The Free Market

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What Causes Moral Hazard?

Big GovernmentInterventionism

09/06/2018The Free Market
It is not co-ownership per se that causes moral hazards. They are caused by the uninvited and unwanted co-ownership that springs from interventionism.


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What Henry Hazlitt Can Teach Us About Inflation in 2014

09/07/2014The Free Market
The Free Market 32, no. 5 (2014) This article is adapted from a portion of the Henry Hazlitt Memorial Lecture, delivered by James Grant at the Mises Institute’s 2014 Austrian Economics Research Conference. Believe me, ladies and gentlemen, when you stand at the pinnacle of financial...
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Without the State, Who Would Invent Tang?

The EntrepreneurMoney and BanksMoney and Banking

03/01/2013The Free Market
During the 2012 presidential campaign, President Obama made his now famous claim that “you didn’t build that” in reference to the infrastructure that businesses use to provide goods and services to customers.


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What is Fascism?

The Police StatePolitical Theory

11/01/2011The Free Market
In the end, this is the choice we face: the total state or total freedom. Which will we choose?


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Why Bastiat Is Still Great

BiographiesHistory of the Austrian School of Economics

04/01/2011The Free Market
If we were to take the greatest economists from all ages and judge them on the basis of their theoretical rigor, their influence on economic education, and their impact in support of the free-market economy, then Frédéric Bastiat would be at the top of the list.


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Why Is Unemployement So High?

Free MarketsInterventionism

03/01/2011The Free Market
The plight of American workers is bleak, far worse than the official statistics indicate.


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What's Wrong With American Sodas?

U.S. EconomyInterventionism

09/01/2007The Free Market
Whenever the public doesn’t get what it wants and consumer demand is subservient to corporate interest, the most likely culprit is government policy. On the free market, consumers drive production, whereas under a system of protectionist corporatism, politicians and bureaucrats guide the market.


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Why I am an Economist


01/01/2007The Free Market
If there is one thing I am passionate about, it is passing on to the next generation the baton that Murray Rothbard a while ago passed on to me and my contemporaries.


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Will Microcredit Save the World?

Money and BanksMoney and Banking

12/01/2006The Free Market
Building wealth, not manufacturing money, is the key to prosperity.


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What Happened to American Cars, and More


05/01/2006The Free Market
What the UAW has done, on the foundation of coercive, interventionist labor legislation, is bring a once-great company to its knees.


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