Of all modern phenomena, which, according to Proudhon's assumption that complete economic freedom must absorb all political authority, should introduce Anarchy by means of economic institutions, the most important is undoubtedly the so-called "Free Land" movement, whose "father" is Theodor Hertzka. Born on the 13th July, 1845, at Buda Pesth, Hertzka studied law, but afterwards turned to journalism, in which he gained the reputation of the most brilliant journalist in Vienna. In the seventies he was editor of the _Neue Freie Presse_, and in 1880 he founded the Vienna _Allgemeine Zeitung_; but since 1889 he has been editor of the _Zeitschrift fuer Staatsund Volkwirthschaft_. His book _Freeland_, a picture of the society of the future (_Freiland, ein Sociales Zukunftsbild_), which appeared in 1889, had an extraordinary success, and produced a movement for the realisation of the demands and ideas therein expressed. The expedition which was sent out to "Freeland," after years of agitation, prepared at great expense and watched with the eager curiosity of all Europe, appears to-day, however--as was hardly to be wondered at--to have failed. "Freeland," as depicted by Hertzka in his social romance, is a community founded upon the principle of unlimited publicity combined with unlimited freedom. Everyone throughout "Freeland" must be able to know at any time what commodities are in greater or less demand, and what branches of work produce greater or less profit. Thus in "Freeland" everybody has the right and the power to apply himself, as far as he is capable, to those forms of production that are at any time most profitable. A careful department of statistics publishes in an easily read and rapid form every movement of production and consumption, and thus the movement of prices in all commodities is quickly brought to everyone's notice. But in order that everyone may undertake that branch of production most suitable and profitable to him, from the information thus obtained, the necessary means of production, including the forces of nature, are freely at the disposal of all, without interest, but a repayment has to be made out of the result of production.