Free Markets

Before Steve Jobs and the iPhone, there was Malcolm McLean, inventor of the shipping container. McLean made the iPhone—and many other things—possible.

Mainstream economists say everyone should pay the same price for the same good. But that doesn't totally make sense.

While the antimarket and antilibertarian forces are strong, it is easy to forget that free market advocates also have a powerful set of tools.

The Mali Empire flourished as a trading center and gold-producing region from the late Middle Ages into the mid-seventeenth century.

Before it was destroyed by British aggression in 1755, the Acadian community in Nova Scotia provided a window into an anarcho-capitalist society that was cohesive and successful.

Before Steve Jobs and the iPhone, there was Malcolm McLean, inventor of the shipping container. McLean made the iPhone—and many other things—possible.

Even though liberalization of its infamously bureaucratic economy has achieved strong results, India's leftist activists and politicians are trying to reestablish collectivism.

When the Nixon administration ended the dollar's ties to gold, it was yet another sad chapter in the US government's abuse of its currency. And the government learned nothing.

Using a humorous subject, Charles Amos successfully challenges the view that government must produce "public goods" in order to ensure an optimal supply.

The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.