Freeman criticizes the economics profession on the ground that it has improperly accepted the philosophy of laissez‐faire capitalism in five different realms: economic development, unionism and minimum wage laws, socialist central planning versus decentralized markets, military dictatorships...

Purpose – The purpose of this paper is to shed critical light on micro-finance. Design/methodology/approach – This scheme is managed from an economic perspective. Findings – Micro-finance comes to us as a left wing attack on the free enterprise system; as such, it ought to be opposed by...

The work of Hayek, in contrast with the Marxist-Socialist-Interventionist-Galbraithian paradigm that held sway in the mid-20th century, appears as a beacon for free enterprise amidst a sea of totalitarianism. When considered in comparison to the writings against which he contended, Hayek’s was...

Purpose – The purpose of this paper is to support the claim that socialism is ineffective and inefficient, and that this insight applies to socialized medicine, as well as all other forms of socialism. Design/methodology/approach – The main method utilized in this paper is the application of...

Purpose – The purpose of this paper is to shed critical light on micro‐finance. Design/methodology/approach – This scheme is managed from an economic perspective. Findings – Micro‐finance comes to us as a left wing attack on the free enterprise system; as such, it ought to be opposed...

Purpose – The purpose of this paper is to support the claim that socialism is ineffective and inefficient, and that this insight applies to socialized medicine, as well as all other forms of socialism. Design/methodology/approach – The main method utilized in this paper is the application of...

Purpose – The purpose of this paper is to trace the relationship between social media and socialism. Design/methodology/approach – The design of this paper is to articulate what is socialism and social media. We trace the relationship between the two based on quotations and citations between...