Free Markets

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D.W. MacKenzie

It is a great irony that visions of socialist harmony necessarily result in rancorous and destructive struggles among groups with contradictory visions of the good society. It is perhaps equally ironic that profit-driven competition in markets results in the highest attainable degree of social harmony. Yet, this is how the world really works.

David Gordon

The notion of limited government is incapable of being realized in practice. If there is a monopoly government, any limitations on the government must be ones the government has imposed on itself. To expect this sort of limitation to be effective is futile.

D.W. MacKenzie

It is a fact that severe poverty has disappeared in the most industrialized countries. The wealth of the first-world welfare states was made possible by those countries’ turn toward free markets in the past. Likewise, the turn toward more free markets in the developing world has reduced poverty there.

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Auburn, Alabama

SUMMER WORKSHOP 2005

Wednesdays, 2:00pm (unless otherwise noted)

Robert Murphy, Hillsdale College

  • The Microeconomics of Security Services
  • June 5th

Joseph Salerno, Pace University

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Bally's Las Vegas Event Center

In honor of the late Murray N. Rothbard, S.J. Hall Distinguished Professor of Economics, University of Nevada, Las Vegas.

Sponsored by Louis E. Carabini and Joseph Edward Paul Melville.