Free Markets

For a decade, calls for easy money and cheap credit were subdued. But now that hard times are upon us again, guess what? Martin Masse explains.

Due to the weakening economy, the red-hot job market appears to be at an end. Employers are already handing out pink slips, giving rise to complaints about the "injustices" of the market system, particularly among younger workers whose careers have been furthered by an unusually long economic boom.

Is it a good idea to put private charities on the dole? Tibor Machan says no. It will change their focus and wreck their services.

As layoffs mount, Brad Edmonds reflects on the purpose of the labor market, with a special focus on  academic music.

While it did not make headway in this latest presidential campaign, events of the last year have weakened one of the longest-standing policies of the US government: the trade embargo with Cuba.

Just as the antitrust suit seems to be burning itself out, the enemies of Microsoft have launched another sneak attack, writes Lew Rockwell.

History frowns upon the belief that government protects children's rights, and yet that is precisely the claim that undergirds child labor laws, now enforced in most parts of the world. Hardly anyone dares question their existence, much less the conventional history of child labor, no matter how many children and families continue to be victimized by government regulation of labor.

Production and price controls, not deregulation, are the cause of the state's energy miseries, writes George Reisman.

This indispensable selection of articles that Murray Rothbard wrote for the Rothbard-Rockwell Report contains the most insightful comment on foreign policy I have ever read. In a few paragraphs, Rothbard destroys the prevailing doctrine

Deepak Lal, a distinguished development economist, might have entitled this book The Rise and Future Decline of the West. In his view, the nations of Western Europe first discovered the secret of economic prosperity.