The Free Market

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How Economic Progress Is Made

The Entrepreneur

04/03/2013The Free Market
The Free Market 31, no. 4 (April 2013) T he remarkable prosperity that people in capitalist economies enjoy at the beginning of the twenty-first century ranks at the very top of all achievements of human civilization. This prosperity is all the more remarkable when one realizes that the economic...


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Without the State, Who Would Invent Tang?

The EntrepreneurMoney and BanksMoney and Banking

03/01/2013The Free Market
During the 2012 presidential campaign, President Obama made his now famous claim that “you didn’t build that” in reference to the infrastructure that businesses use to provide goods and services to customers.


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Real Austerity

Big GovernmentMoney and Banking

02/25/2013The Free Market
The Free Market 31, no. 2 (February 2013) Austerity has been hotly debated as either an elixir or a poison for tough economic times. But what is austerity? Real austerity means that the government and its employees have less money at their disposal. For the economists at the International Monetary...
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A Political Hell on Wheels

Media and CultureU.S. History

02/07/2013The Free Market
The first Transcontinental’s were all creatures, not of capitalism or the private markets, but of government.
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Two Sides of the Same Debased Coin

Money and BanksMoney and Banking

01/31/2013The Free Market
Crony capitalism and Keynesianism are just two sides of the same debased coin.
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A Very Special Year

EducationMedia and Culture

12/01/2012The Free Market
Celebrating anniversaries for the Austrian School of economics. One hundred years ago, Ludwig von Mises began his career as an intellectual leader and creative genius with his groundbreaking The Theory of Money and Credit . Fifty years ago, Murray Rothbard took his own place in the ranks of...
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Life Before FEMA

Big GovernmentThe Environment

09/30/2012The Free Market
The Free Market 30, no. 9 (September 2012) For real life-headlines worthy of The Onion , one needs look no further than the doings of the U.S. government and its agencies. One week after Hurricane Sandy devastated the New York area, with a new storm on the way and almost 10,000 Staten Islanders...
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The Keynesian Abyss

Big GovernmentInterventionism

08/31/2012The Free Market
Politicians used Keynesian economics to justify big government, a welfare state, and budget deficits. The Federal Reserve sought to grow the economy through monetary expansion, thereby crippling it. At the same time, Wall Street sought higher profits through influence over the government.


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Horrible Schools for the Whole World


07/30/2012The Free Market
Education is a lifelong process of learning, and learning takes place not only in school, but in all areas of life.


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The Brilliance and Bravery of Ludwig von Mises

BiographiesHistory of the Austrian School of Economics

04/02/2012The Free Market
The impacts of Mises’ life and work have been resounding now for 100 years


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