The Free Market

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Government Property Is Not Really "Public" Property

Big GovernmentFinancial MarketsCalculation and Knowledge

09/25/2019The Free Market
As I learned growing up in Allegheny County, the sign that reads, "Keep out, Property of Allegheny County," does not refer only to those who live outside the county.
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Greenspan's Bogus Defense

The FedMoney and BanksMoney and Banking

04/01/2009The Free Market
Former Federal Reserve Chairman Alan Greenspan tried to exonerate himself from the housing boom and bust. Even though more and more analysts are realizing that Greenspan’s low interest rates fueled the bubble, the ex-maestro himself uses statistics to defend his record.


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Government Plans Never Work

Big GovernmentInterventionism

10/01/2005The Free Market
The Free Market 26, no. 10 (October 2005) I n the first line of his book, Planning for Freedom , Ludwig von Mises, the famed Austrian economist, observed "Planning is socialism." I will admit that my first acquaintance with government planners was a planning class in my Master’s program,...
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Government and the Katrina Crisis

The Environment

10/01/2005The Free Market
The Free Market 26, no. 10 (October 2005) K atrina gave the Gulf region of the United States a lesson in government failure, and how. In the weeks following the hurricane, it became clear that most of the destruction was not the work of Mother Nature but those who are charged with preventing...
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Gold, Now More Than Ever

Gold Standard

09/01/2004The Free Market
Today we demand that the price of computers and bandwidth fall month by month but we oddly expect the prices of many other goods to constantly rise (houses, education, health care, taxes). And so we adjust our expectations accordingly. It takes some imagination to see how the system would work if...
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Government Fuels the Drive to Outsource

InterventionismProduction Theory

06/01/2004The Free Market
Blaming free trade for the present predicament of so many workers is misplaced. But who should be blamed?
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Grit, Grime, and Economic Development

Free Markets

12/01/2003The Free Market
It is not a short step from poverty to prosperity, and the transition itself has long been exploited by opponents of the market economy.
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Government's Fiscal Shell Game

Money and BanksU.S. HistoryMoney and Banking

10/01/2003The Free Market
The tax bills of many American families are falling during a period of exorbitant increases in federal spending due mainly to war and welfare spending. Odd? Not once we discover the record levels of government debt accumulation. It's the shell game of government finance at work.
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George Bush, Protectionist

Big GovernmentInterventionism

10/01/2003The Free Market
How well I recall the debates about the WTO and Nafta, both of which the Mises Institute editorialized against on grounds that they constituted managed trade, not free trade. In the case of Nafta, it was outright regional protectionism. But for dissenting from both sides of the phony DC debate, we...
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Government and Security

War and Foreign Policy

07/01/2003The Free Market
The extent to which we are secure in our homes, property, and the places we shop is due in large part to the commercial marketplace. It is the free market that makes available alarm systems, locks, fences, cameras, security services, and in purchasing these items we are free to make a choice among...
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