Tag Archives: free markets

Barack Obama Openly Admits His Antipathy Toward The Free Market

In so doing, Barack Obama also discloses for us again his arrant economic-political illiteracy. Straight from the horse’s mouth — and it doesn’t get any plainer than this: One would be wise to note here that there’s never in world history been a system of total unregulated laissez-faire capitalism, but the societies that have come…

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Middle-of-the-Road Policy Leads to Socialism

Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen (Ludwig von Mises, Human Action). The following address was delivered before the University Club of New York, April 18, 1950, by Doctor Ludwig von Mises: How Middle-of-the-Road Policy Leads to Socialism The…

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I, Pencil — By Leonard Read

What goes into the making of a single pencil? In 1958, Leonard E. Read asked himself that very question — and wrote an elegant explication: I, Pencil, simple though I appear to be, have a profound lesson to teach. And I can teach this lesson better than can an automobile or an airplane or a…

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