Thomas E. Woods, Jr. (http://www.ThomasEWoods.com) is a senior fellow at the Ludwig von Mises Institute. He is the author of many books, including New York Times bestseller The Politically Incorrect Guide to American History, the Templeton Enterprise Award-winning The Church and the Market: A Catholic Defense of the Free Economy, and the newly published Beyond Distributism (Acton Institute, 2008), from which this article is excerpted.