Free Markets

Recorded at Mises University 2009.

When Hunt asks my help, I will be sparing of it, and when he does something on his own, I will try to encourage him, to help him associate self-reliance with joy.

By such indirection does the desire for liberty grow.

As a result of his misunderstanding of economic theory, the Pope failed to see the connection between every depression we have experienced in modern times and governments' intervening in the free market — the very system that, if left free of distributive-justice actions on the part of governments, would guarantee the attainment of the common good.

But there are a few great voices left, and others not so great that are still telling the truth, and these the individual may amplify prodigiously.

These transactions do suggest, however, that many aspects of labor market regulation may be unneeded.

There's no such thing as a free search. But there are a group of professionals out there driving the price as low as possible, and they certainly earn my admiration.

When looking for a thorough and logically consistent analysis of broad market forces and the role of the Federal Reserve in promoting an unsustainable boom in long-term production, Tom Woods‘s Meltdown remains the best choice.

Within the space of days, we've been provided, courtesy of the Fed itself, with footage that perfectly distills the complete failure of Fed forecasting and planning, and audio that encapsulates splendidly the only thing that the Fed actually accomplishes: the destruction of money.

Insufficiently educated in the history of economic thought, they do not realize that Keynesianism — down to the most technical details, like the concept of the foreign exchange multiplier — is mercantilism or, more precisely, John Lawism pure and simple.