Ulrich Fromy

Frederic Bastiat understood better than most how free markets and market prices actually promote social harmony. And unlike most, he understood why Paris, which had little agricultural land, had plenty of food for its inhabitants.

France is facing critical shortages of a number of drugs, and one need look no further for a cause than a price control regime. Naturally, the French media and government blame capitalism and look to double down on the intervention that has causes this crisis.

Western Europe has been at peace for the past 80 years. Unfortunately, EU leaders have not appreciated the benefits of peace and look to promoting war. The memories of World War II have faded, but the EU seems determined to create new bad memories.