Sic Itur Ad Astra
V-201: Volume Four

Book seven of fifteen for the entire set of SIC ITUR AD ASTRA (This is the Way to the Stars). This fourth volume of eight of what Professor Galambos calls “the most important course of The Free Enterprise Institute” is subtitled, V-201: The Nature and Protection of Primary Property Volume Four and consists of sessions 21 through 27 of course V-201.Professor Galambos introduces:–the concept of an accounting system capable of infinite expansion, gearing the market mechanism towards the long term (species time scale), and how and why wealth not attached to primary property will be forgotten–the shoulder and farther accounts and their importance, beauty and necessity–the concepts of ARD/NRD in the payment of royalties and the basic principles involved, the identification of anonymous and presensitivity accounts, and the removal of natural estate trust companies for incompetent handling and the role of market competition involved in this–the concept of the transfer of the right to set a price from the seller to the buyer, what is the most durable of all achievements, the corporate mechanism and the difference between the entrepreneur and the businessman–the clearinghouse mechanism and how it will replace the state’s most optimistic attempt to protect propertyThis and much, much more fill the pages of volume four of V-201 as the professor opens the eyes of his audience to the endless possibilities and beauty of a world without coercion.At the end of this and each of the eight volumes of V-201, there is an index (Concordex) for the individual volume. Also included in the fifteen-volume set of SIC ITUR AD ASTA is a two-volume “Master Concordex,” being a complete index of the entire work.