Guest post by Kal Raustiala.
Category: Free Markets
Surrounded by the Achievements of Capitalism
Guest post by Jeffrey Tucker.
The Magic of Free Trade
Guest post by Arthur E. Foulkes. The fifth graders looked up as I placed a gift on each of their desks. Each student randomly received a small item, such as candy, a box of crayons, a magic trick, or a comic book. After giving each child a gift, I told the students they could each…
National Independence
Guest post by Frederic Bastiat. Among the arguments we hear adduced in favor of the restrictive regime we must not forget that which is founded on national independence. “What should we do in case of war,” it is said, “if we are placed at the mercy of England for iron and coal?” English monopolists do…
Can a Free Market in Healthcare Work?
Guest post by John C. Goodman. From time to time, I hear policy wonks claim that the market cannot work in healthcare. Usually, they cite a very old article by Stanford University economist Kenneth Arrow, who claimed that the market for medical care is inherently imperfect. True, but most markets are imperfect. The question is:…
Capitalism In One Lesson
Guest post by Nielsio.
Economic Freedom
Guest post by Matt Mitchell.
Ten Pillars of Economic Wisdom
Guest post by Carl Watner, Kevin Cullinane, and Patricia Cullinane. Originally published in The Voluntaryist, February, 1987. 1. The art of understanding economics (whole systems of human energy transfer) consists in looking not merely at the immediate, but at the longer effects of any act or policy; it consists in tracing out the consequences of…
Freedom: A Truly Unknown Ideal
What is truly new is economic freedom. As Molinari pointed out in the 19th century, this can really only be traced back two hundred years. Governments have always existed in one form or another. Let’s get rid of “the political means” once and for all if you want to achieve something new.
Economic vs. Moral Arguments for Liberty
Skyler J. Collins explains the importance of economics and economic arguments for liberty, versus only moral or ethical arguments. He had to swallow the former before accepting the latter.