Free Markets

A great many people have learned from Mises and Rothbard, but Lew Rockwell belongs to a much more select class: he has developed their thought in an original way.

Neoclassical economists often make matters more complicated than necessary; but, fortunately, the best of them manage to stumble close to the truth. Jagdish Bhagwati is by no means a committed supporter of the free market. 

It is entirely within coffee-bean buyers' rights to pay any price, including an inflated price, writes Joesph Potts.

Most people assume that gifts are wonderful to receive. But this view has recently come under attack, reports Robert Murphy finds riddled with fallacy.

Bill Buckley and Irving Kristol revealed why they are not drawn to free-market logic: they find it dull. But economics is no more dull than life itself, writes Lew Rockwell.

Popular contempt for the market is distressing. Few institutions are so universally reviled, and perhaps fewer institutions are so universally misunderstood.

Is the state’s power of eminent domain necessary in a free society? Walter Block and Richard Epstein debate the topic.

Concerns over safety and pollution are merely protectionist tactics to keep out imports from Mexico, writes Gary Galles.

In a private educational setting, with no government meddling, individual schools could set their own policies, writes Robert Murphy.

The trend over the past fifty years has been for a gradual reduction in the number employed in manufacturing, says Jude Blanchette, but both output and productivity have increased.