The Free Market

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How Wilson and the Fed Extended the Great War

The FedWar and Foreign PolicyMoney and Banking

10/31/2014The Free Market
With European powers broke and economically ailing by 1916, World War One would have ended much sooner had the Federal Reserve and its cronies not stepped in to help England and France keep the bloodshed going. Meanwhile, US economic intervention led to a huge post-war bust in America.
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How Labor Unions Hurt Workers

09/07/2014The Free Market
Labor unions and the general public almost totally ignore the essential role played by falling prices in achieving rising real wages.
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How Carl Menger Put Consumers at the Center of Economic Science

Calculation and KnowledgeHistory of the Austrian School of EconomicsValue and Exchange

09/07/2014The Free Market
The economics profession acknowledges Menger’s place due to his contribution to the Marginalist Revolution in the 1870s, it otherwise ignores him because his theoretical framework does not lend itself to policy prescriptions.
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How Entrepreneurs Make Society Better

The Entrepreneur

09/07/2014The Free Market
The capitalist entrepreneur acts with a specific goal in mind: to attain a monetary profit.
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How Economic Progress Is Made

The Entrepreneur

04/03/2013The Free Market
The Free Market 31, no. 4 (April 2013) T he remarkable prosperity that people in capitalist economies enjoy at the beginning of the twenty-first century ranks at the very top of all achievements of human civilization. This prosperity is all the more remarkable when one realizes that the economic...
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April2013_0.pdf

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Horrible Schools for the Whole World

Education

07/30/2012The Free Market
Education is a lifelong process of learning, and learning takes place not only in school, but in all areas of life.
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July2012_0.pdf

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Hazlitt as National Teacher

EducationMedia and Culture

11/01/2010The Free Market
The Free Market 28, no.11 (July 2010) During the academic year that encompassed the fall term of 1964 and the spring term of 1965, I was a freshman in college. I was also in my first year of intercollegiate debate, after four years of interscholastic debate in high school. I’m sure debate has...
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Nov2010_0.pdf

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How Far Will We Fall?

InterventionismProduction Theory

07/01/2010The Free Market
What ultimately matters for the well-being of society is the degree to which our wants are satisfied, and therefore the actual usefulness of goods.
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july10_0.pdf

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How the State Leads People to Destruction

War and Foreign Policy

01/01/2008The Free Market
The state is the most destructive institution human beings have ever devised—a fire that, at best, can be controlled for only a short time before it o’erleaps its improvised confinements and spreads its flames far and wide.
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jan08_0.pdf

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Heart of a Fighter

BiographiesAustrian Economics Overview

07/01/2005The Free Market
The Free Market 26, no. 7 (July 2005) The 20th century was a time when the world sang the praises of despots and despotism. The more wars government leaders fought, the more they centralized their control, the more they hobbled the economy, the more liberty they stole, the more they cut off trade...
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