Economic Freedom

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.

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

China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism.

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.

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.

A number of Christian conservatives are claiming that markets are as coercive as government. Try boycotting the FBI or your local police the next time they do something outrageous.

President Biden says he is going to unleash regulators to bring more "competition" to the economy. This is an oxymoron.

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.

Being large doesn't make a country wealthy, nor does being small shrink a country's economy.

Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game, not real life.