The Real William Graham Sumner
Sumner is wrongly accused of being a "social Darwinist." Indeed, there is considerable evidence that the entire concept of "social Darwinism" as we know it today was virtually invented decades after Sumner's death.
Free Markets
Displaying 441 - 450 of 3387
Why Do So Many Intellectuals Hate Free Markets?
[This article is excerpted from chapter 3 of Classical Liberalism and the Austrian School. Footnote numbering differs from the original.] Hayek on the Intellectuals and Socialism F.A. Hayek was acutely concerned with our problem, since he, too...
Why Ideas Dictate What We Think Is in Our Self-Interest
It is ideas that determine what people consider as their interests. Free men do not act in accordance with their interests. They act in accordance with what they believe furthers their interests.
The Misplaced Fear of “Monopoly”
The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.
Man, Economy, and State: Monopoly with Dr. Walter Block
Dr. Walter Block joins the show to discuss Rothbard's breakthroughs on monopolies and cartels, and to draw downward-sloping demand diagrams for us!
The Misplaced Fear of “Monopoly”
The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.
David Friedman on Physics, Coase, Anarcho-Capitalism, and Cancel Culture
David Friedman discusses physics versus economics with Bob Murphy.
Scott Beyer Shows How Free Markets Can Revitalize Our Cities
Scott Beyer is the author of the Market Urbanism Report, which applies free market economic principles to urban issues, such as traffic congestion and housing affordability.
A Future of Peace and Capitalism
A mini-treatise by Murray Rothbard on the market economy, socialism, peace, the economics of Jefferson, and much more.
Competition in the Marketplace
In a totalitarian system, competition means courting the favor of those in power. In the market system, competition means sellers try to outdo one another by offering better or cheaper goods and services to the buyers.
