Fallout, the dystopian series on Prime, hardly is free market in its caricature of business. However, the show lends itself to being analyzed through the lens of Austrian Economics.
According to an article in The Atlantic, Washington is turning away from its previous commitment to “free trade.” However, there never was a “free trade consensus” because Washington always has sought state-managed trade.
Chris Edwards Government interventions create vicious cycles of collateral damage, larger bureaucracies, and further interventions. As one example, high taxes on cigarettes have been causing damage for years, yet governments keep jacking the tax rates up further. State cigarette taxes now average $1.96 per pack, as shown
Thomas A. Berry, Brent Skorup, Jennifer J. Schulp, & Alexander Khoury
Even though the US had a semilibertarian revolution, there are few libertarians in representative governance.
The failure of mainstream economics to teach real economics, as opposed to contrived “models” of market failure and central macroeconomic planning, is why Mises University has been so successful and so helpful in the war of ideas and the battle for freedom.
In spite of what some critics seem to think, it's not our job to run articles promoting despotism and war in the name of "balance" or "debate." Our only mission is to promote Austrian Economics, freedom, and peace.
The Mises Institute "exists to promote teaching and research in the Austrian school of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard."