Free Markets

Austrian economists often are labeled ideologues for advocating for free markets, yet socialism requires the ideological blinders.

In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.

Academic historians of the "acclaimed" new history of capitalism have a major weakness: their claims do not match the historical record.

Proponents of socialism claim that it promotes ownership "by the people." Yet the people that actually control resources and production are not the same people who allegedly are the "rightful owners" in society

Recovery is genuine only when it reaches the masses of individuals. And recovery comes only from the actions of individuals acting in a free market.

Leonard Read had much to say about how socialism already was entangled in our economic and social order.

Recovery is genuine only when it reaches the masses of individuals. And recovery comes only from the actions of individuals acting in a free market.

While people from poor countries seek to live in places like the USA because of its stable institutions and welfare state, could migration of people from stable countries to less-developed ones make those countries better off?

While people from poor countries seek to live in places like the USA because of its stable institutions and welfare state, could migration of people from stable countries to less-developed ones make those countries better off?

It is generally accepted that a government can enslave the citizens—unless it is a democratic government. Mistake!