Entrepreneurship
Eliminating Grocery Shortages
In my seminar on spontaneous order, the topic today was road design.
Rethinking Power Plugs
Have you ever wondered why power plugs have the shape they do?
Pawn Shops Serve a Public Function
Day in and day out, for hundreds of years, pawnbrokers have engaged in a perfectly legitimate business, write Glen Tenney.
GloTell as Case Study in Private Security
A relatively new product, GloTell, is now available to farmers and chemical plants, whose anhydrous ammonia t
A Reluctant Purist: Bhagwati on Trade
Neoclassical economists often make matters more complicated than necessary; but, fortunately, the best of them manage to stumble close
Government Contractors versus Real Business
If socialists of old resented Pravda for giving them a bad name, writes Lew Rockwell, free enterprisers ought to feel the same about the Wall Street Journal's editorial page.
The Economics of Happy Feet
It is conventional to credit medicines and hospitals for long lives, writes Jeffrey Tucker, but we should also give due regard to such conventional consumer products such as shoes that make life past the age of 40 worth living at all.
3. Money and Monetary Integration: The Growth of Cities and the Globalization of Trade
The next element in human development is that of money and the growth of cities and trade. Why is there division of labor and why is there money? Hoppe covers why people do not remain in self-sufficient isolation even when they could and even if everybody hated everybody else. As long as every person wants to have more rather than less, division of labor occurs.