Free Markets

In a totalitarian system, competition means courting the favor of those in power. In the market system, competition means sellers try to outdo one another by offering better or cheaper goods and services to the buyers.

The closing talk presented at Mises University 2020.

Presented at Mises University 2020.

AOC and Paul Krugman are wrong: we can't just pay people money to stay home and expect "stuff" to materialize around us. Dr. Shawn Ritenour shows how Man, Economy, and State explains why.

The story of how housing became so unaffordable for so many is a tragic one. But this is a story of our own making, thanks to decades of misguided government regulations.

Jeff Deist and Dr. Jonathan Newman break down Chapters 2–4 of Man, Economy, and State. This is vintage Rothbard: precise definitions; hardcore explanations of property, prices, and exchange; the problems of "hegemonic" state violence;  and a "beautiful" (per Dr. Newman) conception of social cooperation.

The story of how housing became so unaffordable for so many is a tragic one. But this is a story of our own making, thanks to decades of misguided government regulations.

If Mises stopped short of affirming the full right of individual secession, it was only because of what he regarded as technical obstacles.

Thomas Sowell has a gift for explaining how markets are simply the result of human beings making free choices. There is no single market answer to a problem. There are countless answers.

David Gordon reviews Prosperity and Liberty, a compilation of essays on Venezuela's wrecked economy and plans for reconstruction, edited by Rafael Acevedo.