Follow the (Economic) Science: Why Lockdowns Were Bad Pandemic Policy
"It's the economic science people need to listen to to figure out if there is a rationale for a type of government regulation during this pandemic, and if so, what that looks like. And, I'll tell you what it does
How Fiat Money Changes Culture
Can the type of money used change the culture of a society? This might seem like an absurd proposition, but it is supported by the arguments of proponents of the Austrian school of economics. First, let’s contextualize the importance of sound
OPEC- A CARTEL FAILURE
One of the most famous examples of a cartel given by many economists is the Organization of Petroleum Exporting Countries (OPEC). According to the OPEC countries, the major objective of the organization is “Unification and coordination of petroleum policies among
Why Aren’t There More Free Market Surgery Centers and Clinics?
[This is a transcript of a talk given June 17, 2021, at the Mises Institute’s Medical Freedom Summit in Salem, New Hampshire.] On behalf of everyone at the Surgery Center of Oklahoma and the Free Market Medical Association, thank you for
The Covid Lockdowns Showed Us How Dangerous Social Engineers Have Become
Since the onset of the covid-19 pandemic, governments around the world, along with a handful of unelected medical experts, have been behaving as though they are the social engineers of totalitarian regimes (e.g., fascism, Nazism, and communism). To be more
How the Surgery Center of Oklahoma Tapped the Cash Market
"The cronies and their government pals are increasingly exposed. As the co-founder of the Free Market Medical Association, I am filled with optimism watching the growth and acceptance of market discipline in this industry." A new world of medical entrepreneurship is
Sergio Alberich on Capital Structure and Capital Flexibility
The proper selection of a firm’s financial source does not guarantee its success, but the wrong one assures its failure. Austrian capital theory delivers actionable insights for business. Austrian theory emphasizes capital’s economic role in generating customer revenue flows. Since these
John Stuart Mill, “the Marketplace of Ideas,” and Minority Opinion
When justifying the airing of opinion, particularly of unpopular opinion, interlocutors have often pointed to John Stuart Mill’s On Liberty for support. Mill’s classical liberal tome is regarded as one of the greatest defenses of individuality, free thought, and free
The Neoliberal Economic Approach
When the BJP led government won the elections in 2014, PM Modi strived to practice a neoliberal approach in the economy. This led to a small stream of free trade, privatisation and disinvestment. The rhetoric of ‘minimum government and maximum
Medical Staffing and the Revolutionary Innovations We Need
A new world of medical entrepreneurship is growing. Concierge and cash-only practices, walk-in cash clinics, medical tourism, and cost-sharing plans are just a few of the ways free-market approaches are changing the landscape. Our expert speakers will discuss several of