Free Markets

Thinking through the economics of big cities sheds light on general principles of free markets.

People who lack self-confidence aren’t likely to support efforts to achieve a free society, or even to understand why a free society is a desirable goal.

There has never been a better time to be a student of scholarship in the long-lived liberal tradition.

Can we please stop putting down paid work? Unpaid work lacks the feedback of market prices.

No one wants a needle park in his or her neighborhood, but that is exactly what prohibition brings.

Mere work — that is, effort not guided by a rational plan and not aided by the employment of tools and intermediary products — brings about very little for the improvement of the worker's condition. Such work is not a specifically human device. It is what man has in common with all other animals.

This spontaneous social order dissolves into chaos every so often: when a city cop decides to enforce state order over social order.

The Brazilian government is not the legitimate owner of the forest area that it declares to be under its domain.