Free Markets

When politicians speak of "freedom," they usually mean expropriating wealth from one person and giving it to another. That is not freedom at all. Perhaps a better word to use is "liberty."

It would be instructive to see how many banks would survive if the massive governmental props were finally taken away.

The latest from the world of social media is the role of "influencers." There is a perfectly good economic explanation for their popularity.

Two "distinguished" healthcare analysts have examined the medical system in the USA and conclude that the REAL problem is . . . large hospitals. Dale Steinreich applies economic analysis to their claims.

President Biden's call for more protectionism isn't aimed improving the US economy. Instead, it is about creating a war-footing autarky.

Two "distinguished" healthcare analysts have examined the medical system in the USA and conclude that the REAL problem is . . . large hospitals. Dale Steinreich applies economic analysis to their claims.

Neo-Calvinist economic thought claims that prices and private property cause scarcity. However, they provide no methodology for their claims.

It is easy to dismiss Chinese advancements in electric vehicles as the result of government subsidies, but private entrepreneurship also is playing a major role.

In our technocratic age, it is easy to dismiss the latest technological developments as an avenue toward freedom, but some of them still bode well for markets.

President Biden's recent call to "buy American" is doomed to failure, just like all other protectionist schemes.