitalism is far and away the most effective system ever invented for peacefully organizing cooperation among large … several generations. Because capitalism is widely misunderstood, it is paradoxically almost always under attack by those who … assign most decision rights to the state or the governing party. This chapter identifies the essence of capitalism, and …

Bill would sign on to much of what is contained in the first two parts of this book on freedom and capitalism. But he was …This book covers three separate and related topics: the definition and analysis of freedom, the logical foundations of … capitalism and a dualistic model of human behavior that incorporates both rational and non-rational action. I provide a new and …