Free Markets

Home prices peaked five years ago, but a mountain of foreclosures still looms.

From the Libertarian Review, May 1979, Rothbard provides a well-rounded discussion of the strengths and weaknesses of a balanced-budget amendment.

If it is true that prices are signals which enable us to adapt our activities to unknown events and demands, it is evidently nonsense to believe th

So long as Ayn Rand’s villains continue to resemble the reality in Washington, the story of Atlas Shrugged will remain popular. The average American may not be a powerful railroad executive or steel magnate, but most believe they are entitled to the fruits of their labor.

If it is true that prices are signals which enable us to adapt our activities to unknown events and demands, it is evidently nonsense to believe that we can control prices.

For 6,000 years, men carried things on their backs. Then suddenly the forces of nature were harnessed to do the bidding of the humblest citizen.

The first half of the 1970s was a heady time for libertarians.

It is better to live self-realized and self-responsible than to live dominated or on the end of strings that are pulled or cut by those wearing the masks of power.

Often the dispersion of a fortune starts already in the lifetime of the businessman when his buoyancy, energy, and resourcefulness become weakened,

I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met. In fact, though he has been serving me faithfully for three decades, looking after my well-being and trying to improve my standard of living, he didn't even know my name.