Free Markets

Recorded at the 1990 ISIL World Libertarian Convention.

Despite their horrible reputation, stock speculators perform a crucial service in the market economy. Their attempts to buy low and sell high quickly eliminate mispricings in the stock market.

Globalization is the process of bringing the entire world into the system of division of labor and thus into the system of social cooperation…

Rather, the popular debate over Wal-Mart is an important part of a broader debate between freedom and interventionism. Those who vilify Wal-Mart do so not for Wal-Mart's political failings but for Wal-Mart's economic successes.

Walter Block debates Rev. David Bolieau on the topics of ethics and economics.

With few exceptions, American unions have long been at the forefront of anti-capitalist ideology and have supported virtually all the destructive tax and regulatory policies that have been so poisonous to American capitalism.

From the 2006 Supporters Summit: Imperialism: Enemy of Freedom, 27-28 October 2006, Auburn, Alabama.

Without a market for blood, people will die. Do we really want to sacrifice more lives in service to the god of socialist economic management?

There is only one system that can support a national and world population on this scale, and it is not socialism, primitivism, or any other than capitalism. Moreover, no form of government can create wealth.

However, even though the Federal Reserve's monetary excesses may occasionally lure too many into day trading and real estate investing, both are worthy entrepreneurial activities. There is nothing inherently slimy about trading real estate, and certainly nothing warranting the state's regulation of this market.