Free Markets

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Ed Bugos

Much of government-owned transportation destroys rather than adds to wealth. The lack of a sound system of economic calculation is to blame.

Lipton Matthews

People migrate for many reasons, including moving to a better economy and escaping political persecution. But one thing is certain: people are going to vote with their feet.

Michael Matulef

The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life.

Raushan Gross

Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.

Murray N. Rothbard

To Marx, each individual's thinking is all determined not by his personal self-interest but by the interest of the class to which he supposedly belongs.

Murray N. Rothbard

Inflation did not benefit the poor; wages lagged behind the rise in prices during inflations, especially behind agricultural prices.

T. Hunt Tooley

Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes supplied by American GIs as money.