Economic Freedom

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How Not to Desocialize: Argentina Edition

Economic FreedomPoliticsSocialismWorld History


While Argentina president-elect Javier Milei plans to privatize state-owned enterprises, there is a right way and a wrong way to privatize these entities. Murray Rothbard and Hans-Hermann Hoppe show the way.

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Remembering the Great Henry Hazlitt on His Birthday

CapitalismEconomic FreedomFree Markets


Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death.

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The More Complex the Society, The Less Government Control We Need

Big GovernmentEconomic FreedomHayekLiberalism


Progressives claim that perhaps individual freedom might be appropriate for a simpler society but that as society grows more complex, the need for government grows. As Leonard Read pointed out, however, greater complexity requires greater freedom, not less.

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These Four Things Are Keys To Building the Wealth of Nations

CapitalismEconomic FreedomGlobal EconomyWorld History


Humanity progressed very slowly from the fall of the Roman Empire to almost the nineteenth century. Then came the Industrial Revolution, which changed everything.

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What Is Seen—And What is NOT Seen: Bastiat's Often-Ignored Wisdom

Economic FreedomEconomic PolicyInterventionism


Bastiat reminded his readers that economic analysis involves not just what we see on the surface, but also the costs that are hidden from view.

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Living Libertarian: Brief Biographies

Economic FreedomHayekLibertarianism


Why do people become libertarians? What attracts them to Austrian economics?

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Defending the Undefendable Investments

Economic FreedomThe EntrepreneurMedia and CultureProtectionism and Free Trade


In the spirit of Walter Block's classic Defending the Undefendable, Kevin Duffy looks at the "undefendable" investments and economic choices and finds them profitable.

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Haiti May Have Won Independence, But It Is Not Independent of Chaos and Poverty

Bureaucracy and RegulationEconomic FreedomWorld History


Haiti famously won its independence from France during a slave revolt, but being independent has not brought political stability or prosperity. Instead, Haitians struggle to get by in the Western Hemisphere's poorest country.

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How Does One Define "Libertarian"?

Economic FreedomLibertarianismPhilosophy


With the current jumble of poltical terms, it is hard to discern what is "libertarian," and what is not. Economic freedom and individual rights must be at the top of the list.

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American Prosperity Is Greater than Most of Us Realize

Economic FreedomU.S. EconomyU.S. HistoryWorld History


Compared to how most other people in the world live, Americans have a high standard of living. And despite the talk about inequality, there is more economic and social mobility here than anyplace else.

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