Freeman

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The Pursuit of Profit Is Pro-Social

A value-creating business is “social” whether it pursues an explicit social agenda or not

JANUARY 21, 2015 by MATTHEW MCCAFFREY

The market is an elaborate network of voluntary exchanges in which buyers and sellers constantly make each other better off. In that sense, all value-generating businesses are "social" enterprises.

ANYTHING PEACEFUL ANYTHING PEACEFUL

Why the Childcare Shortage and High Price?

It’s time to call off the child care regulators

It's no mystery why day care is expensive and hard to come by. Regulatory barriers to industry have created cartels and shortages. It's time to deregulate.

BlackBerry’s Bully

The latest in tech cronyism is a twist on net neutrality

A beleaguered maker of mobile devices wants government bullies to save it from marketplace bullies. It's the latest in tech crony capitalism: a twist on net neutrality.

THE ARENA

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Given v. Diedrich on Voting

Do you believe voting advances liberty?

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CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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Essential Works from FEE

Economics in One Lesson (full text)

By HENRY HAZLITT

The full text of Hazlitt's famed primer on economic principles: read this first!


By FREDERIC BASTIAT

Frederic Bastiat's timeless defense of liberty for all. Once read and understood, nothing ever looks the same.


By F. A. HAYEK

There can be little doubt that man owes some of his greatest suc­cesses in the past to the fact that he has not been able to control so­cial life.


By JEFFREY A. TUCKER

Leonard Read took the lessons of entrepreneurship with him when he started his ideological venture.


By LEONARD E. READ

No one knows how to make a pencil: Leonard Read's classic (Audio, HTML, and PDF)