Free Markets

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.

The act of getting fired underscores the existence of the freedom of association, which is the key to social peace and a foundation of a growing economy. Do your part and take it well.

In many ways, the Mises Institute bears a heavy burden as the world's leading institutional voice for peace and economic liberty. And we are working in every way possible to make sure that the flame of freedom is not extinguished, even in the face of legions of charlatans and powermongers. Even though the politics of our times is as dark as ever, there are bright lights on the horizon.