– June 1, 2003

Economic Bulletin

Vol. XLIII, no. 6 | June 2003

This piece was written by Col. E. C. Harwood, the founder of AIER, in 1956, and included in the later publication “Usefule Economics” (1970).

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AIER Staff

Founded in 1933, The American Institute for Economic Research (AIER) educates people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER’s ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity, and human progress.

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