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Tag Archive 'free markets'

I’ve just finished reading the book “The Undercover Economist”, by Tim Harford. Definitely an informative book and well worth reading carefully and critically. It rightly makes the point that those of us who are “capitalists” do not defend “big business” (which want limits on competition) but instead defend open and free markets (which ensure competition). [...]

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Happy Birthday, European Union! Now do the noble thing and scrap the anti-competitive Common Agricultural Policy. It is a giant waste of money (taking up nearly half the EU’s total budget), it means Europeans pay more for their food than they actually need to, it means unsuccessful farm businesses are propped up by the government [...]

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