An Economy of Liars
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. Rather tha …
READ MOREThe Swinging Pendulum
On Monday, April 5, the Future of Freedom Foundation and the George Mason University Econ Society hosted a lecture1 by Dr. Richard Ebeling, professor of economics at Northwood University and former president of the Foundation for Economic Education. Dr …
READ MORE“Break Up the Banks”
“Big banks are bad for free markets. Far from being engines of free enterprise, they are conducive to what might be called ‘crony capitalism,’ ‘corporatism,’ or, in Jonah Goldberg’s provocative phrase, ‘liberal fascism.’ There is a free-market case for …
READ MORE“Monetary Policy and the Free-Market Economy”
“Let me say first that I believe in the benefits conferred by the free market as strongly as anybody in this country: nobody, anywhere, has yet devised a way of organising economic activity which comes close to the free market as a way of efficiently p …
READ MOREThe Transmission Mechanism of Monetary Policy
“Economists do not agree about how monetary policy affects the economy. Different observers weigh in different ways the various specific channels through which monetary policy works. Views diverge even about the monetary transmission process in individ …
READ MOREMarket-Based Environmentalism vs. the Free Market
Research Reports – 1998, Issue: 02 Also: Business-Cycle Conditions
READ MOREWith Free Market Friends Like This…
Research Reports – 1981, Issue: 21 Also: Motor Vehicle Production and Sales
READ MOREUnder A True Gold Standard: The Free Market Does Not Fix The Price Of Gold
Research Reports – 1981, Issue: 29 Also: The Employment Situation
READ MOREEquality, the Third World, and Economic Delusion
Research Reports – 1981, Issue: 46 Also: Retail Sales
READ MOREOld Socialists Never Die (And They Just Won’t Fade Away)
Research Reports – 1997, Issue: 11 Also: Whither Exchange Rates?
READ MOREBusiness-Government Collusion
Economic Education Bulletin Vol. XXXV, no. 2 | February, 1995 by Eric-Charles Banfield
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