Advice for Presidential Candidates from Bastiat

BY LAWRENCE W. REED Whether conjured up by something I ate before bedtime, or by the cheesy horror flick I watched a few nights before,...

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...

How Marx Got on the Wrong Side of History

BY RICHARD M. EBELING Those who speak about being on the “right side of history” have, knowingly or not, adopted a central element in Karl...

Three Cheers for Trade and None for TPP

BY MARK W. HENDRICKSON Last month, retired Rep. John Linder wrote a clear-headed article about the benefits of trade. A week-and-a-half later, FedEx founder and CEO, Frederick...

5 Ideas at the Heart of Socialism

LAWRENCE W. REED, THE FREEMAN The good news is that more millennials are skeptical of economic intervention than trust the government to improve anything. The...

Bernie the Bigot?

BY MARK HENDRICKSON I abhor the name calling that degrades our political discourse, especially in election years; hence, the question mark in the title. I...

Is the Federal Minimum Wage Unconstitutional?

BY MARK HENDRICKSON It’s a familiar political scenario: Behind the fig leaf of compassion and fairness, progressives and the union-dominated Democratic Party want the federal...

The Fed’s Lack of Appreciation for the Healing Power of Markets

DANIEL L. THORNTON, CATO INSTITUTE In my recent Cato Institute policy analysis, “Requiem for QE,” I analyze the transcripts of the 2008 and 2009 Federal...

The ‘Phishing For Phools’ Book That Should Have Been Written

BY MARK HENDRICKSON “Phishing for Phools: The Economics of Manipulation and Deception,” is a trivial work from two bright, kindly, likable scholars, Nobel Prize-winning economists,...

Today’s Progressives Want To Take Us Back To The 16th Century

BY MARK HENDRICKSON Life in the 16th century was bleak. Unless you were lucky enough to have been born into the sliver of the population...

Restraints Upon Foreign Imports Of Goods Produced At Home

An Inquiry Into the Nature and Causes of the Wealth of Nations by Adam Smith, 1776 2013 - 2015 Internet Edition (with occasional explanatory notes) by...

How Many People Can Planet Earth Sustain?

Why the 'Population Bomb' is a Dud ROBERT P. MURPHY, THE FREEMAN Asked whether or not the growing world population will be a major problem, 59%...

On Freedom and Order

BY LEONARD E. READ, THE FREEMAN Originally published by The Freeman: Ideas On Liberty, January 1965 My purpose in this essay is to throw some light...

The Gig Economy Makes Karl Marx’s Dreams Come True

And It's All Capitalism's Doing MAX BORDERS, THE FREEMAN When Joe Average steps out of his car after completing his shift for Lyft, he does so...

The Need to Balance the Budget and Reduce Federal Debt

CHRIS EDWARDS, CATO INSTITUTE Committee on the Budget United States House of Representatives Mr. Chairman and members of the committee, thank you for inviting me to testify....

How to Outsource Your Compassion to the Government

Economic Intervention Punishes Those Who Help Most ROBERT P. MURPHY, THE FREEMAN I saw the mom and her two little kids camped out in the shopping...

Capitalist Theory Is Better Than Socialist Reality

In This Case, Turnabout Is Fair Play SANDY IKEDA, THE FREEMAN Tell someone on the left that crony capitalism is not the same as the free...

Inequality: The Rhetoric and Reality

JAMES A. DORN, THE FREEMAN The publication of Thomas Piketty’s bestseller Capital in the Twenty-First Century has led to widespread attention on the rising gap...

Socialism is War and War is Socialism

STEVEN HORWITZ, THE FREEMAN " planning does not accidentally deteriorate into the militarization of the economy; it is the militarization of the economy.… When the...

Bastiat: God, ‘The Law’, and the Rights of Man

LIBERTY LETTERS WITH STEVE FARRELL Sometimes secularism sounds legitimate. One of the more thoughtful arguments used by proponents of a secular state, or of a state...

Bastiat: God, 'The Law', and the Rights of Man

LIBERTY LETTERS WITH STEVE FARRELL Sometimes secularism sounds legitimate. One of the more thoughtful arguments used by proponents of a secular state, or of a state...

Misdiagnosing Inequality And The Cause Of Middle-Class Woes

Responding to Nobel Economist Joseph Stilitz's Yahoo.com Interview BY MARK W. HENDRICKSON In an interview posted on Yahoo.com (April 23), Nobel Prize-winning economist Joseph Stiglitz spoke...

Wisconsin's Right To Work Law And The Fatal Flaws Of Unionism

BY MARK W. HENDRICKSON When even historically progressive Wisconsin adopts a right to work law—making employee payments to a union voluntary instead of mandatory—it’s a...

Wisconsin’s Right To Work Law And The Fatal Flaws Of Unionism

BY MARK W. HENDRICKSON When even historically progressive Wisconsin adopts a right to work law—making employee payments to a union voluntary instead of mandatory—it’s a...

Ownership Must Be Tempered by Sharing

LAWRENCE W. REED, THE FREEMAN Clichés of Progressivism, Part 16 Progressives have a problem with ownership, especially when it’s yours. The very notion seems to conjure...

Unionism's Fatal Flaws, Part Two: Double Standards

BY MARK W. HENDRICKSON Quite predictably, my article last week about Wisconsin adopting a right to work law elicited comments pro and con. I didn’t...

Unionism’s Fatal Flaws, Part Two: Double Standards

BY MARK W. HENDRICKSON Quite predictably, my article last week about Wisconsin adopting a right to work law elicited comments pro and con. I didn’t...

On the Centennial of the Birth of a Giant

LAWRENCE W. REED, THE FREEMAN April 25, 2015, marks a century since John James Cowperthwaite entered the world. It’s a birthdate that deserves celebration everywhere. I...

Adam Smith: Free Private Enterprise Vs. The Folly of Human Laws

FREE ENTERPRISE ZONE: FUNDAMENTAL PRINCIPLES 1776 The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security...

Wisconsin’s Right to Work Law and the Fatal Flaws of Unionism

MARK W. HENDRICKSON When even historically progressive Wisconsin adopts a right to work law—making employee payments to a union voluntary instead of mandatory—it’s a sign...