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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Sweden's Great Depression

Booms and BustsGlobal Economy

09/08/2014The Free Market
The Free Market 31, no. 11 (November 2013) During the recent financial crisis, Sweden has emerged as one of very few financially sound economies. The country’s strong position, setting it apart from Western nations, makes it an interesting example of what could—or should—have been done. Indeed,...
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Investors and Austrian Economics

Financial MarketsU.S. History

09/07/2014The Free Market
In recent years, we’ve seen more and more Austrian-tinged economic analysis. There has been tremendous growth in interest in Austrian economics among financial professionals.
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The Economics of Healthcare Reform

Big GovernmentHealthInterventionism

06/01/2010The Free Market
The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should. Consumers who pay out of their own pocket will search for the cheapest solutions to suit their needs, while providers of healthcare will compete,...


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The Sovereign Individual

Political Theory

05/01/2010The Free Market
This Libertas Award acceptance speech was delivered at the XXIII Forum da Liberdade, in Porto Alegre, Brazil, on April 12, 2010. Tyranny ends when we cease to support voluntarily our own serfdom.


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The Icelandic Meltdown

Booms and BustsBusiness Cycles

08/01/2009The Free Market
The Free Market 27, no. 8 (August 2009) Icelandic Prime Minister Geir Haarde’s resignation this year marked the fi rst political casualty of the current financial crisis that resulted in the collapse of all major banks, a run on deposits, a stock market drop of 90 percent, empty grocery shelves,...


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This Book is So Me

BiographiesFree Markets

11/01/2008The Free Market
This was the first book on economics that just jumped out and grabbed me. I had read a few before, but they were boring. Very boring.


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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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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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The Function of the Short Seller

Financial Markets

09/01/2003The Free Market
It happens in every bear market and in every crash. Investors get it wrong. Then regulators get it wrong. They look for scapegoats and find the wrong ones.
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