Free Markets

Whether or not some nations truly suffer from an ineradicable intelligence deficit, their best path to follow is the one of freedom.

Turning to government for protection and support is stealing money from the pockets of everyone else. Farm programs, including the 2007 Farm Bill, need to be thrown in the dust bin of history, where they belonged eighty years ago.

The answer is quite simple: privatize education. Remove government from the minds of our youth. Recognize the wisdom of Mises and let parents — as consumers — decide what is best for their children.

Faced with this shattering blow, Baldy Harper never faltered; with unswerving and inspiring integrity, he determined to build the Institute for Humane Studies even without its promised endowment.

Narrated by Jeff Riggenbach.

Economics is therefore not quantitative prediction. Nor is it a game or puzzle solving. Neither of the Friedman's assumptions — the rationality of economic agents and of the simplicity of preferences — is necessary.

His likeable wife Eleanor helped spread the gospel that underpinned the New Deal: that living off the toil of others is perfectly acceptable and moral. Most Americans, not even a century removed from fighting a Civil War supposedly to end such an inhuman practice, agreed.

Although not generally a vain person, I once named a law after myself: according to Woods’s Law, “whenever the private sector introduce

Logic and statistics confirm the case for prosperity through economic freedom. The current trend towards greater regulation is pernicious, but not irreversible.

The odd twists of this episode of protectionist plunder would not have surprised Bastiat.