April Freeman Banner 2014
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The Case for Voluntary Private Cooperation

We don't need nations, flags, and armies to make us prosperous

APRIL 16, 2014 by MICHAEL MUNGER

Forget the "markets vs. the State" debate. Systems of voluntary cooperation are what build societies and prosperity.

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Cliches of Progressivism

#1 -- Income Inequality Arises From Market Forces and Requires Government Intervention

APRIL 15, 2014 by MAX BORDERS

When economic inequality arises naturally in the marketplace, it largely reflects the ability of individuals to serve others; when it arises from political connections, it's unfair and corrupt.

Feature

For the Love of Money?

Money at the margin, not everything for money

APRIL 11, 2014 by GARY M. GALLES

Nobody does everything simply for the money. But criticizing markets for allowing money to mediate amounts to attacking their voluntary basis.

ANYTHING PEACEFUL ANYTHING PEACEFUL

Profiting Off of the Children

Don’t be horrified that someone might make money improving education

Misspent public education funding is a serious problem. But worrying that the profit motive will somehow make this worse ignores the solution--and all of the data.

The Economics of the Corn Dog: Correcting a Misattribution to Adam Smith

Adam Smith used labor as a measure of value rather than value's determinant. Karl Marx also did not use the quantity of labor employed in production as the determinant of market prices.

THE ARENA

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Which Way Do You Lean on Economic Theory?

Whose approach do you find yourself taking more often, Mises's or Friedman's? Read both quotes and choose the one that aligns with your opinion of what makes for good economics.

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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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