Free Markets

Not even your Roomba vacuum cleaner is safe from state control. Time for the state to give up all economic controls across the board.

Not even your Roomba vacuum cleaner is safe from state control. Time for the state to give up all economic controls across the board.

Freer markets have made what were once luxuries available to the masses, despite state interventions and regulations.

Vail recognized that market competition and “regulation and control are inconsistent with each other, and cannot be had at the same time.” Obviously, Vail favored the latter.

We are told ad nauseum that the capitalist system runs on greed. In reality, a successful economy depends mostly upon trust.

In this week’s Friday Philosophy, Dr. David Gordon takes on Daron Acemoglu’s What Happened to Liberal Democracy? Remaking a Politics of Shared Prosperity and finds it lacking in economic sense.

The up and down experience with free markets in Eastern Europe following the fall of the Iron Curtain shows that free markets, while undermining the state, do not operate apart from state interference.

Thatcher, Clinton, Obama, Trump—everyone gets called a neoliberal, which is why most free-market economists say the word means nothing. Tho Bishop argues it names something precise.

The up and down experience with free markets in Eastern Europe following the fall of the Iron Curtain shows that free markets, while undermining the state, do not operate apart from state interference.

Tuition is up 1,200% since 1980. Enrollment is about to fall off a cliff. Peter Klein argues the real problem isn't any of the things people usually name.