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Free MarketsOther Schools of Thought
One of the main shortcomings of the mathematical economists is that they deal with a "static state" as if it were something really existing.
Free MarketsSocialismPolitical Theory
The capitalist system is a system in which promotion is precisely according to merit. Marx didn't like that.
Market prices will continually be gravitating towards prices where all willing buyers can find willing sellers and all willing sellers can find willing buyers.
Free MarketsFrom the ArchivesProtectionism and Free TradeU.S. Economy
Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.
Free MarketsLabor and Wages
Market growth can naturally lead to greater inequality. But government interventions often add their own, more insidious brand of inequality.
Free MarketsFrom the ArchivesSocialism
All this could and should be done in one day.
Cronyism and CorporatismFree Markets
EducationFree MarketsPolitical Theory
To regain the liberty that we have lost, we must reawaken an understanding of what liberty, the rule of law, and individual self-responsibility mean.