Free Markets

Tuesday, June 27th, 2017

Business decisions should be made in the marketplace, not in the halls of government.

Tuesday, April 11th, 2017

As airlines often do, last week, United Airlines overbooked a flight. But this time, all was not well. Overbooked flights are nothing new. According to the Federal Transit Authority, U.S. airlines convinced over 400,000 passengers to give up their seat on an overbooked flight in 2016.

Monday, April 3rd, 2017

By now we should have figured out the cure for what ails the American health care system: a regimen of unadulterated competition. It’s just what the doctor (of sound economics, that is) would order.

Sunday, December 16th, 2012

As an economic crisis manager, Leszek Balcerowicz has few peers. When communism fell in Europe, he pioneered "shock therapy" to slay hyperinflation and build a free market.

Tuesday, October 23rd, 2012

Allison is nothing if not an expert on banking and finance, and having witnessed up close the 2008 financial crack-up that rendered so much of his competition insolvent, he’s written an essential book on the causes of a financial crisis that he unapologetically concludes was born by government error.

Thursday, September 27th, 2012
Archived from the live Mises.tv broadcast, this lecture by David Stockman was presented at the Mises Circle in Manhattan: "Central Banking, Deposit Insurance, and Economic Decline." Includes a welcome and introduction by Llewellyn H. Rockwell, Jr. Music by Kevin MacLeod.
Wednesday, June 27th, 2012

It is bad enough that opponents of the free market wrongly blame capitalism for environmental pollution, depressions, and wars. Whatever the failings of their causal theories, at least they are focused on undoubtedly bad things. We have really gone beyond the pale, though, when the market is blamed for something good.

Monday, June 25th, 2012
When a little over two years ago, at the second Lausanne Conference of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money, unless we took from government the monopoly of issuing money and handed it over to private industry, I took it only half seriously.
Tuesday, June 12th, 2012

It is not enough to encourage enterprise and limit regulation—we need a fixed system of value.

Friday, January 20th, 2012

If the State is so resourceful, why does it need to borrow and tax so much?

Friday, September 10th, 2010
Earlier this summer George Soros and some leading Keynesian economists criticized what they regarded as Germany's overly strict fiscal discipline. Yet Germany's real output expanded at a robust 9% annual rate in the second quarter, while the U.S. economy grew at an anemic 1.6% rate.
Wednesday, July 14th, 2010
"When a little over two years ago, at the second Lausanne Conference of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money, unless we took from government the monopoly of issuing money and handed it over to private industry, I took it o
Wednesday, June 30th, 2010
"I, Pencil, simple though I appear to be, merit your wonder and awe, a claim I shall attempt to prove.
Thursday, April 22nd, 2010
"In a confrontational and much-needed LewRockwell.com article, Prof. William Anderson launched a counter-attack against mainstream academic economists' refusal to consider seriously the Austrian School's theory of money.
Wednesday, April 21st, 2010
"Money is the most important commodity in an economic system Indeed, money 'makes the world go 'round.' This is because money is the general medium of exchange. We sell our products and services for money, and then use it to buy the products and services of others.
Tuesday, April 20th, 2010
Free markets depend on truth telling. Prices must reflect the valuations of consumers; interest rates must be reliable guides to entrepreneurs allocating capital across time; and a firm's accounts must reflect the true value of the business.

Pages