Topic: Free Markets

Studying Economics Instills Gratitude

– June 28, 2022

“Grateful hearts want to see the sort of prosperity they have enjoyed extended to others near and far. Fortunately, economics also offers the prosperity recipe—if only we have ears to listen.” ~ Caleb S. Fuller

READ MORE

Setting the Record Straight on “Setting the Record Straight on the Libertarian South African Economist W.H. Hutt and James M. Buchanan”

– June 27, 2022

“MacLean et al. have in fact set nothing straight, and their argument, far from being ‘irrefutable,’ wrecks itself upon the rocks of at least one major citation error, selective use of documents, and willful misreadings of Hutt’s words devoid of their original context.” ~ Phillip W. Magness & Art Carden

READ MORE

Tribalism’s Big Lie

– June 26, 2022

“Over the past 200 years, explosive economic growth and advances in material well-being came as we transcended tribal thinking. Embrace the reality of a common humanity shared with all. We descend into primitive tribal thinking at our peril.” ~ Barry Brownstein

READ MORE

Adam Smith’s Synergistic Moral Authorizations

– June 24, 2022

“Smith teaches how we do our part in serving the good of the whole; how in focusing diligently on the good of our part we serve that of the whole; and how freedom fortifies the remarkable correspondence between those two goods.” ~ Erik Matson

READ MORE

With Friends Like These, Who Needs Enemies?

– June 22, 2022

“Unfortunately, the patriotic protectionism story confuses American consumers’ friends and enemies. Our supposed enemies, foreign producers, are actually our friends, and our supposed friends, domestic producers and the US government, are actually our enemies.” ~ Gary M. Galles

READ MORE

Looking Back on the Publication and Reception of Democracy in Chains

– June 20, 2022

“I suspect that MacLean really believes that her fables capture and convey important truths. But whether in this assessment I am correct or incorrect, one conclusion is airtight: As a scholar, Nancy MacLean is an utter disgrace.” ~ Donald J. Boudreaux

READ MORE

Student-Loan Forgiveness Will Cover Non-Education Purchases, Say, Newer Cars

– June 17, 2022

“The fungibility of student loans means that taxpayers will be saddled with paying for parents’ and students’ non-college purchases. Many professors will, understandably, root for student-loan forgiveness.” ~ Richard McKenzie

READ MORE

This Old House Testifies to the Marvels of the Market Economy

– June 14, 2022

“It’s impossible to convey in words the amount of specialized knowledge, as well as the amazingness of modern building materials and tools, that are routinely, and entertainingly displayed in each and every episode of This Old House.” ~ Donald J. Boudreaux

READ MORE

Leave Me Alone and I’ll Make You Rich, Part 1

– June 11, 2022

“McCloskey and Carden are unabashed optimists. They know that free people will innovate, cooperate, and peacefully solve problems. But they also recognize the power of pessimism to undermine freedom.” ~ George Leef

READ MORE

CEOs like the Late Jack Welch Embody the Endless Possibilities of Capitalism

– June 10, 2022

“Gelles wrote of how Welch’s career was ‘defined by devotion to maximizing short-term profits at any cost.’ Where have we heard that one before? If you’re looking for originality, this is the wrong book.” ~ John Tamny

READ MORE
free to choose

How Milton Friedman Fought Segregation through the American Economic Association

– June 7, 2022

“Friedman opposed racial segregation on moral and economic grounds, and his actions aligned with his rhetoric. When the time came to move on these beliefs in 1957, he chose to send an economic message to the offending business by diverting its customers elsewhere.” ~ Phillip W. Magness

READ MORE

The Rise of Libertarianism in Latin America

– June 6, 2022

“Latin America has a long and tortured history with socialist policies both old and new, but it also seeks to practice the ideas of a free society by experimenting in all forms of life.” ~ Michael N. Peterson

READ MORE