Free Markets

Ludwig von Mises was asked to respond to the question: "Are the interests of the American wage earners in conflict with those of their employers, or are the two in agreement?" 

Genuine competition can serve as the only real “limit” on state power.

Mark Thornton discusses Martin Wolf's recent claim that "cautious savers no longer serve a useful economic purpose".

One of Carl Menger’s contributions was his primacy of the consumer in determining value and price, not only in the marketplace but in all economic activity.

Enemies of laissez faire wish to saddle it with much unsavory baggage.

Jeff Deist explains why it is important to say what we mean when discussing the economy and the state.

The affluence of free markets makes it possible to pursue goals few of us would have the means to pursue otherwise, writes Gary Galles.

Mark Thornton explains why the government's latest unemployment numbers are a sham, and the labor market is nowhere near recovered.

Gary Becker passed away on May 4, 2014 at age 83.

The “thin” libertarian simply believes in the nonaggression principle.