Free Markets

Listening to the critics of capitalism, you would think that competition is one of the main sources of social evil in the world.

Like Mises himself, the Mises Institute seeks "the perfect cooperation of all mankind, taking place peacefully and without friction."

No, race relations aren't getting worse. They're far better than they were decades ago, and the marketplace has been a key factor in improving matters.

The upshot is that protectionism is not only nonsense, but dangerous nonsense.