Free Markets

The Gulf Coast was hit with two disasters: Katrina and government. At every level and in every way, writes William Anderson, it made everything worse.

Far from having assisted in the crisis, writes Christopher Westley, FEMA actively made it worse by urging rescue departments not to assist. How much better off would the Gulf Coast be if FEMA had never existed? Much!

The definition of freedom is not complicated, writes Lew Rockwell. Freedom means that which the government does not control.

Recorded at Mises University 2005.

Can free enterprise be the sole provider of law and justice? Robert Murphy, author of Chaos Theory, writes that the idea is often dismissed out of hand.

Free trade is "I give you something; you give me something in return". Trade rights are part of property rights. Nosick calls trade a capitalist act between consenting adults. If you trade, you won't fight. It becomes harder to have wars. Trade benefits all parties.

Block, Gwartney and Lawson at Frazier Institute of Canada created an annual index of Economic Freedom of the World. It has been more widely used than any other reports. 102 countries were ranked according to factors like life expectancies or income equality.

Sean Corrigan notes several cases when believing in myth and fallacy qualifies you to manage editorial pages and purport to administer whole nations.

In this February 1957 memo, Rothbard sets down some thoughts on the Aristotelian background of marginal utility and Austrian economic theory.

The latest exploits of Lance Armstrong in this year's Tour de France, writes Jim Fedako, provide a solid backdrop for discussions contrasting the economic ideas of the Austrian School and the adherents of Public Choice.