MARKETS

Trump’s Politicizing of Monetary Policy Won’t Fix the Federal Reserve’s Failings

Trump’s proposed reform would make the Fed an arm of the White House. It would be a step in the wrong direction.

Dollar Stores are a Beautiful Thing

Dollar Stores are a Beautiful Thing

Carlson is entitled to his view of dollar stores as being ugly, but for individuals and families who appreciate the offerings, services, and availability of a discount retailer in their neighborhood, it is surely a beautiful thing.

Misunderstanding the Meaning of a “Monopoly”

Misunderstanding the Meaning of a “Monopoly”

As long as government secures and protects private property rights, enforces all contracts entered into voluntarily and through mutual agreement, and assures law and order under an impartial rule of law, “monopoly” as an economic or social problem is virtually non-existent. But introduce government intervention into the market system, and monopoly invariably becomes a social harm and an economic problem.

Henry Hazlitt on Liberty: 21 Choice Quotes

Henry Hazlitt on Liberty: 21 Choice Quotes

Hazlitt’s most important contribution was his consistent defense of the central importance of liberty in American life, even though it lost him more than one job. At a time when real commitment to liberty is scarce, Americans need to remember his wisdom.

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