Free Markets

I’ve noticed that the following Rothbard quote tends to circulate periodically amongst free-market groups:

To support free markets is to invite criticism on virtually every policy issue.

A real free trade agreement should be short and unilateral. It would then truly allow the market to bring about a pattern of international trade in line with the scarcity of resources and with entrepreneurial judgment about their most efficient international allocation. The TPP, on the other hand, was created to interfere with this pattern: to distort it for more political power or for more economic gain for some groups or others. It was created to take trade flows from the course prescribed by voluntary agreements and divert them into that prescribed by political agreements. 

Less Marx, More Mises? Helio Beltrão explains what's going on in Brazil.

Recorded in Lake Jackson, Texas, on Saturday, 15 August 2015.

Boston joins a growing number of cities where the taxpayers decided they didn't want to deal with the massive costs of hosting the Olympic games. As a bastion of crony capitalism, however, the games are still quite popular among politicians and business "leaders."

Modern health "insurance" is really just a wealth-transfer scheme that now ignores risk and true costs.

Learn the fundamentals of the Austrian school.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.