Conclusion
By the close of the 1920s, business elites led by Wall Street had secured government enforcement of their cartels across banking, industry, transportation, and health.
By the close of the 1920s, business elites led by Wall Street had secured government enforcement of their cartels across banking, industry, transportation, and health.
Beginning with the Morrill Tariff of 1861, Patrick Newman documents protection sought and monopoly repeatedly denied. Market competition kept defeating attempts to corner markets.
The more the state is involved in “eliminating” poverty, the more poverty we have in society. The free market is the best means of reducing poverty.
Dr. Peter Klein asks whether AI will finally disrupt higher education and argues that the real fix isn't smarter machines but private alternatives that can actually be tested by a market.
Dr. Paul Cwik walks through four "secrets" the public schools would rather you didn't know—and makes the case for full educational freedom.
What followed 9/11 was 25 years of systematic destruction of American liberties, and the final destruction of the Bill of Rights, all in the name of "safety" and "patriotism."
What followed 9/11 was 25 years of systematic destruction of American liberties, and the final destruction of the Bill of Rights, all in the name of "safety" and "patriotism."
When government regulates or produces electricity, it claims to act in the name of conservation, or preventing “profligacy” by customers. Yet, only free markets can decide what is “profligate” and what is not.
One of the problems of defending private property rights is that opponents wish to muddy the waters by constantly shifting the ground on defining private property in the first place. These are diversionary tactics, not an attempt to promote serious arguments.
Labor unions and the general public almost totally ignore the essential role played by falling prices in achieving rising real wages.