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Free Enterprise Zone

Classic and contemporary works, essays, commentary and analysis in defense of free enterprise and private property domestically, as well as fair markets and America's sovereignty (to include avoiding permanent and entangling alliances) internationally under the United States Constitution.

BY HENRY HAZLIT Economics In One Lesson, Chapter 11 A mere recital of the economic policies of governments all over the world is calculated to cause any serious student of economics to throw up his hands in despair. What possible point can there be, he is likely to ask, in discussing...
BY HENRY HAZLIT Economics In One Lesson, Chapter 10 The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor. It is for this reason that...
BY HENRY HAZLIT Economics In One Lesson, Chapter 9 When, after every great war, it is proposed to demobilize the armed forces, there is always a great fear that there will not be enough jobs for these forces and that in consequence they will be unemployed. It is true that, when...
BY HENRY HAZLIT Economics In One Lesson, Chapter 8 I have referred to various union make-work and featherbed practices. These practices, and the public toleration of them, spring from the same fundamental fallacy as the fear of machines. This is the belief that a more efficient way of doing a thing...
Lawrence W. Reed is President of the Foundation for Economic Education and the author of the book Real Heroes: Inspiring True Stories of Courage, Character and Conviction. Used with the permission of the Foundation for Economic Education.
BY WALTER WILLIAMS One of the most challenging and important jobs for an economics professor is to teach students how little we know and can possibly know. My longtime friend and colleague Thomas Sowell says, “It takes considerable knowledge just to realize the extent of your own ignorance.” Nobel laureate Friedrich...
BY PAUL DRIESSEN ~Or at least by paper certificate, as St. Louis city council raises electricity costs for poor families~ In 2016, Missouri generated 96.5% of its electricity with fossil fuel and nuclear power, 1.6% with hydroelectric, and just 1.5% with wind and solar. The St. Louis Metro Area did roughly...
BY HENRY HAZLIT Economics In One Lesson, Chapter 7   Among the most viable of all economic delusions is the belief that machines on net balance create unemployment. Destroyed a thousand times, it has risen a thousand times out of its own ashes as hardy and vigorous as ever. Whenever there is...
BY HENRY HAZLIT Economics In One Lesson, Chapter 6   Government “encouragement” to business is sometimes as much to be feared as government hostility. This supposed encouragement often takes the form of a direct grant of government credit or a guarantee of private loans. The question of government credit can often be complicated,...
BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 5 There is a still further factor which makes it improbable that the wealth created by government spending will fully compensate for the wealth destroyed by the taxes imposed to pay for that spending. It is not a simple...
BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 4 There is no more persistent and influential faith in the world today than the faith in government spending. Everywhere government spending is presented as a panacea for all our economic ills. Is private industry partially stagnant? We can fix...
DAVID BOAZ, CATO INSTITUTE Today is the 250th anniversary of the birth of Benjamin Constant, a prominent French liberal in the postrevolutionary era, whom Isaiah Berlin called “the most eloquent of all defenders of freedom and privacy.” He is perhaps best known in our time as the author of an essay – actually a...
BY ALLEN WEST As predicted, it was a rough college football Saturday for me. The third Saturday in October is an SEC tradition, Tennessee versus Alabama. It was a bloodletting as my Vols went down to the number one ranked Crimson Tide 45-7. I sat there watching bits and pieces,...
BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Part 2, Chapter 3 So we have finished with the broken window. An elementary fallacy. Anybody, one would think, would be able to avoid it after a few moments’ thought. Yet the broken window fallacy, under a hundred disguises, is the...
BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Part 2, Chapter 2 Let us begin with the simplest illustration possible: let us, emulating Bastiat, choose a broken pane of glass. A young hoodlum, say, heaves a brick through the window of a baker’s shop. The shopkeeper runs out furious, but...
BY PAUL DRIESSEN ~Erroneous recent calculation highlights need to assess renewable energy sustainability claims~ It’s amazing, though hardly surprising, how quickly some used Hurricane Harvey’s devastation to claim that fossil fuel emissions are driving catastrophic climate change and weather. Their proffered solution, of course, is to replace those fuels with “clean,...
ROMINA BOCIA, HERITAGE FOUNDATION The Trump administration put a stop this week to an Obama-era rule that would have hurt the wage and employment prospects of all workers, and would have harmed women and minorities the most. The rule would have required companies with 100 or more workers to report detailed...
BY PAUL DRIESSEN ~Imagine what a Tesla or wind turbine would cost if the Left followed its own “principles”~ “Nobody wants to buy something that was made by exploiting someone else,” Ben & Jerry’s and Fair Trade co-founder Jerry Greenfield likes to tell us. Let’s hope he doesn’t drive an electric...
BY PAUL DRIESSEN ~Falsifying or ignoring data that don’t support conclusions or agendas is worse than junk science~ The epidemic of agenda-driven science by press release and falsification has reached crisis proportions. In just the past week: Duke University admitted that its researchers had falsified or fabricated data that were used to...
BY PAUL DRIESSEN ~Replacing fossil fuels with renewable energy would inflict major land, wildlife, resource damage~ Demands that the world replace fossil fuels with wind, solar and biofuel energy – to prevent supposed catastrophes caused by manmade global warming and climate change – ignore three fundamental flaws. 1) In the Real World...