Voluntary Exchange Sources

Do I live in an alternate universe? The media tell me my side is winning. Salon claims, “We all live in Kochland, the Koch brothers’ libertarian utopia.” Tucker Carlson says, “Our leadership class remains resolutely libertarian.” What? Who? Not President Biden. Biden already spent $1.9 trillion on COVID-19 “recovery” mostly...

In 1831 the great Frenchman Alexis de Tocqueville visited America and in 1835 published the first volume of Democracy in America. Tocqueville offered a wonderful and memorable characterization of Americans in commercial life. The passage is worth reading and appears below; after it I remark...