Free Markets

We must realize that the two most powerful motivations in human history have always been ideology and economic interest, and that a joining of these two motivations can be downright irresistible.

Billy Joel memorialized the workers of the steel industry in his 1982 song “Allentown.” While popular culture seems to dwell on tragedy, the creative-destruction of the market process also involves progress.

The liberal arts in higher education are in danger and many there are blaming (of course) free markets. However, by substituting progressive propaganda for higher learning, the leaders of liberal arts institutions sealed their own fate.

Central planners act as sorcerers who can conjure economic prosperity through artificially increasing demand.

As Americans celebrate the destructive wars that helped shape this country, we also remember that free markets promote peace and individual liberty.

Contra the recent winners of the Nobel Memorial Prize in economics, free markets, private savings, and entrepreneurship not so-called innovation, is what drives a market economy.

Prices in veterinary services for pets have skyrocketed in the UK since 2020, but the only solution interventionists can find is antitrust policy.

Popular views of capitalism and free markets are not shaped by the facts, but rather by anti-capitalist intellectuals and the media.

Ever since the Great Depression, most economists have claimed that the key to increasing economic growth is to lower unemployment. However, increasing the savings rate and building a capital structure are the keys to growth—and lower unemployment.

Popular views of capitalism and free markets are not shaped by the facts, but rather by anti-capitalist intellectuals and the media.