Free Markets

We must become the intellectual dissidents of our time, rejecting the demands for statism that come from the Left and Right.

The art of economics consists in looking not merely at the immediate but at the long effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

As always, the little guys are told to give up their way of life to preserve the high-paying jobs of corporate and union executives — along with the jobs of people who make cars no one wants to buy.

Given the poor quality of the reasoning behind Samuelson's remarks we should doubt his advice, not F.A. Hayek and Milton Friedman's.

As theory and evidence suggests, market-oriented reforms are not faith-based initiatives. They are our only hope for the long run.

The lesson to be learned from the success of Farber is that truly private education is plausible and even preferable to the current education provided by the government.

To believe that, absent government, folks would not help the poor is to turn one's back on history. In addition, to destroy capital in the name of ending poverty simply impoverishes us all.

Christmas can survive and thrive even if it is not culturally dominant.

A punk economy is doing what legislators around the country could never do: shrink state and local governments.

We should be worried about building Battlestar Galactica.