Free Markets

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Carter vs. Reagan: The Last Semi-Intelligent Presidential Race

Free MarketsU.S. History

Blog09/23/2020

Jimmy Carter doesn't get credit for his deregulation efforts, but his initiatives probably were as significant a boost to the economy as any president has accomplished since 1980.

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Dworkin and the Free Market

Free MarketsPhilosophy and Methodology

Blog08/28/2020

In a free market, goods pass to those who are willing to pay the most to get them. A legal system that allows people to bid against each another for the goods they want displays equal concern for its citizens.

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The Misplaced Fear of "Monopoly"

Free MarketsMonopoly and Competition

Blog08/11/2020

The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.

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How Government Regulations Make Housing Unaffordable

Bureaucracy and RegulationFree MarketsPoverty

The story of how housing became so unaffordable for so many is a tragic one. But this is a story of our own making, thanks to decades of misguided government regulations.

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Thomas Sowell: Understanding Markets and Free Choice

Free MarketsSocialismU.S. History

Blog06/30/2020

Thomas Sowell has a gift for explaining how markets are simply the result of human beings making free choices. There is no single market answer to a problem. There are countless answers.

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Does the Free Market Corrupt People?

Free MarketsPhilosophy and MethodologyPrices

Blog06/19/2020

Michael Sandel doesn't like capitalism. But he can't seem to manage an economic argument for why. He's content to claim that capitalism is morally corrupting, converting anticapitalism into a sort of pseudoreligious faith.

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Why "Public Goods" Don't Justify Government Intervention

Free MarketsInterventionismMonopoly and Competition

Blog06/11/2020

Economists have long tried to use the idea of "public goods" as justification for a wide variety of government interventions. But there is no objective measure for what's a public good and what's not.

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The Japanese Love of Keynesian Economics Might Finally Be Coming to an End

Free MarketsGlobal EconomyTaxes and Spending

Blog05/20/2020

Decades of Keynesian policy have crippled the Japanese economy. Only a turn toward free markets offer a real way out.

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Deregulation Is the Path to Increasing the Supply of Medical Services

Bureaucracy and RegulationFree Markets

If we're serious about increasing the capacity of our medical institutions, free trade and deregulation offer real solutions.

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A Protest from France

Big GovernmentDecentralization and SecessionFree Markets

Blog04/30/2020

The lockdowns of the past month have not been conducive to the common good. While they have saved the lives of many people, they have also endangered—and are still endangering—the lives and livelihoods of many others. They have created a new and dangerous political precedent.

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