Free Markets

The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.

One place a price system manifests itself is the sports betting markets. The results are surprisingly accurate.

Europe is in crisis, thanks to its progressive leadership. Václav Klaus, former president of the Czech Republic, points out the problems and offers a remedy: free markets.

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.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

One place a price system manifests itself is the sports betting markets. The results are surprisingly accurate.

Government programs like Medicare are called insurance, yet they are anything but. There is a difference between public and private plans.

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.

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.

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.