Why Marx Hated Individualism
The capitalist system is a system in which promotion is precisely according to merit. Marx didn't like that.
Free Markets
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The Way Markets Allocate Goods Is Truly Amazing
Market prices will continually be gravitating towards prices where all willing buyers can find willing sellers and all willing sellers can find willing buyers.
The Tyranny of the Bench
"Not only is a judge immune, but he can confer his immunity in a king-like fashion even onto lowly civilians who surround him."
Must Free Trade Be Reciprocal?
Advocates of commercial treaties maintain that freedom of trade must be reciprocal. Whether they know it or not, they are protectionists in principle.
The Political Economy of Protectionism
Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.
Trade and the Rise of Freedom
International exchange and economic freedom are mutually reinforcing, while protectionism is a form of political control.
The Fateful Wish for Price Stability
Price stability is a scheme dreamed up by central bankers and other interventionists in an effort to circumvent markets.
What Caused the Irish Potato Famine?
Was the Potato Famine an ecological accident, as historians usually say, or a politically created one?
With Inequality, Some Is Fair and Some Is Unfair
Market growth can naturally lead to greater inequality. But government interventions often add their own, more insidious brand of inequality.
How Markets Foster Human Cooperation
Only human beings know how to overcome irreconcilable, nature-given conflicts: by embarking upon cooperation.
