Free Markets

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Government Is No Match for the Coronavirus

Decentralization and SecessionFree MarketsHealth

Blog03/18/2020

The coronavirus crisis must cause us to rethink the idea governments can manage these situations. It is absolutely true that most private industry can be trusted, because the alternative for poor or unscrupulous providers is failure.

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Entrepreneurs Flourish Most Where There Is a Culture and History of Entrepreneurship

The EntrepreneurFree Markets

Blog03/10/2020

Governments that hamper entrepreneurship certainly damage it in the near term. But these measures destroy the conditions necessary for innovation and entrepreneurship in the future as well.

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"Heritage" Designation of Old Buildings Is Both Wasteful and Arbitrary

Free MarketsInterventionismPrivate Property

Blog03/05/2020

After an old red barn was given "heritage protection" by the city council, the owner demolished it anyway. Many townspeople cheered the defiance of the council's blatant violation of property rights.

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Is Free Market Economics Too "Ideological"?

Free MarketsPhilosophy and Methodology

Blog02/20/2020

Free market economics is often ignorantly dismissed for being "ideological" rather than scientific. It probably sounds smart to the economically illiterate, but it is decidedly not.

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China's Economic Schemes Hurt the Chinese Most of All

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog02/12/2020

Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.

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Protectionism Is Not the Answer to the Canadian Fur Trade’s Problems

Free MarketsProtectionism and Free Trade

Blog01/29/2020

The North American fur trade is in decline. Unfortunately, many think that the solution is for the government to step in to “protect” trappers from market competition.

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Markets Provide Guns Despite Government Restrictions

Bureaucracy and RegulationFree Markets

Blog01/28/2020

In spite of all kinds of restrictions and red tape, consumer demand for firearms remains high, and the industry has found a way to meet that demand—through "80 percent lower receivers."

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Peaceful Market Exchange—Not Politics—Harnesses the Value of Diversity

Free MarketsMedia and CultureProtectionism and Free Trade

Blog01/22/2020

Whether diversity is a social benefit depends on whether it creates excuses to fight each other for special treatment. Politicizing our differences is far more likely to make diversity a source of conflict.

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A World Without Entrepreneurs

Free MarketsWorld History

Blog01/21/2020

Entrepreneurs are the reason consumers have come to expect new gains and innovations in products and services every year. Without entrepreneurs, we'd still be using rotary phones.

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In Healthcare, a Little Bit of Market Freedom Goes a Long Way

Cronyism and CorporatismFree MarketsHealth

Blog12/30/2019

Clearly marked prices on private-sector cash-payment surgeries are a great thing. In fact, the competition of for-profit surgery centers drives down prices at more "traditional" (i.e., highly bureaucratized) hospitals.

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