Beauty is something most everyone wants more of. And while there is plenty of handwringing about healthcare not being affordable in the United States, cosmetic surgeons are doing fine, despite the recession. These doctors, by the way, are paid directly by the patient.
The entrepreneurs and capitalists owe their wealth to the people who patronize their businesses.
This world-renowned merchant seeks no fame for his business achievements. Yet there is no story more full of encouragement and inspiration for youth.
Contrary to what the president told the US Chamber of Commerce, government regulations deserve no credit for the invention and marketing of the auto-defrosting refrigerator and freezer.
The trouble lies in the fact that people do not have an object — one thing to which they stick, letting all else go.
Removing the ability of a lone societal institution to arrogate to itself the right to pronounce law and to decide cases would result not in disorder but in a legal framework that more perfectly reflects the norms of society.
God knows I had enough to do without sitting and listening to the city people tell me what an idyllic life I had and how they envied me. But I didn't notice any of them grabbing a hayfork and pitching in.
The legacy of (classical) liberalism, though never fully implemented, is one of vast economic progress and greater freedom wherever the ideology has been widely tried.
