All Posts Tagged With: "free market"
Competition
Give Me a Break!
Competition
by John Stossel
John Stossel is the hosts of Stossel on Fox Business and the author of Myths, Lies, and Downright Stupidity: Get Out the Shovel—Why Everything You Know is Wrong. Copyright 2009 by JFS Productions, Inc. Distributed by Creators Syndicate, Inc.
“Choice, competition, reducing costs—those
are the things that I want to see accomplished [...]
Free-Marketeers Should Welcome Regulation?
In a Wall Street Journal op-ed, Paul Singer, chairman of the Manhattan Institute, suggests that “there is an urgent need for a new global regulatory initiative” to address the causes of the worldwide financial collapse and that even those who appreciate the qualities of free markets should welcome the new and different regulations he proposes [...]
23Sep2009 | Peter Lewin | 0 comments | ContinuedHealth Care: A Future Free-Market Alternative
I visit a new doctor because of complaints I’ve been having. The primary-care doctor begins his first visit with me by explaining his payment system. I need to put down a retainer based on his assessment of the time it will take him to deal with my problem, which he’ll inform me of at the [...]
23Sep2009 | Ross Levatter | 5 comments | ContinuedCompetition Would Save Medicine, Too
Competition so regularly brings us better stuff—cars, phones, shoes, medicine—that we’ve come to expect it. We complain on the rare occasion the supermarket doesn’t carry a particular ice-cream flavor. We just assume the store will have 30,000 items, that it will be open 24/7, and that the food will be fresh and cheap.
I take it [...]
Human Action: The 60th Anniversary
We are celebrating the 60th anniversary of a great book, Human Action: A Treatise on Economics, by a learned man and a clear thinker: the Austrian economist Ludwig von Mises. It presents Mises’s understanding–after long years of study and thought–of how the market economy functions. It is a major contribution to human knowledge.
Interventionist ideas dominated [...]
Inclined to Liberty: The Futile Attempt to Suppress the Human Spirit
Some people, writes Louis Carabini, are naturally “inclined to liberty.” That is, their thoughts revolve around voluntary action to accomplish their objectives and solve problems. As a Freeman reader, you are probably such an individual. On the other hand, there are many others who are instinctively drawn to coercion to accomplish their objectives and solve [...]
21May2009 | George C. Leef | 0 comments | ContinuedGovernment Fundamentalism
Many free-market economists like me are quite willing to admit that markets don’t work perfectly and to examine and accept government solutions if their advocates can show how governments can be motivated to actually carry them out. And yet we are called market fundamentalists. On the other hand, many people who call us that are unwilling to change any of their views about the efficacy of government intervention no matter how badly the intervention works. Who are the fundamentalists here?
21May2009 | David R. Henderson | 10 comments | ContinuedPresidents Can’t Manage the Economy
The presidential candidates have been repeatedly asked how they would “manage the economy.” With the exception of Ron Paul, every candidate has accepted the premise that this is something the president of the United States should do. Or can do.
Nonsense.
Democrats act like the president is national economic manager. Republicans pay lip service to free markets, [...]
Athletes’ Salaries Too High? Sports Fans, Blame Yourselves
Gene Callahan is the author of Economics for Real People.
I was sitting in a sports bar recently when the bartender and three of the patrons near me began discussing the salary of New York Yankee third-baseman Alex Rodriguez. (Rodriguez currently makes roughly $25 million per season.) One of the customers said it was absurd that [...]
Adam Smith in China
James Dorn is a China specialist at the Cato Institute and professor of economics at Towson University in Maryland. A shorter version of this article first appeared in the Times of India, January 24, 2007.
China’s transition from plan to market since 1978 has not only increased prosperity but also has led to a new way [...]
The Lasting Legacy of the Reagan Revolution
Richard Ebeling is president of FEE.
Former President Ronald Reagan passed away June 5 at the age of 93. Both while he was in office, from 1981 to 1989, and in the years since, Reagan has been loved and adored by many on “the right” and hated and ridiculed by most on “the left.” During his [...]
The Big We Really Need to Beware
Wayne Dunn (WayDunn@aol.com) is a freelance writer living in Tennessee.
It’s funny how an innocent little word like “big” can be used to help conjure up images of corruption. Just think of what’s usually meant by “big oil,” “big drug companies,” and “big corporations.”
But are big businesses inherently bad, as some would like us to believe?
Consider [...]
Government Control of Medicine: Thanks, But No Thanks
Ralph Hood is writer in Huntsville, Alabama.
Several years ago my doctor informed me that I have diabetes. I was, of course, horrified. What did I know about diabetes? He gave me info and directions, but I was overwhelmed. Then he handed me a box full of coupons and a list of what to buy at [...]
Thoughts of Miracles on the Plane
William Zieburtz is a dad, economist, and frequent traveler residing in Atlanta, Georgia.
I am right now flying through the air. It is just me, just regular old me, just my mother’s son, and yet I am flying 37,000 feet above the ground. It seems miraculous, and miracles give rise to questions. The first being—what forces [...]
The Return of Activist Government?
In the New York Times of December 13, 2001, John D. Donahue joins the crowd that is presently arguing—or hoping—that the events of September 11, 2001, have cleared a path for the “revival” of big, all-knowing government. I do not wish to argue, here, why that might be undesirable. I do contest Donahue’s historical construction [...]
1May2002 | Joseph Stromberg | 0 comments | ContinuedBetween Power and Liberty: Economics and the Law edited by Richard M. Ebeling
Hillsdale College Press • 1998 • 169 pages • $9.95 paperback
Philip Murray is an associate professor of economics at Webber College in Babson Park, Florida.
Between Power and Liberty: Economics and the Law, is the publication of the 1997 Ludwig von Mises lectures at Hillsdale College. The book’s title comes from James Madison’s description of the [...]
Enterprising Southerners: Black Economic Success in North Carolina, 1865-1915 by Robert C. Kenzer
University Press of Virginia • 1997 • xvi + 178 pages • $30.00
Richard Gamble is a professor of history at Palm Beach Atlantic College.
In this meticulous and tightly argued volume, historian Robert Kenzer corrects what he describes as the prevailing “monolithic” view of the economic condition of North Carolina blacks in the 50 years between [...]
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The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let it Happen
By Arthur B. Laffer, Stephen Moore, and Peter J. Tanous
