Entrepreneurship

The only permanent way to cure poverty is to increase the earning power and productivity of the poor.

China's central planning makes it remarkably inefficient.  China is the world’s largest installer of wind power. Yet with twice the wind capacity as the US, the Chinese still produce less power. 

Capital goods become available thanks to secure private property rights, and a class of people willing to save and invest. Without this, there can be no great progress in the standard of living. But, it all takes time. 

Presented at Mises University 2021.

It appears in the absence of formal government, that the Western frontier was not as wild as legend would have us believe.

Healthcare is inaccessible in many ways, and it is notoriously inefficient. There is a fundamental misalignment between patients and the system.

It is absurd to say we wish to do away with religion, education, property, labor, and the arts simply because we oppose government subsidies. Rather, we merely oppose stealing from one group of citizens and handing over their wealth to others.

It is striking that the major resurgence of Scholastic ideas came out of Austria in the late 19th century, a country that had avoided a revolutionary political or theological upheaval. If we look at Menger's own teachers, we find successors to the Scholastic tradition.