Defending the Free Market

Defending the Free Market
Author: Robert Sirico
Publisher: Simon and Schuster
Total Pages: 226
Release: 2012-05-21
Genre: Political Science
ISBN: 1596988118

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Thirty years ago, the economic system of the Soviet empire—socialism—seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy—including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction—is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty—far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people—just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives—including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.

The Illusion of Free Markets

The Illusion of Free Markets
Author: Bernard E. Harcourt
Publisher: Harvard University Press
Total Pages: 337
Release: 2011-05-01
Genre: Business & Economics
ISBN: 0674059360

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It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. The Illusion of Free Markets argues that our faith in “free markets” has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today’s myth of the free market. The modern category of “liberty” emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as “police.” This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government-run penal sphere. This modern vision rests on a simple but devastating illusion. Superimposing the political categories of “freedom” or “discipline” on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today.

The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope

The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope
Author: John A. Allison
Publisher: McGraw Hill Professional
Total Pages: 289
Release: 2012-09-21
Genre: Business & Economics
ISBN: 0071806784

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The #1 Wall Street Journal Bestseller “Required reading. . . . Shows how our economic crisis was a failure, not of the free market, but of government.” —Charles Koch, Chairman and CEO, Koch Industries, Inc. Did Wall Street cause the mess we are in? Should Washington place stronger regulations on the entire financial industry? Can we lower unemployment rates by controlling the free market? The answer is NO. Not only is free market capitalism good for the economy, says industry expert John Allison, it is our only hope for recovery. As the nation’s longest-serving CEO of a top-25 financial institution, Allison has had a unique inside view of the events leading up to the financial crisis. He has seen the direct effect of government incentives on the real estate market. He has seen how government regulations only make matters worse. And now, in this controversial wake-up call of a book, he has given us a solution. The national bestselling The Financial Crisis and the Free Market Cure reveals: Why regulation is bad for the market—and for the world What we can do to promote a healthy free market How we can help end unemployment in America The truth about TARP and the bailouts How Washington can help Wall Street build a better future for everyone With shrewd insight, alarming insider details, and practical advice for today’s leaders, this electrifying analysis is nothing less than a call to arms for a nation on the brink. You’ll learn how government incentives helped blow up the real estate bubble to unsustainable proportions, how financial tools such as derivatives have been wrongly blamed for the crash, and how Congress fails to understand it should not try to control the market—and then completely mismanages it when it tries. In the end, you’ll understand why it’s so important to put “free” back in free market. It’s time for America to accept the truth: the government can’t fix the economy because the government wrecked the economy. This book gives us the tools, the inspiration—and the cure.

Free Market

Free Market
Author: Jacob Soll
Publisher: Basic Books
Total Pages: 281
Release: 2022-09-06
Genre: Business & Economics
ISBN: 1541620232

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From a MacArthur “Genius,” an intellectual history of the free market, from ancient Rome to the twenty-first century After two government bailouts of the US economy in less than twenty years, free market ideology is due for serious reappraisal. In Free Market, Jacob Soll details how we got to this current crisis, and how we can find our way out by looking to earlier iterations of free market thought. Contrary to popular narratives, early market theorists believed that states had an important role in building and maintaining free markets. But in the eighteenth century, thinkers insisted on free markets without state intervention, leading to a tradition of ideological brittleness. That tradition only calcified in the centuries that followed. Tracing the intellectual evolution of the free market from Cicero to Milton Friedman, Soll argues that we need to go back to the origins of free market ideology in order to truly understand it—and to develop new economic concepts to face today’s challenges.

Free the Market!

Free the Market!
Author: Gary L. Reback
Publisher: Penguin
Total Pages: 440
Release: 2009
Genre: Biography & Autobiography
ISBN: 9781591842460

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"Free the Market!" traces Reback's titanic legal battles--involving top companies such as Apple, Microsoft, IBM, Oracle, and AT&T--and offers a persuasive argument for measured government intervention in the free market to foster competition.

Free Market Reader, The

Free Market Reader, The
Author:
Publisher: Ludwig von Mises Institute
Total Pages: 402
Release:
Genre:
ISBN: 1610162919

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Toward a Truly Free Market

Toward a Truly Free Market
Author: John Medaille
Publisher: Open Road Media
Total Pages: 251
Release: 2014-04-29
Genre: Business & Economics
ISBN: 1497644364

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For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Médaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Market argues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. In Toward a Truly Free Market, Médaille not only points out the problems, but also offers viable solutions, showing how we can: Slash the federal budget by half Reduce the tax code from nine million words to a couple of pages Drastically curb the government’s sprawling bureaucracy Manage natural resources safely, while cutting the budget in half End the bailouts Really reform the health care system And much more In Toward a Truly Free Market, Médaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Médaille enters the economic debate on purely economic terms.

Selling the Free Market

Selling the Free Market
Author: James Arnt Aune
Publisher: Guilford Press
Total Pages: 246
Release: 2002-02-01
Genre: Language Arts & Disciplines
ISBN: 9781572307575

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While accusations of "political correctness" are frequently raised aga inst liberals, there has been surprisingly little discussion of how co nservatives foment the use of their own "economically correct" languag e. In this engaging book, James Arnt Aune examines how the rhetoric of the free market has become the everyday language of political debate in America and around the world. He illuminates the inner logic of fre e-market ideas, using rhetorical theory as an analytical tool. In the process, Aune confronts head on what he sees as the most serious flaw of economic correctnessyits destructive impact on the lives of million s of working people and families.

Free Market Economics

Free Market Economics
Author: Bettina B. Greaves
Publisher: Ludwig von Mises Institute
Total Pages: 300
Release: 1975
Genre: Capitalism
ISBN: 1610165462

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A True Free Market

A True Free Market
Author: Stephen Taft
Publisher: iUniverse
Total Pages: 264
Release: 2015-05-13
Genre: Business & Economics
ISBN: 1491763485

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Two old friends seek answers to poverty, inequality, loss of personal freedom, and government debt as they talk during a weekend together. They find the merit of simple laws governing access to land, the ability to say no, and the role of government, which together protect the nature of economic freedom. These are laws that allow capitalism to embrace and reward the demands of the entrepreneur, while also offering dignified alternatives for the less talented or uninspired all without taxing a nickel of anyones income. Our economy has the potential to eliminate financial insecurity for every citizen and still be the strongest economic engine in the world. Find out how by joining the conversation in A True Free Market.