Free Markets

Thursday, May 23rd, 2019

Whether you keep your stuff or not is up to you. But it is not up to you what price your stuff will elicit on the open marketplace.

Wednesday, May 15th, 2019

When any particular outcome emerges from the market process that is not suitable for market participants, the market will adjust and, sooner or later, produce another, better outcome. By contrast, government failures are rarely improved with adjustments.

Thursday, April 25th, 2019

There is no limit to the examples of the distinction between what must be economized and what need not be. We need to develop the capacity to know the difference. 

Wednesday, April 24th, 2019

Michael Munger found it useful to summarize the argument for capitalism briefly, and in some ways superficially.

Tuesday, April 16th, 2019

Various political and ideological trends have often seemed inevitable and irreversible — until they have changed! And it can happen again — if only friends of freedom at least try.

Wednesday, April 10th, 2019

The theoretical perfection of markets is not a valid argument against government intervention, nor is it a valid reason for governments to intervene in service of that ideal.

Monday, April 8th, 2019

This is not the free market at work. It is government intervention that steals the language of market competition to invalidate property rights and contracts.

Monday, April 1st, 2019

In terms of information access and the opportunity to learn and share knowledge, we’ve never been more rich and equal.

Wednesday, March 27th, 2019

The very existence of wealth creation should fill us with awe, respect, and endless curiosity, as well as inspire within us a desire to celebrate and protect the institutions that make markets thrive.

Tuesday, March 19th, 2019

When we gloss over the complexity of the real world, we end up losing far more understanding than we often realize, and end up with strangely skewed perspectives on what happened and what to do about it.

Sunday, March 17th, 2019

At some point, the last dollar invested in honest profits is going to return less than the first dollar to be spent on cronyism. After that, the firm becomes dependent on the state.

Thursday, March 14th, 2019

A clear-eyed comparison of the alternatives actually available to us reveal why all the world’s developed nations use some version of capitalism. The only people who advocate socialism are those who don’t know how it actually works.

Tuesday, March 12th, 2019

Let us celebrate honesty in politics above all else, even when it preaches something brazenly wrong, such as is the case with the far left and the far right today. Sincerity and forthright telling of truth in the long run skew in the direction of freedom. It’s the Gnostics among us that confuse and confound and create social systems that do the same.

Sunday, March 10th, 2019

For centuries, the whole point of commercial capitalism has been missed. It is not about material greed much less exploitation and exclusion. Its fundamental theme is love of this special sort. That is its driving energy and ethos. This love permeates every aspect of its operations. It requires love. It rewards love. It elicits love. It lives on love.

Monday, February 25th, 2019

It drives me crazy to see people so fully enjoying the benefits from private property, trade, technology, and capitalistic endeavor even as they blithely propose to truncate dramatically the very rights that bring them such material joy, without a thought as to how their ideology might dramatically affect the future of mass availability of wealth that these ideologues so casually take for granted.

Friday, February 1st, 2019

Our lives are on the brink of an enormous change, and something that has been a part of human life (and the foundation of society) for several thousand years is about to be changed utterly and drastically reduced.

Wednesday, January 30th, 2019

If there’s one article or book you wish those on “the other side” could read with an open mind, what would it be?

Tuesday, January 22nd, 2019

Imagine that a new university has been built, and you are on the committee charged with laying out the sidewalks. What would you do?

Monday, January 7th, 2019
Uber is not just helping common people by expanding their earning possibilities, it’s also giving folks with disabilities a shot at being more productive and independent, especially now that it's back at testing its self-driving car technology.
Friday, January 4th, 2019

Liberty in its personal, social, and economic aspects cannot be compromised without threatened and actual loss of its essential qualities and a losing of the moorings that protect humanity from the paternalistic and overbearing and tyrannizing state.