Free Markets

Hunter Hastings outlines how technology can help empower entrepreneurship and usher in a new age of individualism.

Democratic socialism in Britain in the late 1940s brought a wave of shortages with rations falling even below WWII standards.

Why is the aviation world all atwitter? Peter Klein explains what free market competition is and is not.

Should the government impose its own standards for certification for physicians? The short answer is "no."

Those who advocate equality of income distribution overlook the most important point, namely, that the total available for distribution, the annual product of social labor, is not independent of the manner in which it is divided.

Is government spending on infrastructure less of a misallocation than other spending?

Every now and then, I get a letter from a reader that is full of great observations. Here is one of them:

Laissez faire means: Let the common man choose and act; do not force him to yield to a dictator.

Nine cities in Romania rank in the top 15 in the world with the highest speed of Internet connection. According to Bernie Sanders, this is "unacceptable and must change."

Politics operates according to principles that would horrify us if we observed them in our private lives, and would get us arrested if we lived by them. The state can steal and call it taxation, kill and call it war, writes Lew Rockwell.