BEGINNER

Free Market

An economy where individuals own property and engage in the exchange of goods and services. Exchange is voluntary and takes place between two parties. A pure, free market economy that excludes all economic intervention by the government, both in the form of regulation of and subsidies to business, has never existed.

Steve Horwitz - Regulation and Intervention

Paul Cwik - Problems and Prices

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ARCHIVE

Vision

AUGUST 03, 2009 by LEONARD E. READ

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THE CALLING

Free Markets Are a Woman's Best Friend

The overlooked source of liberation.

MAY 03, 2012 by STEVEN HORWITZ

Although it rarely gets the credit, capitalism liberated women from centuries of second-class citizenship.

THE CALLING

Diversity and the Free Market

Guess what diversifies humanity.

FEBRUARY 05, 2010 by STEVEN HORWITZ

If the supporters of diversity really mean it, they should be much more supportive of markets than they generally are.

IT JUST AIN'T SO

The Free Market Is Failing?

This Reaction to Economic Bad News Is as Old as Capitalism Itself

DECEMBER 01, 2008 by STEVEN HORWITZ

Related Multimedia

MULTIMEDIA - VIDEO

Entrepreneurship and Market Process

FEBRUARY 14, 2011

MULTIMEDIA - AUDIO

Entrepreneurship and Market Processes II

JULY 18, 2010

MULTIMEDIA - AUDIO

Individual Liberty, Free Markets and Peace

JUNE 24, 2010

MULTIMEDIA - VIDEO

Morality and the Market

MARCH 18, 2010

MULTIMEDIA - VIDEO

Capitalism vs. the Free Market

MARCH 03, 2010

ONLINE EVENTS

FEE offers live online events for people new to the economic, ethical, and legal principles of a free society.

CURRENT ISSUE

April 2014

Around the world, people are struggling to throw off authoritarianism, with deeply mixed results. From Egypt to Venezuela, determined people build networks to overthrow their regimes, but as yet we have not learned to live without Leviathan. In this issue, Michael Malice and Gary Dudney discuss their glimpses inside totalitarian regimes, while Sarah Skwire and Michael Nolan look at how totalitarian regimes grind down the individual--and how individuals fight back. Plus, Jeffrey Tucker identifies a strain in libertarianism that, left unchecked, could reduce even our vibrant movement to something that is analogous to the grim aesthetic of architectural brutalism. The struggle for our lives and freedom is a struggle for beauty; it begins inside each of us.
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