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28 Sep 2023 1 minute read 0 comments OfTheFreeMarket
“Gradually, decentralized trust will be accepted as a new and effective trust model. We have seen this evolution of understanding before – on the Internet.” -Andreas Antonopoulos From the beginning, we’ve been mentioning and discussing decentralized...
24 Sep 2023 1 minute read 0 comments OfTheFreeMarket
“Someone’s sitting in the shade today because someone planted a tree a long time ago.” -Warren Buffett Opportunity, specifically economic opportunity leads to more trees being available to enjoy shade under for generations. Individuals have the powe...
24 Sep 2023 1 minute read 0 comments OfTheFreeMarket
“If opportunity doesn’t knock, build a door”-Milton Berle. Free markets allow people the honor of creating opportunity where there was none. In market environments where individuals have freedom to create endless amounts of opportunity, they can chan...
24 Sep 2023 1 minute read 1 comment OfTheFreeMarket
“Mediocrity will never do. You are capable of something better.” – Gordon B. Hinckley Why is competition so virtuous? To answer that, we can ask the question: What would we have without it? Well, the answer to that is simple: Mediocrity; complacency;...
21 Sep 2023 1 minute read 1 comment OfTheFreeMarket
“Taste the relish to be found in competition – in having put forth the best within you.” -Henry Kaiser Over the past week, we’ve been discussing innovation, and the benefit of having the freedom to innovate. We’re shifting the focus over to it’s v...
21 Sep 2023 2 minute read 0 comments OfTheFreeMarket
“There are not more than five musical notes, yet the combinations of these five give rise to more melodies than can ever be heard. There are not more than five primary colours, yet in combination they produce more hues than can ever be seen. There ar...
20 Sep 2023 1 minute read 1 comment OfTheFreeMarket
“Innovation is taking two things that exist and putting them together in a new way.“ -Tom Freston, Co-founder of MTV. This week we are talking about innovation on the site as we continue to theme out the free market, and break down its core princi...
20 Sep 2023 1 minute read 0 comments OfTheFreeMarket
“Today is yesterday’s effect and tomorrow’s cause.” – Phillip Gribble Voluntary exchange is the cause, innovation and competition are the effects. This mutually beneficial transaction leads to more transactions, because there is more trust in the mar...
20 Sep 2023 1 minute read 0 comments OfTheFreeMarket
“No man is good enough to govern another man without the other’s consent.” -Abraham Lincoln Being able to choose to buy something or freely participate in a transaction brings more value, more personal investment and a better outcome for both parties...
20 Sep 2023 1 minute read 0 comments OfTheFreeMarket
“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.” -Milton Friedman One of the best things about the free market is mutual consent that goes into each transaction. No transaction...
