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Tag: Free markets

John Locke and David Hume are two thinkers who provided a robust defense of property rights, and their arguments are markedly different.
  • Free Will and Moral Responsibility

How do we justify property rights?

Modernity is unthinkable without capitalism, yet Ayn Rand defined capitalism as an unknown ideal, one whose benefits people did not understand
  • Free Market Economy

Modernity is unthinkable without capitalism

By embracing capitalism, Botswana went from one of the poorest nations in the world to one of the fastest growing economies.
  • Economic Development

Botswana: a triumph of capitalism in Africa

Addressing the debt ceiling may have been pushed further down the road, but the root causes of America’s debt crisis need urgent attention.
  • Monetary Policy

We cannot continue to ignore the root causes of America’s debt crisis

The enlargement of the paternalistic state in the name of economic justice has done nothing but limit Puerto Ricans in their pursuit of prosperity
  • Socialist Economics

Puerto Rico’s failed experiment

The entire healthcare market would function much more efficiently if there were more options. Market mechanisms can protect against charlatans
  • Healthcare

Innovation in healthcare could be dangerous, but the alternative is worse

Joseph Schumpeter (1883-1950) was an Austrian political economist best known for his ideas on entrepreneurship and “creative destruction”
  • New Technology

Joseph Schumpeter: the most important economist you might not know of

Veganism is a movement that champions a more ethical and less destructive way of living, and is working hand in hand with the free market.
  • Free Market Economy

Veganism is the ultimate free market solution to climate change

In a free market economy, enforcing property rights should play an important role in enabling conservation and sustainable development.
  • Free Market Economy

The value of conservation in the free market

While luddites oppose progress and claim that technological advances cost jobs and harm the poor, history has consistently proven them wrong.
  • New Technology

We must embrace technology, even when it threatens jobs

In India, where women are often paid to be surrogate mothers, many are debating whether the government should outlaw paid surrogacy.
  • Free Market Economy

Should paid surrogacy be illegal?

  • Free Market Economy

How capitalism has influenced modern motherhood

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