The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybody’s actions aim at the satisfaction of other people's needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens. Everybody, on the other hand, is served by his fellow citizens. Everybody is both a means and an end in himself; an ultimate end for himself and a means to other people in their endeavors to attain their own needs.
January 29, 2021 Our Upcoming Conference on the JFK Assassination
When it comes to the assassination of President John F. Kennedy, the mainstream press remains trapped within a 1964 paradigm. They continue to repeat the standard 1964 line that Kennedy was killed by a long-nut communist, a former U.S. Marine who had no ostensible motive for killing the president. Anyone who challenges that 1964 paradigm is immediately labeled a “conspiracy theorist,” which ...
The Early Years of Ludwig von Mises
by Jacob G. Hornberger and Richard M. Ebeling
What was life like for the great economist Ludwig von Mises before he came to the United ...
Federal Censorship Protects Leviathan's Crimes
by James Bovard
Ever since the 9/11 attacks, Republicans and Democrats have conspired to keep Americans increasingly ignorant of what the federal government does. The number of ...
Biden's Destruction of Liberty
by Jacob G. Hornberger and Richard M. Ebeling
What lies ahead for America under Joe Biden and the Democrats? Join FFF president Jacob G. Hornberger ...