Free Markets

Frank Knight complicates things in interesting ways. He first argues for a free economy in a way that Austrians can only applaud. 

Many people have wondered why modern intellectuals hate capitalism. In "The Treatment of Capitalism by Continental Intellectuals," one of the essays included in Professors Hale's and Landy's excellent collection, 

To keep the regulators at bay, high technology executives are beginning to feel that they had better pay homage to the powers-that-be. This is sheer waste. 

The Firestone/Ford debacle is being used to spread the oldest myths in the anticapitalist lexicon.

Air travel delays keep getting worse. Who's to blame?  

Mancur Olson's new book resolves for me a major mystery. As all readers of The Mises Review know, socialism is an unworkable system. Mises conclusively demonstrated that a centrally planned economy cannot calculate rationally; 

William Anderson answers an objection to his defense of Microsoft. 

People fret and complain about trashy beaches, but there is an obvious solution: make them private and charge for entry. 

Until a few months ago, the sum of my experience with Latin America had been a few trips to border cities like Juarez, Nogales, and Tijuana. Beyond that, I had to depend upon Dan Rather, the New York Times, and various social activist groups to find out what was true about life South of the Border. All had a sad story to tell.