Imagine tuning into a Sunday football game. Amid the flurry of touchdowns and tackles, the commercials are filled with familiar names — State Farm, Allstate, Liberty Mutual, and Farmers — vying for your dollars to cover your cars, homes, and personal liability. You have choices, and the competing advertisements are evidence of a robust marketplace where consumers benefit from price competition and innovation. But imagine if, alongside those ads, you could also shop for your health insurance — across state lines, no different than car or home coverage. Read More ›
Mark Perry does a great chart that illustrates the relative changes in the nominal prices of a variety of products and services. What is the difference between growing abundance and growing scarcity? In a word, government. Read More ›
Transcontinental flights were once a luxury. Now they are affordable for almost everyone. Free-market entrepreneurial capitalism isn’t about making more luxuries for the wealthy, it’s about making luxuries common for the average person. Read More ›
A short economics lecture from Senior Fellow George Gilder, titled "Why Capitalism Works." In it, Gilder explains the genius of capitalism: that it channels self-interest into altruism. In a free market economy, "Entrepreneurs can only help themselves by helping others." Read More ›
