Free Markets DO Work in Developing Countries
The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.
Free Markets
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Sports Betting and Spontaneous Order
One place a price system manifests itself is the sports betting markets. The results are surprisingly accurate.
Private versus Government Health Insurance: They Are Not the Same
Government programs like Medicare are called insurance, yet they are anything but. There is a difference between public and private plans.
The Rise and Fall of Trussonomics
In presenting her economic plan, Liz Truss failed spectacularly on one thing: cutting spending. Otherwise, a "tax cut" is not a tax cut at all.
Niebuhr, My God, to Thee
Lutheran theologian Reinhold Niebuhr attracted numerous followers in postwar America in part because of his attacks on the free market. Perhaps he should have read Mises.
Are Robots and AI Really Going to Displace All Workers? Probably Not
As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.
In Government-Regulated Healthcare, There Is No Competition Like No Competition
Progressives are quick to blame escalating healthcare costs on free markets, yet it's government rules and policies that are responsible.
Jeff Bezos, Charity, and Economic Well-Being: Wealth Creation Reduces Poverty
Amazon has done more to eradicate poverty than a hundred charities ever could.
Consumers, Workers, and Monopolies: Free Markets Serve All
Among Mises's contributions was his doctrine of consumer sovereignty in a free market.
Are Robots and AI Really Going to Displace All Workers? Probably Not
As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.
