Free Markets

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Week in Review: October 29, 2016

Free MarketsGlobal EconomyInterventionism


As public faith in elections falls, and politicians foist an ever greater burden on us, a true populist opposition movement may be growing.

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The Homo Economicus Straw Man

Free MarketsOther Schools of ThoughtPhilosophy and Methodology


To understand the marketplace, it is not necessary to believe in the existence of a selfish, profit-maximizing human.

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Libertarians Shouldn't Dream of Hillary's Common Market

Free MarketsGlobal Economy


Neither government-controlled trade, nor government-enforced open borders are libertarian.

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The History of Capitalism

Free MarketsWorld HistoryPrivate Property


The development of capitalism consists in everyone's having the right to serve the customer better and/or more cheaply.

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How to Solve the Illegal Immigration Problem

Free MarketsPolitical Theory


No walls, no government databases, no biometric national ID cards. But not a penny in welfare for immigrants. It is really that simple.

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Fantasy Football: The Beauty of Capitalism and the Dangers of Government

Free MarketsEntrepreneurshipInterventionism


The success of fantasy sports is an illustration of how capitalism unleashes innovation, and how government can manage to ruin anything it touches.

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Spreadsheets Can Not Replace the Market Process

Free MarketsInterventionismPrices


The problem with the Excel spreadsheet approach is not the intentions of policymakers, but that such tools cannot possibly replace the market process.

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What the Olympics Teach Us about International Trade

Free MarketsEntrepreneurshipInterventionism

Government schemes are powerless in gauging where comparative advantage lies, whether we are talking about trade or sports.

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Interventionism: Government's War Against Consumers

Free MarketsInterventionismValue and Exchange


The government wants to arrogate to itself the power, which, in an economy, is in the hands of the consumers.

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The Division of Labor Clarified

Free Markets


For Mises "human society is thus spiritual and teleological," the "product of thought and will."

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