Acton Institute Powerblog Archives

Post Tagged 'Arnold Kling'

When Being Pro-Market Requires Being Anti-Business

Who is the biggest enemy of the free market system? The late Milton Friedman, one of the 20th century’s most prominent free market champions, had a surprising answer: the business community. Economist Arnold Kling explains why support for markets and business are not the same thing: Continue Reading...

How IKEA and Innovation Help Refugees in Iraq

When looking for solutions to humanity’s problems, conservatives and libertarians tend to prefer turning first to free markets rather than government. The reason for such a preference is often misunderstood, and can be difficult to explain since it appears paradoxical: free markets are often better at serving human needs than governments because free markets make it easier to fail. Continue Reading...