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Free Enterprise Zone

Classic and contemporary works, essays, commentary and analysis in defense of free enterprise and private property domestically and fair trade and American independence/full sovereignty internationally, upholding George Washington’s policy of avoiding all permanent and entangling alliances with foreign powers,  such as we now witness under the United Nations and its various Article 32 regional “free trade”, security, or other arrangements, i.e., the WTO, GATT, NAFTA, NATO, SEATO, the European Union, and so forth).

Are Recessions Inevitable?

BY RON PAUL Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note...

The Great Crash and Depression: 90 Years Later

It's imperative that readers get reacquainted with the politics and economics of that terrible episode in American history. BY LAWRENCE W. REED Ninety years ago this...

A Note On Books, by Henry Hazlit

BY HENRY HAZLIT Economics In One Lesson, Part Three, Chapter 25: A Note On Books Those who desire to read further in economics should turn next...

Pelatiah Webster: America’s Adam Smith and a Forgotten Founder

In 1776, the same year the Declaration of Independence appeared in America, Pelatiah Webster started publishing a series of essays on economic matters BY LAWRENCE...

The Lesson Restated – Henry Hazlit

BY HENRY HAZLIT Economics In One Lesson, Part Three, Chapter 24: The Lesson Restated Economics, as we have now seen again and again, is a science...

The Assault on Savings

BY HENRY HAZLIT Economics In One Lesson, Chapter 23 From time immemorial proverbial wisdom has taught the virtues of saving, and warned against the consequences of...

The Mirage of Inflation

BY HENRY HAZLIT Economics in One Lesson, Chapter 22 I have found it necessary to warn the reader from time to time that a certain result...

The Function of Profits

BY HENRY HAZLIT Economics In One Lesson, Chapter 21 The indignation shown by many people today at the mention of the very word “profits” indicates how...

Leonard E. Read on Why Means Matter More Than Ends

GARY M. GALLES, FOUNDATION FOR ECONOMIC EDUCATION History has produced an almost endless supply of those who would remake society into the utopia they imagine....

“Enough to Buy Back the Product”

BY HENRY HAZLITT Economic in One Lesson, Chapter 20 Amateur writers on economics are always asking for “just” prices and “just” wages. These nebulous conceptions of...

Monopoly Might Be a Zero-Sum Game, but Wealth Isn’t.

Used with the permission of the Foundation for Economic Education.

‘Justice’ Is the Word of the Year, and ‘Social Justice’ Is Its Orwellian Opposite

BY MARK W. HENDRICKSON The Merriam-Webster Dictionary has declared “justice” its “Word of the Year” for 2018, owing to a 74 percent year-over-year increase in...

Virginia Couple Scores First Round Victory in First Amendment Fight

Army veteran and wife are suing State Council of Higher Education for Virginia for right to teach job skills ANDREW WIMER, INSTITUTE FOR JUSTICE Arlington, Va....

U.S. Supreme Court to Decide on Discriminatory State Laws Against Newcomers

JOHN E. KRAMER, INSTITUTE FOR JUSTICE Arlington, Va.—Doug and Mary Ketchum moved to Memphis in 2016 with the dream of buying a business that would...

Welfare Cowboy

CHRIS EDWARDS, CATO INSTITUTE A reporter called the other day to ask what I thought about the National Endowment for the Arts (NEA) giving subsidies...

Free Enterprise: The Key to Economic Prosperity

BY CLARENCE B. CARSON This classic essay on economic philosophy was originally published Oct 01, 1985 in The Freeman (the then monthly print journal of...

The Politics of E15

BY MARK W. HENDRICKSON On October 9, President Donald Trump announced that he was lifting the EPA’s ban on summertime sales of E15—a motor fuel...

Ready for Some Good News?

BY MARK W. HENDRICKSON We are constantly bombarded with bad news. There are disasters, dangers, challenges, and woes. On the political scene, we find perpetual...

Keep carbon taxes in the ground

BY PAUL DRIESSEN ~Permanently bury these job-killing proposals, after pounding wooded stakes through their hearts~ The House of Representatives recently passed a sense of Congress resolution...

Finally! Some fuel economy common sense

BY PAUL DRIESSEN ~But Greens go apoplectic over rule change that would have no climate or other benefits~ Corporate Average Fuel Economy (CAFÉ) standards were devised...