Written by Richard M. Ebeling
Monday, 24 November 2008 00:00
This time of the year, whether in good economic times or bad, is when we gather with our family and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to [...]
In general, I am a hopeful and optimistic person when it comes to everyday life, relationships and life’s trials. However, I have become very skeptical and cynical when it comes to politics and political leaders (of all stripes). Since George W. Bush “suspended his free-market principles” to save the free-market economy by launching [...]
“The proof of the enormous economic benefits of free trade is all around us, not least in the impoverished third world that has already benefited mightily from so-called globalization. It is immoral and irresponsible, or just plain stupid, that politicians, and the special interests they protect, would sacrifice this humanitarian improvement in welfare for [...]
In an excellent article, by Janet Daley, entitled, “G20: If capitalism is ‘overthrown’, we’ll lose our political freedom,” Daley discusses the importance of understanding what is really at stake at the G20 Summit. “The question we are wrestling with now,” writes Daley, “– and which the G20 will certainly fail to resolve – is [...]
Posted by Dave Prychitko
Considering both economic theory and the historical record, it is reasonable to believe that if a society tries to abolish the market economy it will find that it abolishes the wealth-generation and long-run growth that only a market system can provide, and, on top of that, it will become more undesirably statist [...]
Adam Smith, who lived in the eighteenth century, provided the philosophical and most systematic arguments for the underpinnings of a laissez-faire economic system in his book “The Wealth of Nations.” Smith makes the argument that it was only the interference of government which disrupted the natural working of economic society and created poverty and [...]
By Leonard E. Read
A professor writes, “It seems to me that it is quite an unworthy goal for businessmen to go to work for the sake of bringing profit to the stock-holders.”
The head of a large corporation bemoans the bad image of business and contends that the first consideration of American business is, when [...]
Post by Dr. Peter Boettke
I remained amazed concerning the mass hysteria of my chosen profession in times of adjustment. Why do we even talk of “depression economics” as if the lessons of economic science drastically change? Would it make sense to talk of “depression physics” or “depression biology”? Wouldn’t the teachings of [...]
By Dr. Steven Horwitz
We, at the For Freedom’s Sake blog, strive to bring clear arguments, written in plain English, into the marketplace of ideas in an effort to educate those who are willing to invest their time to understand what is going on in the world around them. We have found Dr. Steven Horwitz [...]
