Economic Freedom

The UK does not have an energy problem, it has a freedom problem.

The UK does not have an energy problem, it has a freedom problem.

People claim to support economic intervention because the market cannot be trusted to be “stable” enough to keep the economy out of recessions. However, it is government itself, not the free market, which creates the instability in the first place.

The TSA stories, especially at Atlanta, are illustrations of interventionist non-intervention: non-delivery of promised, paid-for, and monopolized service.

The TSA stories, especially at Atlanta, are illustrations of interventionist non-intervention: non-delivery of promised, paid-for, and monopolized service.

While Adam Smith has played an important historical role in the development of economic thought, as Murray Rothbard pointed out, he hardly is the original apostle of laissez-faire economics.

Critics of markets often argue that capitalism systematically fails consumers.

Life, for man, begins not with breath, but with action. To act, he must own himself. He must be free to choose.

Progressives sell state intervention into economic affairs as “protecting” consumers and workers. In all cases, free markets do a better job of protecting all participants.

Ever since independence more than 40 years ago, Zimbabwe has been wracked with socialism, inflation, and corrupt political leadership. Yet, there is a way forward for the nation, if Austrian Economics can be in its future.