Fair Markets

Navigating Today’s Economic Climate: Drawing Lessons from the Great Depression As the world faces an uncertain economic future, it is essential to look back at history to better understand the challenges ahead. The Great Depression, which began in 1929, offers valuable insights into the present-day economic scenario. …

Economists believe that in a free market, the forces of supply and demand set prices, and resources are allocated efficiently based on consumers' preferences and producers' incentives. When a market does not allocate resources efficiently, economists say there is a market failure and think of ways to make the market…

Rawls and others in Property Owning Democracy argue that a more equal distribution of wealth is a superior alternative to Welfare-State Capitalism, Laissez-faire, State socialism, or Liberal socialism. Unfortunately, the proponents who have tried to implement the wider distribution of property owners use redistribution methods. …