In the wake of the near collapse of the financial system, many people are beginning to question the merits of a free market economy. One of the cornerstone principles of free market capitalism is that people will act with rational self-interest. This concept states that an action is good when it max...

It is certainly a sign of the times when reports that the economy lost 36,000 jobs is considered a boon in economic news. While today’s unemployment numbers, released by the Labor Department, are being hyped as evidence that the economy is gaining traction, economists still advise that we have...

Up until the financial crisis was front page news for virtually every media source, I rarely—if ever—took heed of economic statistics. I may have glanced at the Dow Jones Industrial Average every once in awhile, but that was about the extent of my interest. Now I have been paying more attention ...