
Within two years it had reached 42,000 subscribers, and FEE's donor base had more than doubled. With a new format and a new focus, the magazine became more successful.

It became the foundation's primary outreach tool. Unable to stop the magazine from losing money, Read turned it over to the non-profit FEE. Although the content was different, the magazine continued to lose money, costing $90,000 in 18 months. He also promoted a non-interventionist foreign policy, which stirred debate with more traditional conservatives. Chodorov focused the magazine more on economic issues, taking more explicit libertarian stances than the previous editors. He brought in Chodorov, former editor of the unrelated Georgist Freeman, as the new editor, starting with the July 1954 issue. He created a new for-profit company, Irvington Press, with FEE as its owner, and Irvington purchased The Freeman.

Rather than let it fold, Read decided to purchase the magazine. Transfer to FEE īy June 1954 the magazine had lost $400,000 and was on the verge of closure. Hazlitt quit the magazine in October 1952, but by February 1953 both Chamberlain and La Follette had left, and Hazlitt returned as sole editor. These positions led to conflicts with Hazlitt and members of the board. Taft, a candidate in the Republican presidential primary that year. Chamberlain and La Follette had staked out positions in favor of Senator Joseph McCarthy, a strident crusader against communism, and Senator Robert A. However, internal disagreements over politics destabilized the operation. It was expected to be a for-profit operation, and by 1952 it had reached 22,000 subscribers and was almost able to sustain itself. The magazine launched in October 1950 with 6,000 subscribers, mostly brought over from Plain Talk, which had ceased publication that May. Also on the board was Read, who in 1946 had founded the Foundation for Economic Education. The board of the new publication included advertising executive Lawrence Fertig, legal scholar Roscoe Pound, and economists Ludwig von Mises and Leo Wolman. Levine dropped out before publication began, so Chamberlain and Hazlitt brought in La Follette, who had worked on Nock's Freeman and also at Plain Talk. Howard Pew, and former United States President Herbert Hoover. They pulled together $200,000 in funding with help from textile importer Alfred Kohlberg (one of the funders of Plain Talk), DuPont executive Jasper Crane, Sun Oil president J. All three were dissatisfied with the negative approach of opposing communism and wanted a project that would spread a more positive message. Chamberlain and Hazlitt wrote for the anti-communist magazine Plain Talk, where Levine was editor. The new magazine to be called The Freeman was founded in 1950 through the efforts of John Chamberlain, Henry Hazlitt, and Isaac Don Levine. Pamphleteers used "The Freeman" as the overall name of their book series. In 1939, Leonard Read, then a manager for the Los Angeles Chamber of Commerce, created a small publishing house called Pamphleteers, Inc., for the purpose of publishing pro-liberty works, starting with Give Me Liberty by Rose Wilder Lane. In 1942, Chodorov was dismissed by the Henry George School over political differences, primarily that Chodorov remained openly critical of the political act of war, and in 1943 the magazine was renamed the Henry George News. It was explicitly not a revival of Nock's magazine, but Nock was an occasional contributor. In 1937, Frank Chodorov began another magazine called The Freeman, this time a monthly magazine promoting the philosophy of Henry George and published by the Henry George School of Social Science.

La Follette revived the periodical as The New Freeman in March 1930, but the revival was discontinued a year later. Beard, William Henry Chamberlin, John Dos Passos, Thomas Mann, Lewis Mumford, Bertrand Russell, Carl Sandburg, Lincoln Steffens, Louis Untermeyer, and Thorstein Veblen.

Other contributors included Conrad Aiken, Charles A. Nock got fellow Nation writer Suzanne La Follette to join his new venture as an assistant editor, with Walter Fuller (the husband of Crystal Eastman) as managing editor. The Neilsons had previously provided funding to The Nation when Nock was a writer there. Nock's magazine was funded by co-editor Francis Neilson, a British author and former member of Parliament, and his wife Helen Swift Neilson, who was heir to a meatpacking fortune. A number of earlier publications had used the Freeman name, some of which were intellectual predecessors to the magazine founded in 1950.įrom 1920 to 1924, Albert Jay Nock, a libertarian author and social critic, edited a weekly magazine called The Freeman.
