F.A. Harper was a leader in the libertarian movement from the 1950s and onward. Here is his early manifesto (1949), in which he reveals a sophisticated understanding of free markets and freedom but had not yet, as he later did, come around completely to the Rothbardian view on the possibilities of society without the state. Nonetheless, this is an important and beautiful book that shows Harper for the intellectual powerhouse that he truly was.

LARGE PRINT EDITION! More at LargePrintLiberty.com F.A. Harper was a leader in the libertarian movement from the 1950s and onward. Here is his early manifesto (1949), in which he reveals a sophisticated understanding of free markets and freedom but had not yet, as he later did, come around completely to the Rothbardian view on the possibilities of society without the state. Nonetheless, this is an important and beautiful book that shows Harper for the intellectual powerhouse that he truly was.

Deflation is not inherently bad. It creates winners and losers. It also puts a temporary break on the concentration of power in the hands of government and in particular the executive branch. In short, inflation is potentially a great liberating force.