| The Continuing Crisis | 2 |
| Editorial | 4 |
| Tyrrell, R. Emmett Jr. | |
| Oh Calcutta: Oi, Professor! (Special Book Review) | 5 |
| Starr, Roger | |
| Homage to Ebenezer Scrooge | 7 |
| Grant, James | |
| A Nation of Deadbeats? | 8 |
| Lenkowsky, Leslie | |
| The Lavender Menace | 12 |
| Maloney, Stephen R. | |
| Highway Despotism: A Libertarian Look at Traffic Cops | 15 |
| Hilton, George W. | |
| The Nation's Pulse | 17 |
| Rusthoven, Peter J. | |
| Is Korea the Next Vietnam? | 18 |
| Weinrod, W. Bruce | |
| Christmas Book Recommendations | 20 |
| The Growth of American Government: A Morphology of the Welfare State | 24 |
| Nash, George H. | |
| T.S. Eliot | 27 |
| McLuhan, Eric | |
| The Poverty of Power: Energy and the Economic Crisis | 28 |
| O'Lessker, Karl | |
| On Watch | 31 |
| Cropsey, Seth | |
| The Bootblack Stand | 32 |
| Plunkitt, George Washington | |
| The Great American Saloon Series | 33 |
| Hedrick, Kenneth H. | |
| Correspondence | 34 |
| Current Wisdom | 38 |
| Jackasses, Assorted |
|