Free Markets

Today's crop of central planners and big-spending politicians could learn a thing or two about economics from Henry Hazlitt.

The movie depicts individuals grappling with the unwinding of a bubble and the inevitable fallout that takes place.

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.

Education can regulate what intelligence one has, but it cannot give one any more.

First they came for the cigarettes, then Hank Williams Jr. got knocked off Monday Night Football.

There is no evidence that a market system will bring about a tendency toward monopolistic growth; the state does that.

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.

Ron Paul runs an honest campaign. Unlike that of the typical politician who carefully tailors his speeches to match the prejudices or vested interests of his audience, Dr. Paul's message is always the same: fractional-reserve banking and fiat money are violations of historic legal principles.

We would do well to study the intellectual, political, social, and economic history that made Mises write with such urgency and passion.