Introduction / J. J. Spengler -- Economic freedom and public policy / C. L. Allen -- Systems of thought and economic systems / R. Brandis -- The concept and the classification of economic systems / H. M. Oliver, Jr. -- The government and the central bank in a free society / B. U. Ratchford -- The role of the business corporation in the economy and society / L. S. Silk -- The pursuit of full employment / J. M. Kreps and C. H. Kreps, Jr. -- The demonstration effect, savings and Southern economic development / C. T. Taylor -- The financing of capital formation in the United States and Soviet Russia / J. J. O'Leary -- A neoclassical interpretation of the withering of the Soviet State / F. M. Gotthell -- German recovery, a study in economic planning / R. M. Havens -- Agricultural policy in the Central American common market / R. S. Smith -- The transfer of economic ideas in the commonwealth / C. D. Goodwin.