declinesincriminality

Why the Dramatic Decline in Crime?

– December 29, 2017

For centuries, for millennia, we’ve relied on government to stop invasions of person and property. We live more safely than ever before, thanks to market-based technological improvements, not reliance on government. It was once believed that only government could provide security; this debate dates back centuries. Now we learn otherwise. We get security from the same source that provides us food, clothing, and shelter: the matrix of voluntary exchange and free exercise of human creativity.

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socialism

The Many Delusions of Socialism Revisited

– December 28, 2017

Sombart’s leftism became rightism but it was made of the same substance always: a loathing of regular people in their free choices and a longing for history to follow his own imaginings of what should be rather than what is. Such is the core of socialist ideology: a delusion rooted in snobbery and, above all else, intellectual pretense.

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DoC

We Don’t Need the Department of Commerce

– November 16, 2017

Let business fend for itself, competitively serving consumers rather than lobbying for government privileges.

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freestuf

Free Markets Reduce Consumption Inequality

– November 9, 2017

We’ve heard that “there ain’t no such thing as a free lunch.” But in the internet age, free stuff abounds. 

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Beware the Lure of Social Engineering

– August 2, 2017

Human dignity, autonomy, and social cooperation are best left to the tender hands of politicians and bureaucrats. Not!

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What the Market Economy Really Is

– July 27, 2017

What is a market economy? We often talk about it as though it were a thing, perhaps a machine or a vehicle. Business reporters say it heats up or cools down. Sometimes it even gets stuck in a ditch. But it’s not a thing subject to heating or cooling or …

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Another Court Blow to Freedom

– July 17, 2017

The free market — indeed, a free society — is founded on individual rights, including the right to one’s justly acquired property. If the government’s rules regarding the use and disposal of property are “flexible,” a free society is doomed. 

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Privatization Is the Best Infrastructure Program

– June 26, 2017

President Trump has begun to flesh out his promise to rebuild America’s infrastructure. His planned “massive investment … will be matched by significant private, state, and local dollars,” Trump said on June 8. The administration has also pledged to of …

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Mandated Paid Family Leave Harms Its Intended Beneficiaries

– June 26, 2017

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

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Free-Market Principles Would Have Prevented the Use of Force

– April 11, 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 …

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Competition: Just What the Doctor Ordered

– April 3, 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.

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OB-VR857_winter_DV_20121214183049

Leszek Balcerowicz: The Anti-Bernanke

– December 16, 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.

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