Free Markets

This book is a collection of ten previously published essays that address some of the most important questions of twentieth-century America.

 I appreciate the fact that the author attempts to construct logical rather than mathematical arguments, as seems to be the disease that has struck most of the economics profession at the present time. 

Among all those goods which have been offered as examples of public goods, national defense and lighthouses have been among the most frequently cited.

Many economists consider public goods to be a case of market “failure.” They argue that the free market cannot finance the optimal amou

Those who deny that the provision of protection services could be supplied through either the market or some other nonmonopolistic device must ther

When government monopolization of the roadways is discussed by economists, the “externalities” argument is usually raised.

Classical liberals and libertarians believe that individuals have rights, even if there is debate about just why we have them or how this can be pr

It is the task of this paper to describe what can happen to “a good cause” when it is “ineptly defended,” and to address the problem of the relatio

The municipal reform movement of the progressive era succeeded in establishing local government monopoly in the provision of urban services. Competitive markets in such services as fire-fighting, street lighting, refuse removal, transit, and even policing then gave way to municipal bureaus and departments.

A paper reviewing George Smith’s article “Justice Entrepreneurship in A Free Market” by Steven Strasnick.