Free Markets

Professional athlete Albert Pujols is undoubtedly a phenomenal mower of lawns. Does this translate into competitiveness in lawn-cutting circles? Nope.

Governments, which are eager to keep up the outward appearance of freedom even when curtailing freedom, disguise their direct interference with consumption under the cloak of interference with business.

Political Scientist and MSNBC contributor Mellissa Harris-Perry has called for renewed

The problem of the influence of power on prices as such has hitherto been only scantily treated, and never in a systematic manner, in economic theory.

A major lesson to be learned from the occupation is that hardly anyone nowadays understands the meaning of freedom of speech.

Relative to what is democracy "efficient"? Wittman does not say.

Private-property rights and laissez-faire were the fundamental heritage of the Roman law to later centuries.

"Production for people, not profit!" Such critics do not appreciate the indispensable service that the profit-and-loss test provides to members of a market economy.

Due to their copper content, nickels are worth slightly more than 5¢ and pennies minted before 1982 are worth almost 3¢. They won't stick around.

WWI served as the model, the precedent, and the inspiration for state-corporate capitalism for the remainder of the 20th century.