Free Markets

Presented as part of the Mises Institute’s Brown Bag Seminar series on January 17, 1995 in Auburn, Alabama.

Interviewed by Michael Beitler on the “Free Markets” internet radio program; 5 February 2009.

Just as "war is too important to be left to the generals," accounting is too vital for the economy and everyone's finances to have been left to the experts.

In the case of downloads, the great hunt promises to cripple the Internet. And HADOPI is only one of the state's tentacles.

The Marxians, Keynesians, Veblenians, and other "progressives" know very well that their doctrines cannot stand any critical analysis.

The way out of this mess is freedom.

"These false prophets of capitalism are the greatest friends that proponents of socialism have."

The costs of the persecution of bingo operators are not limited to the financial burden on taxpayers but also include loss of individual liberty and the unintended consequences, which are difficult to quantify. Citizens, no matter how rich or poor, have the right to make bad decisions.

In order to bring our economy back on track, government needs to get out of the way of entrepreneurs and capitalists. We need to leave holes undug and paper unprinted.

When prices are fixed, and labor conditions are set by law, an employer can indulge his racist preferences without receiving his capitalist comeuppance.