Freeman

Liberal International

The Smaug Fallacy

The wealthy aren’t hoarders — they’re stewards of capital

OCTOBER 30, 2014 by IAIN MURRAY

The genius of capitalism is that it spreads the wealth around.

Sending Money Home: Technology or Bureaucracy?

Remittances are helping poor people globally, but regulators loom

AUGUST 26, 2014 by IAIN MURRAY

People in poor countries rely on money their relatives send from abroad; regulators are threatening new ways to make these transfers "safer" and "cheaper."

A Petition from the Booksellers

JULY 29, 2014 by IAIN MURRAY

France's parliament must honor its history and ban Amazon for insisting on selling consumers what they want at prices they like.

Breathtaking Lawlessness

The Supreme Court has restrained the executive branch—for now

JULY 09, 2014 by IAIN MURRAY

The Supreme Court just barely held back executive-branch overreach. But the instinct to acquire more power isn't going anywhere.

Finance for the People

Peer-to-peer finance is democratizing access to capital

JUNE 18, 2014 by IAIN MURRAY

Technology is helping startups overcome financial barriers that would have scuttled new businesses just a few years back. Now it's the regulators who are in the way.

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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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Economics in One Lesson (full text)

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


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