Free Markets

President Obama called a budget proposal of his Republican opponents in Congress "thinly veiled social Darwinism." Mises guides us to the proper response.

The owner of ghetto housing differs little from any other purveyor of low-cost merchandise.

Spooner’s anarchism was, like his abolitionism, another valuable part of his pietist legacy.

Hamilton wanted higher federal debt because he wanted investors in government IOUs to commit to the survival of the US government itself.

We now have a libertarian benchmark to apply to the difficult problem of water ownership.

There is only one way to regard a minimum-wage law: it is <em>compulsory unemployment</em>, period.

Better economists recognize fractional-reserve banking as a major source of financial and economic instability.

It is obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end.

Last week, I reviewed, in not altogether favorable terms, Stefan Molyneux's book Universally Preferable Behavior. The author has replied.