Why Free Markets Matter

Tags: Austrian Economics Overview, Free Markets

05/01/2010 Thomas E. Woods, Jr.

A free market is just people making voluntary exchanges. Woods makes an example out of the creation of a ham sandwich. Welfare and warfare undermine the natural economic harmony of large scale social cooperation - the free market. Interventions of all type have unseen negative consequences like impoverishment.

Hosted at the Mises Institute on 30 April 2010. Sponsored by Jeremy S. Davis.

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