Clear Thinking about Free Markets.


In The Free Market Center you will find explanations, conversation, and information about free markets—their structure, the forces that drive them, and the theories that explain them.

You can either gain the knowledge of free markets and use that knowledge to protect your liberty and prosperity, or you can watch your liberty (and your lifestyle) slip away.

The Inflation Dog.


Highlights

Some information on The Free Market Center website that may merit special attention.

December 2, 2021

I have been off working on other projects. After a rather long delay, I got back to reviewing this site. I found that pages did not appear as I wanted them to on smaller screens, so I had to do some site-wide changes. Also, I returned to the use of dropdown menus. I will soon work on content for The Free Market Center Journal, much of which I will use for draft content for this site.

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The Free Market Center Journal

View a sample of the content of The Free Market Center Journal. Click the entry, if you see something of interest.

Brief Description of Menu Items

I have patterned the navigation of this site after what I have termed the organizational architecture. Every organization has four higher level elements:

  • Guiding Ideas
  • Processes & Methods
  • Community
  • Infrastructure & Tools

I have provided a brief description of each of these elements and what the sections that I have named after these elements contain.

In addition, I have included links to Site Contents and Lexicon, which I will describe under the tabs above. 

Guiding Ideas define the philosophical foundation for The Free Market Center. The principles, theories, and values of free markets provide the context for the ideas and concepts discussed on this website.  I have not applied a strict categorization to the topics in the Guiding Ideas section but the topics in this section all fall within those three categories.

On a separate page, I have provided a statement of those elements of the Guiding Ideas that apply exclusively to the development of this website. Those elements include the purpose, vision, mission, and goals for the development of content in this website.

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Processes & Methods describe what The Free Market Center does and how it gets things done.

The primary processes of The Free Market Center consist of providing  information and explanations that help people improve their understanding of the nature of free markets. The long term processes of The Free Market Center consist of Exposition, Commentary, Conversation, and Education. In the shorter term we will concentrate on Exposition and Commentary.

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The Free Market Center community consists of a vast number of people—inside and outside the organization; living and dead. It consists of all people and organizations interested in the return to free markets.

The term Community refers to the people (and organizations) that share a symbiotic relationship with The Free Market Center. The term has roots that carry the meaning of sharing and exchange. A community exemplifies a complex adaptive system—much like the markets about which we write.

As a reader you play an important role in our Community.

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Infrastructure & Tools comprise the resources and technologies, and their interrelated patterns, required to perform the processes and methods of this site. When combined with processes & methods, and community, this element fills out what the organization needs in order to accomplish its mission.

A simple example shows the relationship of Infrastructure & Tools to the rest of the Architecture:

If the Guiding Ideas of the organization includes the mission to build houses, it engages in the Processes & Methods of house building. To do this the organization must incorporate a Community of people with an interest in, and the skills to, build houses. To this mix it must add the Infrastructure & Tools of land, tools, and equipment needed for house building.

This simple example, however, does not give a sense of the complexity of the organizational Infrastructure & Tools. This element includes a number of components that are either overlooked as a part of the organizational structure or are not recognized because of their intangible nature. Infrastructure also includes the mental models of individuals and the paradigms of groups.

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This page provides an annotated Table of Contents for this website.

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Because economics describes the everyday activities of humans, it uses many words from everyday language. In their day-to-day use of language people tend toward imprecise meaning, which can lead to misinterpretation of the precise  concepts that  economics intends to convey.

The Free Market Center has developed The Free Market Lexicon which provides an important reference to use while reading about and studying economic principles and theories. The Lexicon provides an extensive collection of words and phrases used on this site—and in references to which it refers.

Although a part of the  Infrastructure & Tools, I decided that the importance of Lexicon required a separate section.

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A place of clear thinking and learning about markets free of intervention.

"Government is essentially the negation of liberty."

Ludwig von Mises


"Believe nothing. No matter where you read it, or who said it, even if I have said it, unless it agrees with your own reason and your own common sense."

Buddha


“In times of change, learners inherit the world, while the learned remain beautifully equipped to deal with a world that no longer exists.”

Eric Hoffer


“How is it that humans have progressed so rapidly in science, mathematics, and engineering, yet we continue to exhibit behaviors that result in misunderstanding, suspicion, bigotry, hatred, and even violence in our dealings with other people and with other cultures?”

Alfred Korzybski


More Words of Wisdom