Market Choices in Cannabis, Plus Cooking Classes
As part of a follow-up to my article on cannabis industry and its many rel
Free Markets
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Trade as Good as Gold—or, How the Hanseatic League Thrived without Debt
We’re often told that international trade thrives on debt.
Market for Security
This lecture by Bob Murphy was presented at the 2012 Mises University in Auburn, Alabama.
Healthcare and the Free Market
In this Mises View, Peter G. Klein explains how "Healthcare" would work, if it functioned in a free market.
Five Lessons Learned from the Scottish Referendum
In spite of its failure in the short term, the Scottish campaign exposed elite dread of decentralization while establishing a precedent that regions can decide for themselves to secede even without a nation-wide vote. The campaign also illustrates anew ongoing trends in the decline of the nation-state.
An International View of Drug Prohibition: An Interview with Mark Thornton
In this interview, Mark Thornton discusses his debate on the drug war at Oxford University and provides a view on how drug prohibition is viewed internationally.
Before Adam Smith There Was Chydenius
The work of economist Anders Chydenius, which predates Smith’s The Wealth of Nations, provided a radically free-market voice for Scandinavia in the 18th century as Chydenius battled against mercantilists and those who thought government well-suited to plan economies with laws and edicts.
The Economics of American Pickers
The television show American Pickers shows many economic concepts in action, such as comparative advantage and specialization and trade, and it also illustrates numerous Austrian insights such as subjective value and the role of the entrepreneur.
