Free Markets

However modest in size, including possibly being actually negative, net investment represents the true source of most revenue and income.

Now, some of the locals are feeling the pain as lady luck, bad math and bad judgment are punishing them.

Child-labor laws were and are a blow against the freedom to work and a boost in government authority over the family.

Recorded at the Mises Circle in Houston: “Great Economic Myths,” Saturday, 26 January 2008; Sponsored by Jeremy S. Davis.

OFCOM, by forcing the functional separation of BT and the creation of BT Openreach, altered the structure of production that the market had set up in answer to customer preferences.

Even Askling, who writes socialist propaganda for a living, knows the Swedish recycling scheme doesn't work; and she concludes it is in need of more market.

Respecting rights is not only moral, but also productive. There is no tradeoff between principles and pragmatism.

Although Liberal Fascism contains much important information, its many mistakes require that it be used with extreme caution.

While the supposed purpose of genetic antidiscrimination laws is to "protect genetic privacy," the actual effect is to remove the ability of insurers to provide financial incentives for people to get screened for potentially fatal genetic risk factors. This will only lead to unnecessary deaths from treatable genetic disorders and higher health insurance costs.

Ludwig von Mises explained labor union tactics in his book Socialism: "Strikes, sabotage, violent action and terrorism of every kind are not economic means. They are destructive means, designed to interrupt the movement of economic life. They are weapons of war which must inevitably lead to the destruction of society."