Free Markets

State medical boards, writes Henry E. Jones, masquerade as consumer protection agencies to get public support, police powers, and taxpayer dollars.

In a true free-market secured to private property rights, writes Ninos Malek, employers can determine employee qualifications on any grounds whatsoever.

The true state of the Union, writes DW MacKenzie, is that its chief executive fails to grasp the profound truth that central planning by political elites can never match the results of decentralized planning by the general public--even when it is done in the name of liberty.

Roderick Long celebrates Ayn Rand's work and influence in this piece written on the centenary of her birth.

Despite years of policy debacle and dictatorship, writes Ryan McMaken, Chile has taken a turn toward liberalism that has gone largely unnoticed.

It is the conviction of the liberal intellectual tradition dating back to the Middle Ages that society contains within itself the capacity for internal self-management. This is in contrast to the claims of the sociology literature, which posits that human society is riddled with conflict between groups: races, ages, ethnicities, and abilities.

Indeed, because a free market in space industries would be open to all competitors, we have every reason to expect technological innovation to be much quicker than in a monopolized space program.

Robert Murphy concedes that it is theoretically possible that an expanded global marketplace could make one country less wealthy on net. However, there are other considerations.

Most everyone assumes that capital exploits labor, writes Vlad Menshikov. But this point of view is completely wrong. 

Robert Murphy asks: what do various proposals to regulate trade all have in common? They are all attempts to prevent people from cooperating with each other.