markets

An essential purpose of allowing markets to be free and open in all circumstances is precisely to take advantage of what people can imagine, create, and produce to meet changing patterns of demand in their respective corners of society.

In their frantic attempts to delay the spread of the Wuhan virus, governments are sowing the seeds of economic depression and currency destruction.

The Coronavirus outbreak will bring long-lasting lessons to all people of Earth. The one message we must fight is that big government solved the crisis.

Who do people consider to be less ethical or honest than either telemarketers or used car salesman? If you said Washington politicians, you’d be right on the button.

The number one problem of all public debate about politics and economics is the failure to name the state. If this would change, so would public opinion.

In the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up interest rates and threatening economic growth in the United States

Numerous misunderstanding and mythologies surround the meaning of capitalism and competition, but few match the confusions over the meaning and relevance of “monopoly” in the workings of the market economy.

Several major central banks around the world, including the Federal Reserve in the United States, have set a goal of two percent price inflation. The problem is, what central bankers are targeting is a phantom that does not exist.

Whatever economic freedom we enjoy in the world today is due, to a great extent, to the ideas and efforts of the classical liberals and economists of the first half of the nineteenth century.

The market has boomed thanks to confidence in a stable presidency. Illegitimate attempts to destabilize the office can lead to collapse.

The world is threatened with a renewed wave of anti-capitalism and anti-business sentiments and policies. Many who cheered the demise of Soviet communism in the early 1990s, presumed that this meant that, by default, the case for free markets and competitive enterprise had won in the battle of ideas. Over the last twenty-five years it has become clear that the same misguided arguments against free market capitalism constantly reemerge, like an ideological vampire waiting to rise from the intellectual grave and drain market freedom of its lifeblood by more government regulations and controls.

In today’s edition of The Heartland Daily Podcast, Shikha Dalmia, a Senior Analyst with the Reason Foundation, joins Managing Editor of Environment & Climate News H. Sterling Burnett. Dalmia, a resident of Michigan, joins Burnett to discuss the Flint water crisis.