Freeman

The Goal is Freedom

Financial Regulation and the “Money Power”

Insiders will benefit most

SEPTEMBER 28, 2012 by SHELDON RICHMAN

We hear fierce denunciations of what is called the "money power." It is spoken of as mighty, demoniacal, dangerous, and schemes are proposed for mastering it which are futile and ridiculous, if it is what it is said to be. Every one of these schemes only opens chances for money-jobbers and financial wreckers to operate upon brokerages and differences while making legitimate finance hazardous and expensive, thereby adding to the cost of commercial operations.

You Really Want Government Drilling for Oil?

It's about incentives.

JUNE 11, 2010 by SHELDON RICHMAN

You've got to hand it to the people who really dislike free markets. They see them everywhere and especially wherever any serious problem arises. That no free market exists within a thousand miles makes no difference whatsoever.

CURRENT ISSUE

May 2013

From natural systems to human systems, we start to notice patterns in nature that are products of good flow. Adrian Bejan discusses this crucial insight--and how it makes freedom even more needful--in this month's interview. Zachary Caceres looks at what emergence can tell us about the universe, the market, the heart, and the sacred; Mike Reid recounts the tragedies produced when the State tries to impose its order on people who have already developed their own; Gary Galles channels Leonard Read: the State is a clenched fist, he says, so it cannot create; Brad Taylor says democracy might just be another imposed order in some situations; Karl Borden wonders whether an individual's right to be left alone can be part of the order of things; and much, much more.Download Free PDF

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THE ARENA

The Arena is a monthly debate feature designed to help readers explore issues of concern to classical liberals/libertarians.

This month, the issue is Gay Marriage. The proposition is: Gay Marriage Expands Liberty. Richard Lorenc will be arguing for the proposition. Steve Esposito will be arguing against the proposition.

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