The Politics of Political Economists
The growth of statistics, often developed originally for its own sake, ends by multiplying the avenues of government intervention and planning.
Free Markets
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Intellectuals and the Marketplace
[ Chapter 3 of Classical Liberalism and the Austrian School. This chapter is adapted from a paper delivered at the general meeting of the Mont Pèlerin Society, in Cannes, September, 1994.] Bankrolling Adam Smith? Ronald Coase, Nobel Laureate in...
The Morality of Fiat Money
[ Excerpted from chapter 13 of Guido Hülsmann’s The Ethics of Money Production (2008).] 8. Some Spiritual Casualties of Fiat Inflation Fiat inflation constantly reduces the purchasing power of money. To some extent, it is possible for people to...
Socialism and Decivilization
Let us consider the process that led to the decline and disappearance of classical Roman civilization.
Are Markets Boring?
The psychology of the anti-market left can be a puzzle, but even more confounding is the mentality of the anti-market right.
Zoning and the Free Market
In this 90-minute 1981 lecture, Walter Block discusses the importance of allowing private markets — and not government planners — to decide how land and housing is used by those who buy, sell, and rent it.
Is There Room for Compromise with Socialism?
Government power rests on the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. Those who want more government want more compulsion and less freedom.
Christmas Movies and Bad Economics
Why are so many Christmas movies rife with villainous capitalists who constantly seek to ruin Christmas?
The Morals of Human Cooperation
Henry Hazlitt has done us a great service, for it is a rare philosopher who recognizes that the consistent adherence to a set of ethical rules promotes social cooperation and benefits everyone in society.
