Free Markets

Prosperity Through Competition

Tags: Free Markets

06/16/1958 • Ludwig Erhard

In postwar Germany, one great statesman led the fight for freedom: Ludwig Erhard. He was deeply influenced by Wilhelm Röpke, and drew heavily on the case for free markets made by Ludwig von Mises. He received his PhD from Franz Oppenheimer, the...

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The Free Man’s Library

Tags: Free Markets

06/15/1956 • Henry Hazlitt

Henry Hazlitt did an incredible thing with this book. He created in a mere 180 pages an anthology of short reviews of 550 books on economics and politics, old and new, from the point of view of an Austro-libertarian. Hazlitt wrote it because he...

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The Anti-Capitalistic Mentality

Tags: Free Markets, Media and Culture

06/15/1956 • Ludwig von Mises

In 1954, after a lifetime of serious theoretical work in economic science, Mises turned his attention to one of the great puzzles of all time: discovering why the intellectuals hate capitalism. The result is this socio-psycho-cultural analysis...

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Essentials of Economics

Tags: Free Markets

02/21/1956 • Faustino Ballvé

Faustino Ballvé was a remarkable thinker and economist, educated in Spain and England and teaching and practicing law in Mexico City. He was there when Ludwig von Mises came to speak on a lecture tour. The talks that Ballvé heard sparked a new...

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Instead of Violence

Tags: Introductory, Free Markets

06/22/1951 • Leonard E. Read

Written in 1951, this is one of Leonard Read’s earliest pamphlets on what he called “the philosophy of freedom.” As was often the case in Read’s essays on spreading the message of liberty, he notes that the first step is evaluating one’s own...

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Liberty: A Path to Its Recovery

Tags: Free Markets

05/28/1949 • F.A. Harper

F.A. Harper was a leader in the libertarian movement from the 1950s and onward. Here is his early manifesto (1949), in which he reveals a sophisticated understanding of free markets and freedom but had not yet, as he later did, come around...

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1.4. Personnel Management Under an Unhampered Labor Market

Tags: Introductory, Prices, Production Theory, Free Markets

05/02/1944 • Ludwig von Mises

The price of labor is a market phenomenon determined by the consumers' demands for goods and services.

1.3. Management Under the Profit System

Tags: Introductory, The Entrepreneur, Free Markets

05/02/1944 • Ludwig von Mises

The profit motive drives entrepreneurs to serve the consumers.

1.1. The Operation of the Market Mechanism

Tags: Introductory, Production Theory, Value and Exchange, Free Markets

05/02/1944 • Ludwig von Mises

The capitalists, the enterprisers, and the farmers are instrumental in the conduct of economic affairs, but the captain is the consumer.

Do We Want Free Enterprise?

Tags: Free Markets

03/05/1944 • Vervon Orval Watts

The very idea of “educating the masses” is inconsistent with the ideals of freedom and individualism to which we give lip service. Who are “the masses”? Can the term be more appropriately applied to others than to ourselves? We are all...

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