MARKETS

Business Schools Undermine Wealth Creation

Students should be reminded that money-making is not an evil endeavor when done ethically and efficiently, and productive pursuits do not need to be tasked with tackling societal ills.

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.

Junk Insurance

Junk Insurance

Obamacare plans are often “junkier” than available short-term plans for a large number of Americans in a large number of circumstances.

The DOJ’s Coercive Case against Google

The DOJ’s Coercive Case against Google

One of the DOJ’s main criticisms is how Google established itself early on as the default search engine for Apple and Android products, yet doing so was simply shrewd business strategy. Anyone with the opportunity to do so would have done the same.

The Multiyear Decline in US Economic Freedom

The Multiyear Decline in US Economic Freedom

Economic freedom in the world has plunged in recent years, due mainly to the interventions and fiscal-monetary profligacy associated with COVID shutdowns, mandates, and subsidies. The global measure is given in Figure One. This is a significant reversal of freedom’s...

Celebrating Work

Celebrating Work

Let’s celebrate the important value of work on Labor Day—and demand that our governments stop killing jobs through their taxes, climate action plans and regulations and let people invest, trade, and work freely.

Maximizers and Monopolies, A Benefit to Society

Maximizers and Monopolies, A Benefit to Society

Consumers will choose the best options, or only options, according to their interests and perceptions of value – and companies can either cater to existing needs and wants or create new ones. That is why capitalism is such a beautiful thing, and why the only time monopoly concerns should arise is when government cronyism is involved.

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