Free Markets

Peter Bauer possesses a rare ability: he can see the obvious. Several philosophers discussed in this issue-Rawls, Dworkin, and Cohen -rail on and on about equality. 

Statism was the primary theme of this year's election. The political issues of the day were all approached from the interventionist point of view. For George W. Bush and Al Gore, it was not a matter of whether government should be running a social security scheme or not. It was only a matter of how government might save it.

Human action really is different from the physical sciences, says Gene Callahan. Collecting data and testing results doesn't tell you want you want to know.

Consider an essay by social theorist Alan Wolfe, in which purports to analyze America's excessively consumerist capitalist society.  

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, 

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

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;