Tag Archives

Archive of posts published in the tag: free market

The Hong Kong Experiment

He avoided the accumulation of economic data, believing the cost of accumulating outweighed its value. He felt such data was used to enable economic planning which he opposed, and because it instilled a false sense of certainty about outcomes.  Cowperthwaite governed from principles, not data.

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Pro Market vs. Pro Business

Daniel Hannan writes in the UK The Telegraph with Memo to the Occupy Protesters: here are ten things we evil capitalists really think. Point 1: Free-marketers resent the bank bailouts. This might seem obvious: we are, after all, opposed to…

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Bulgarian Blue Jeans

The free market is not a creed or an ideology that political conservatives, libertarians, and Ayn Rand acolytes want Americans take on faith.  The free market is simply a measurement.  The free market tells us what people are willing to pay…

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Preemptive Keynesianism

From Financial Fiasco by John Norberg “The financial strategist George Cooper, who wants to rehabilitate a Keynesian analysis of the financial market, sees similarities between interventionist economist John Maynard Keynes’s desire to stimulate demand in times of crisis and the…

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