Author Archives: Freedom Economics

By John Key Sixty years of division of the Korean peninsula has created two states with very different standards of living in one country. The Korean example is pathological. The division of Germany resulted in two states, both functional in economic terms, … Continue reading →

The response to the story of broke touches on one of the fundamental problems of the education system in the west today its one-size fit all top down bureaucratic approach.

Lets hope some time this century governments will no longer fear to treat their citizens as adults and legalise drugs, with immense benefits for everyone. Fact of the matter is that those who want drugs can get them anyway, whereas … Continue reading →

“The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else…Nothing enters the public treasury for the benefit of a citizen or a class unless other citizens and other classes have been … Continue reading →

German unemployment rate fell steadily post 2005 as labour market reforms that reduced labour costs (and therefore increased competitiveness) began to take effect. After 2005 Germans essentially decided to work as hard or harder for less reward, in other words … Continue reading →

Are we prepared to give up liberty for equality? Soviets and Eastern Europe tried it. It did not exactly turn out to be a great success.