Free Market


Big Pharma Makes Drugs that Please Regulators, Not Customers

By Mark Thornton Mises Institute October 30, 2017   Big Pharma Makes Drugs that Please Regulators, Not Customers   The Washington Post and “60 Minutes” have just peeled back another sordid layer in the War on Drug by exposing Big Pharma’s role in expanding the Opiod Crisis that has resulted in more than 30,000 deaths per […]

Big Pharma Makes Drugs that Please Regulators, Not Customers

Krugman and the "Heroic" Fed

Krugman and the “Heroic” Fed

By William L. Anderson Mises Institute October 18, 2017   Krugman and the “Heroic” Fed   Once an avid reader of Paul Krugman’s New York Times twice-weekly columns, I admit to rarely even glancing at his work now, since I know that anything he writes is going to have the theme of “Trump evil, Democrats good” each time, and […]


Government Regulation and Crony Capitalism is Keeping Thousands in Florida without Power

By Tho Bishop Mises Institute September 22, 2017   Government Regulation and Crony Capitalism is Keeping Thousands in Florida without Power   Almost two weeks have passed since Hurricane Irma made landfall in South Florida, yet tens of thousands remain without power. With temperatures regularly eclipsing over 90 degrees, these outages are not only a grave inconvenience […]

Government Regulation and Crony Capitalism is Keeping Thousands in Florida without Power

Free Market Alternatives To Obamacare

Free Market Alternatives To Obamacare

By Jeff Paul Activist Post August 12, 2017   Free Market Alternatives To Obamacare     Why do car insurance companies charge more for teenage boy drivers? Because they pose a higher risk of filing an insurance claim from accidents, mud bogging, speeding tickets, etc. Insurance companies must manage a pool of risk against potential […]


How Government Invented Our Modern, Inefficient Prison System

By Chris Calton Mises Institute August 10, 2017   How Government Invented Our Modern, Inefficient Prison System   In the modern legal system, the victim of the crime gets punished twice. In the case of a robbery, for example, the victim gets robbed by the thief and then, if the criminal is actually arrested and imprisoned, […]

How Government Invented Our Modern, Inefficient Prison System

The Future of Healthcare is Already Here

The Future of Healthcare is Already Here

By Austin Schanzenbach Foundation for Economic Education July 11, 2017   The Future of Healthcare is Already Here     Let’s imagine a scenario where you no longer need to use insurance for health care. No more calling on pre-approval for services or fighting over the phone with monotone customer service reps over denied claims. […]


Under Socialized Medicine, The State Owns You

By Justin Murray Mises Institute April 26, 2017   Under Socialized Medicine, The State Owns You   As Americans were spending time scrambling to give the IRS theirannual protection fee, the court system in the United Kingdom, at the behest of National Health Service bureaucrats, abducted and murdered an 8-month-old baby. This brazen abduction was done […]

Under Socialized Medicine, The State Owns You

Has Middle Class America Been Fleeced?

Has Middle Class America Been Fleeced?

By Hunter Lewis Against Crony Capitalism April 10, 2017   Has Middle Class America Been Fleeced?     Noah Smith, writing in Bloomberg, says that it has indeed been fleeced by our national economic policies. We agree. But which policies have been responsible?   Smith mentions and immediately dismisses trade, immigration, economic regulation, and welfare policies. […]


How the Market Creates Jobs and How the Government Destroys Them

By Walter Block Mises Institute March 8, 2017   How the Market Creates Jobs and How the Government Destroys Them   The Creation of Jobs If the media tell us that “the opening of XYZ mill has created 1,000 new jobs,” we give a cheer. When the ABC company closes and 500 jobs are lost, we’re […]

How the Market Creates Jobs and How the Government Destroys Them

Our Huge Hidden Tax: Government Regulations

Our Huge Hidden Tax: Government Regulations

By Scott Powell Mises Institute February 21, 2017   Our Huge Hidden Tax: Government Regulations   On day one, President Trump surprised business leaders gathered at the White House, declaring US regulations “out of control” and “in need of 75% or more reduction.” A week later, he boldly signed an executive order requiring repeal of two […]


Trump, Libertarians, and Trade

By Bionic Mosquito Bionic Mosquito February 11, 2017   Trump, Libertarians, and Trade     Introduction From my post on the positive aspects of Trump for those who favor libertarianism and decentralization – certainly when compared with the alternatives – I offer one of the several positive items: He questions trade deals. I understand the […]

Trump, Libertarians, and Trade

Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market

Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market

By Frank Shostak Mises Institute January 17, 2017   Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market   The so-called multiplier arises as a result of the fact that banks are legally permitted to use money that is placed in demand deposits. Banks treat this type of money as if it was loaned to them, […]


Will Latin America Finally Embrace Markets?

By José Niño Mises Institute December 24, 2016   Will Latin America Finally Embrace Markets?   Much talk has been made lately about the Left’s recent defeats in countries throughout Latin America: Argentina, Brazil, and Venezuela most notably. These countries have been characterized by Leftist governments that had the luxury of exploiting commodity prices during the […]

Will Latin America Finally Embrace Markets?

Economic Science Has Been Hijacked

Economic Science Has Been Hijacked

By Alice Salles Mises Institute December 19, 2016   Economic Science Has Been Hijacked   In Principles of Economics, Carl Menger corrected the theoretical mistakes made by the old classical school. At the time, the founder of the Austrian school of economics seemed to want to make economics accessible to everyday people, which may explain why he […]


The Fallacies of Bernie Sanders

By David Gordon Mises Institute November 27, 2016   The Fallacies of Bernie Sanders   Where Bernie Went Wrong: And Why His Remedies Will Just Make Crony Capitalism Worse. By Hunter Lewis.  Axios Press, 2016. 284 pages. Hunter Lewis has rendered a great service with his new book. Writing from an Austrian perspective, he has […]

The Fallacies of Bernie Sanders