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In 1962, leading libertarian economist Milton Friedman published Capitalism and Freedom, a treatise on the value of free markets for a liberal and open society. In it, he attacked the Federal Reserve, consumer protection, occupational licensure, and ...

Universal Basic Income: The Way to Fix Welfare

In 1962, leading libertarian economist Milton Friedman published Capitalism and Freedom, a treatise on the value of free markets for a liberal and open society. In it, he attacked the Federal Reserve, consumer protection, occupational licensure, and ...

Aristotle famously began the Nicomachean Ethics with a declaration: “Every art and every investigation, and likewise every practical pursuit or undertaking, seems to aim at some good.” He contends that a “final good” must exist in ord...

Utilitarianism and the Market Economy

Aristotle famously began the Nicomachean Ethics with a declaration: “Every art and every investigation, and likewise every practical pursuit or undertaking, seems to aim at some good.” He contends that a “final good” must exist in ord...