Economic Freedom

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.

To stay in power, governments have to keep spending money. They need to give money to their friends, to give money to their supporters, to carry out their various projects, and—most expensive of all—to have wars.

Conflicts are not inherent in the operation of an unhampered market economy. There are conflicts between citizens because the government steps in and gives special privileges to some and not to others.

Camillo Tarello was one of the fathers of modern agriculture. Fighting the headwinds of state disapproval for his innovative farming methods, he made many agricultural discoveries, benefiting not only his fellow Italians, but future farmers around the world.

Camillo Tarello was one of the fathers of modern agriculture. Fighting the headwinds of state disapproval for his innovative farming methods, he made many agricultural discoveries, benefitting not only his fellow Italians, but future farmers around the world.

Charles Dickens trained many to hate capitalism, but he never understood the difference between envious hatred of wealth and charitable concern for the poor. The true story of his personal life makes this evident.