Inflation is a monetary phenomenon. It is made by or stopped by the central bank.

What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.

With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.

For one thing, there are many "inventions" that are not patentable. The "inventor" of the supermarket, for example, conferred great benefits on his fellowmen for which he could not charge them. Insofar as the same kind of ability is required for the one kind of invention as for the other, the existence of patents tends to divert activity to patentable inventions.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.

See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true.