The free market is filling the gap when budget cuts are closing down government services. And of course they are cheaper, more efficient and more in tune with customer wants and needs.
“[The austrian economists] answers […] to the question of why economic booms and busts are cyclic events is referred to as the Austrian theory of the business cycle. Their conclusion can be found in the artificial lowering of prices, not of bricks or lumber, per se, but of the price of money itself.”
Peter Schiff gives a great talk which covers quite a lot of ground. What is money? How did the world leave the gold standard? What are the consequences? Is capitalism or the free market to blame?
This talk was apparently given as a part of a bigger event with other speakers, including Ron Paul.
thefreemanonline.org has a short post explaining how women have capitalism to thank for being liberated from centuries of second-class citizenship.
And then you get demonstrations saying corporations are to blame. WTF?!?
Id rather be unequally successful than equally miserable.
A really great interview in plain english on the economic situation from an austrian perspective.