Free Markets

As the economy moves into recession, we should understand how we got there and what is needed to bring about a quick and lasting recovery.

The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

One place a price system manifests itself is the sports betting markets. The results are surprisingly accurate.

Europe is in crisis, thanks to its progressive leadership. Václav Klaus, former president of the Czech Republic, points out the problems and offers a remedy: free markets.

In presenting her economic plan, Liz Truss failed spectacularly on one thing: cutting spending. Otherwise, a "tax cut" is not a tax cut at all.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

One place a price system manifests itself is the sports betting markets. The results are surprisingly accurate.

Government programs like Medicare are called insurance, yet they are anything but. There is a difference between public and private plans.

In presenting her economic plan, Liz Truss failed spectacularly on one thing: cutting spending. Otherwise, a "tax cut" is not a tax cut at all.