Free Markets

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D.W. MacKenzie

The true state of the Union, writes DW MacKenzie, is that its chief executive fails to grasp the profound truth that central planning by political elites can never match the results of decentralized planning by the general public--even when it is done in the name of liberty.

Robert P. Murphy

Indeed, because a free market in space industries would be open to all competitors, we have every reason to expect technological innovation to be much quicker than in a monopolized space program.