Free Markets
From “I Don’t Know” to “I, Pencil”
If there were a top-ten list for how many words someone had devoted to the cause of liberty, Leonard Read would surely be on it.
Four Policies: The Original Intent
Visible Projects, Hidden Destruction
Today's crop of central planners and big-spending politicians could learn a thing or two about economics from Henry Hazlitt.
The Market Stars in Margin Call
The movie depicts individuals grappling with the unwinding of a bubble and the inevitable fallout that takes place.
In Defense of Flash Trading
As society and technology progress, the instantaneous sharing of knowledge and information is not something to fear but to celebrate. In a world where capital moves at the speed of light, flash trading ensures that resources will continue to meet more deserving hands and be put to more efficient use.
Reflections on Education
Education can regulate what intelligence one has, but it cannot give one any more.
First Cigarettes, Now Bacon and Eggs
First they came for the cigarettes, then Hank Williams Jr. got knocked off Monday Night Football.
Who Are the Monopolists?
There is no evidence that a market system will bring about a tendency toward monopolistic growth; the state does that.
In Praise of Credit Checks
The more you behave, the more people trust you. The more certain it becomes that you will pay what you owe, the more people are going to extend you credit. The truly wonderful thing about this system is that it is entirely private. No one is coerced.