Gary M. Galles
Gary M. Galles is a professor of economics at Pepperdine University. His recent books include Faulty Premises, Faulty Policies (2014) and Apostle of Peace (2013).
Related Freeman Articles
SEPTEMBER 26, 2014 by GARY M. GALLES
Read left a lucrative career to create FEE at a time when freedom's prospects in the world were bleak.
Exchange value is inherently unequal
SEPTEMBER 18, 2014 by GARY M. GALLES
Viewing voluntary exchanges as involving equal values leaves people blind to the mutual benefits created by "unequal" exchanges.
SEPTEMBER 12, 2014 by GARY M. GALLES
Progressives claim that the free market treats people like commodities. In reality, it is the only economic arrangement that protects the individual.
An old dictum has done a lot of damage throughout history
SEPTEMBER 10, 2014 by GARY M. GALLES
Leonard Read reminded us that we are ends in ourselves, not to be used by reformers for political gain or utopian projects.
Market competition expands cooperative arrangements among people
MAY 27, 2014 by GARY M. GALLES
Competition in the marketplace brings people who don't know each other and otherwise wouldn't deal with each other into cooperation.
Money at the margin, not everything for money
APRIL 11, 2014 by GARY M. GALLES
Nobody does everything simply for the money. But criticizing markets for allowing money to mediate amounts to attacking their voluntary basis.
Why I like “liberty” better than “freedom”
MARCH 14, 2014 by GARY M. GALLES
While "liberty" and "freedom" can be used interchangeably, there's a subtle but important difference between what they connote.
Markets might be impersonal, but at least they don’t require coercion
MARCH 03, 2014 by GARY M. GALLES
Some people believe the economy should reflect a particular purpose. Such a pursuit requires the coercion of some by others.
A patchwork of U.S. housing policies caused a bunch of little bubbles
NOVEMBER 22, 2013 by GARY M. GALLES
Randal O'Toole investigates the housing boom and bust, and comes up with some things you don't hear about in mainstream accounts.