Free Market

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Anything Peaceful

I'm Your Huckleberry

Answers from a "Free-Market Moralist"

OCTOBER 22, 2013 by MAX BORDERS

Amia Srinivasan, an Oxford fellow in philosophy, has made it all the way to The New York Times Opinionator blog, where she not only erects a voodoo-doll version of philosopher Robert Nozick, but she fails to apply the logic of Rawls to what she considers impersonal "free markets." Srinivasan then offers Nozickians (read: libertarians) four questions she thinks are gotcha questions. I decided to take up her four-question challenge.

Article

Bastiat Misread

When will the critics read with both eyes open?

AUGUST 24, 2012 by SHELDON RICHMAN

When a fan of Bastiat's sees the broken-window fallacy in government "stimulus" spending, she is on the firmest of ground.

Article

Market, State, and Autonomy

Who is the true liberal?

AUGUST 10, 2012 by SHELDON RICHMAN

If the alternative we face is between grappling with market forces and trusting a ruling elite, anyone concerned with autonomy and equality should choose the market.

Wabi-Sabi

“You Didn’t Build That . . .”

Where Obama goes wrong.

JULY 24, 2012 by SANDY IKEDA

Who created the underlying order that politicians and bureaucrats want to control? The answer is--nobody.

Article

The Market Doesn't Ration Health Care

Or anything else.

JULY 13, 2012 by SHELDON RICHMAN

Rationing suggests conscious decision-making. In a free market there is no consciousness overseeing the "distribution" of resources.

Article

Cleaning Up After the Elephants (and Donkeys)

Rigging the policy debate.

JUNE 22, 2012 by SHELDON RICHMAN

The politicians and bureaucrats have made a royal mess of things--and genuine liberals are faulted for not being able to clean it up tidily with the wave of a hand.

Article

Hayek on Individualism

True and false.

JUNE 15, 2012 by SHELDON RICHMAN

For Hayek the crucial difference is over whether societies (institutions) are largely spontaneous, emergent, and organic--or designed.

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.

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Healthcare Policy

FEBRUARY 03, 2011

Archive

From 1944 to Nineteen Eighty-Four

Hayek and Orwell.

SEPTEMBER 04, 2009 by SHELDON RICHMAN

I'm inclined to think of George Orwell and F. A. Hayek at the same time. Both showed great courage in writing the truth, undaunted by the consequences awaiting them. Both valued freedom, though they understood it differently.

Archive

The Overlooked Solution for Health Care

Breaking the debate barrier.

AUGUST 14, 2009 by SHELDON RICHMAN

Discussing healthcare reform with an advocate of government control is frustrating. It almost feels as if one is speaking a foreign language -- and in a sense, the free-market proponent is speaking a foreign language. The meaning usually doesn't get through.

Archive

The Market Doesn't Ration Health Care

AUGUST 07, 2009 by SHELDON RICHMAN

Economics 101 tells us that to accomplish the administration's stated health care goals directly--more coverage at lower cost--the government would have to take a third step: rationing.

Archive

The Free Market Ignores the Poor

APRIL 21, 2009

"Once an activity has been socialized for a spell, nearly everyone will concede that that's the way it should be. Without socialized education, how would the poor get their schooling? " --Leonard Read