Leonard E. Read THE FOUNDATION FOR ECONOMIC EDUCATION, INC. IRVINGTON-ON-HUDSON, NEW YORK 10533 "Socialism-no private property, no free exchange, no profit and loss system-gains because there is so little persuasive opposition to it. Millions who temperamentally lean away from socialism as a theory fail to stand consistently against it in prac tice. Ther are for free enterprise, but! Not under standing, or Jiving by, or being able to explain the principles of the market,...