The Free Market 23, no. 10 (October 2003)

The Free Market 23, no. 11 (November 2003)

The Free Market 23, no. 11 (November 2003)

Thanks to the untiring efforts of Bill Clinton and George W. Bush, Americans have been faced with the greatest expansion of the government into medical care since the 1960s. When these moves are complete, the free market in American medicine will be practically gone. Interventionism will be in complete possession of the field of battle, and the task of the government will be to mop up the remaining opposition.

The Free Market 23, no. ( 2003)

The Free Market 23, no. 12 (December 2003)

It is not a short step from poverty to prosperity, and the transition itself has long been exploited by opponents of the market economy. Even today, the myth survives that the Industrial Revolution was characterized by worsening living standards, when it in fact marked a new age of mass prosperity, a time when people were liberated from old methods of production to move and work in newly developing sectors.

The Free Market 23, no. 12 (December 2003)

The Economist magazine asked in a recent issue: “Why on earth can’t the world’s richest country ensure that Baghdad has water and electricity?” One might think that a publication dedicated to covering the world of markets would already know the answer. The US government is trying to solve economic problems in Iraq, including the provision of essentials like utilities, through military means. If guns and force could provide the essentials of life, the Soviet Union would have been a utopia.

The Free Market 24, no. 12 (2004)

The democracy of the market is not the democracy that Plato spoke of in his Republic (c. 370 BC) as “a charming form of government, full of variety and disorder, and dispensing a kind of equality to equals and unequals alike,” nor that Aristotle in his Rhetoric (c.

Volume 24, Number 1
January 2004

“The world is in permanent monetary crisis,” Murray N. Rothbard once observed, “but once in a while, the crisis flares up acutely, and we noisily shift gears from one flawed monetary system to another.” Monetary systems built on floating fiat currencies are fragile things. Most of the world currently operates under this arrangement.

The Free Market 24, no. 1 (January 2004)

The “Coalition Provisional Authority” (the US government) in Iraq has instituted a 15 percent tax in Iraq based on the view that “these collections are for the benefit of the Iraqi people.” The US will tax income, the transfer of “real property,” car sales, and gasoline. The US claims that this is a lower tax than Saddam had, but this is only true in the most technical legal sense.

With the passage of time, the nature of post-Saddam Iraq becomes clearer, as does the Bush administration’s lack of commitment to free-market principles. One example of this exists in the new Iraqi communications industry. The Iraqi communications ministry, headed by Haider Jawad al-Aubadi, has granted licenses to three mobile phone companies in Iraq. Asia Cell consortium will supply mobile phone services in northern Iraq. Orascom and Atheer Tel will supply these services in central and southern Iraq respectively.