Walter E. Block

Walter E. Block

Walter E. Block, Ph.D, is Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics at Loyola University New Orleans

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Latest from Walter E. Block

Opinion | To stop the cancel culture, sit back and let the free market take over

Texas is passing a bill aimed at stopping liberal censorship of conservatives by social media companies. But the better solution is to rely on the free enterprise system – let other platforms give big tech a run for its money.

Texas is passing a bill aimed at stopping liberal censorship of conservatives by social media companies. But the better solution is to rely on the free enterprise system – let other platforms give big tech a run for its money.

To stop the cancel culture, sit back and let the free market take over
16 Sep 2021 - 3:30AM
The View | How Biden can erase Trump’s legacy: tear down the trade barriers with China

If the new US president wants to get one over on his predecessor, he can do so by reversing his policy on tariffs. One of Trump’s guiding principles was his rejection of globalisation, and there is nothing more global than free trade.

If the new US president wants to get one over on his predecessor, he can do so by reversing his policy on tariffs. One of Trump’s guiding principles was his rejection of globalisation, and there is nothing more global than free trade.

How Biden can erase Trump’s legacy: tear down the trade barriers with China
18 Feb 2021 - 11:25AM
Opinion | Who should receive a Covid-19 vaccine first? Let capitalism decide – in the long run

While the US health authority’s plans to prioritise those on the pandemic front lines and the elderly make sense in the short run, the free market must have its say in the longer term.

While the US health authority’s plans to prioritise those on the pandemic front lines and the elderly make sense in the short run, the free market must have its say in the longer term.

Who should receive a Covid-19 vaccine first? Let capitalism decide – in the long run
4 Nov 2020 - 6:35AM
The View | Donald Trump can ensure a V-shaped economic recovery by heeding lessons of 1921

During the depression of 1921, the Harding government did not intervene in the market, resulting in a quicker recovery. The Trump administration must cleave to market principles, cease stimulus measures, rein in the Fed and resist protectionist impulses.

During the depression of 1921, the Harding government did not intervene in the market, resulting in a quicker recovery. The Trump administration must cleave to market principles, cease stimulus measures, rein in the Fed and resist protectionist impulses.

Donald Trump can ensure a V-shaped economic recovery by heeding lessons of 1921
28 Jul 2020 - 9:05AM
Opinion | The US is targeting China for intellectual property theft, but is the fight really worth it?

While intellectual property protection initially spurs innovation, it ends up hampering it in the long run. From an ethical point of view, penalising the theft of ideas wrongly presumes that ideas are in short supply and that we can properly define their value.

While intellectual property protection initially spurs innovation, it ends up hampering it in the long run. From an ethical point of view, penalising the theft of ideas wrongly presumes that ideas are in short supply and that we can properly define their value.

The US is targeting China for intellectual property theft, but is the fight really worth it?
17 Feb 2020 - 4:09PM