Entrepreneurship

We agree that charity is a virtue, but sometimes well-intentioned plans have undesirable consequences or fail to live up to their potential because they change people's incentives.

As more individuals like Yoani Sanchez and Ron Paul emerge by means of the Internet, the inevitable long-term result will be a freer, happier, more prosperous world.

The change wrought by markets goes to the very core of the issue. It makes and breaks whole institutions, sometimes overnight. And it does so in a beneficial way for the whole, without blood and without the risk of unanticipated calamity.

Entrepreneurs see the future better than others and go and make money off it. Profits are an index that maladjustments are being met and combatted by the profit-making entrepreneurs. Capital does not beget profits. Only wise entrepreneurial decisions do that.

Philp captures much of the controversy surrounding modern yoga in his film, but not all.

Competition in the market economy separates the good ideas from the not-so-good and helps us economize on scarce resources.

PDF of Peter Klein’s PowerPoint presentation.

The market may not give us a perfect world, but market-based thinking can get us closer to the best possible world on which no amount of central planning could possibly ever improve.

The price system is a system of action, not words. It is decisive and takes responsibility.

The film's antitechnological, anticapitalist message needs to be exposed and countered by all thinking individuals.