Free Markets

A key reason that developing countries have often been unable to catch up to their developed counterparts is because of

The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc and trade settlement sys

The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the economy into recession. As Austrians know, that narrative is entirely false and fails to accurately explain how the economy works.

Americans once dreamed of a country that did not care about global greatness or glory. It was within our reach if we had been wise enough to grasp and hold it.

Honduras is one of the poorest countries in the Western Hemisphere, but the free city of Próspera, located just of the Honduras coast, is anything but poor. Here, private property and free markets are the norm and Bitcoin is legal tender. Of course, the socialists want it shut down.

Mark Thornton explores the continuing negative impacts of the ongoing US embargo against Cuba and how getting rid of this Cold War policy could benefit the peoples of Cuba, the US, and others. Viva Cuba Libre!

Insurance companies canceled coverage on houses in neighborhoods that later burned. Government officials blame climate change, but the real problem lies with state and local governments.

Auron MacIntyre has amassed a following in conservative circles, and David Gordon notes that while MacIntyre makes some good points on governance, he has much to learn about how free markets work.

The Federal Reserve and so-called government stabilizers exist ostensibly to balance a market economy that supposedly is fundamentally unstable. But what if government intervention itself causes the instability?

Libertarians generally agree that slavery violates libertarian principles, but how does one deal with the aftermath of abolition? How best to justly compensate former slaves for what was taken from them by slaveowners? Wanjiru Njoya examines some libertarian alternatives.