Economic Freedom

Charles Dickens trained many to hate capitalism, but he never understood the difference between envious hatred of wealth and charitable concern for the poor. The true story of his personal life makes this evident.

Liberty is not a luxury good. It is necessary for civilization to thrive and the end of liberty will also be the end of civilization. Karl Popper understood that as well as anyone who has lived.

A satirical essay from a 1978 classroom, speculating about what it would cost to become Santa.

As Americans celebrate the destructive wars that helped shape this country, we also remember that free markets promote peace and individual liberty.

In the wake of the bloody French Revolution and the Napoleonic Wars, Germaine de Staël kept the ideas of freedom alive at her family chateau on Lake Geneva, meeting with luminaries such as Jean Baptiste Say and other great thinkers of that era.

It’s with the advice of Austrian economists that MAGA can avoid falling into the kinds of errors that seem to create prosperity but only set the stage for recession and thereby intensify the very problems they claim to be trying to solve. 

By honoring Mokyr, Aghion, and Howitt, the Nobel Committee has recognized that the future of growth depends on innovation, and that innovation begins with an idea. Ideas drive progress, and progress defines civilization.

The famous phrase was uttered by William H. Vanderbilt, which was interpreted to mean that the capitalists didn’t care for their customers. Vanderbilt knew he worked for his stockholders, but in working for them, he had to provide for his railroad’s passengers.

Jamaica’s constitutional reform will achieve nothing if it continues to indulge the politics of resentment rather than building the framework for liberty.

Artificial Intelligence, for all of the fear-mongering taking place, simply is a tool that if applied in a free market setting will make our economy stronger, not weaker.