Free Markets

Peter G. Klein presents a Misesian commentary on Federal Reserve chairman Ben Bernanke's recent decision against tapering the Fed's ongoing quantitative easing scheme.

Mainstream economics remains wedded to using data as an end in itself, such that the availability of data alone often determines the extent of economic inquiry.

Trade is in its nature free, finds its own channel, and best directs its own course.

What is anarchism? Free markets cannot exist without the state or the state is the greatest enemy of free markets.

What might the people of Detroit achieve if regulatory barriers to productive work were eliminated? 

Each expansion of government’s reach shrinks freedom and restricts expanding social cooperation.

If we understand the business cycle, there is no need to look to animal spirits or any ill-defined exogenous forces.

Privacy is the essence of liberty.  Privacy and property are interlocked.

The anti-imperialistic tradition in America</br> — and in the world — will be an important</br> element in this course.

The viewing public still responds to films and television shows that champion freedom.