Free Markets

Joe Salerno provides a brief description of fractional reserve-banking, identifies the problems it presents in the current institutional setting, and suggests a potential solution.

There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least. 

Recently Tim Poole alluded to the so-called “shopping cart theory” of why self-governance is impossible. Bob explains what’s wrong with this argument.

There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least. 

Claims that market arrangements involve the unethical “using” of others are of lengthy pedigree. But they are also of questionable merit.

Claims that market arrangements involve the unethical “using” of others are of lengthy pedigree. But they are also of questionable merit.

Among the ancients the individual, almost always sovereign in public affairs, was a slave in all his private relations. Among the moderns, the individual, independent in his private life, is sovereign only in appearance. 

Big business, the target of the most fanatic attacks by the so-called leftists, produces almost exclusively to satisfy the wants of the masses. In fact, serving the masses is the main occupation of the "capitalist."

Jeff Deist finishes his series on Hoppe's devastating classic with a look at the final chapters, critiquing conservatism, liberalism, and constitutionalism. 

Peter Schiff discusses minarchism vs. anarcho-capitalism on The Bob Murphy Show.