The article today on John Wanamaker further confirms my thinking that How They Succeeded is one of the best books that the Mises Institute has ever published, simply because it chronicles the lives of the most successful men and women from the Gilded Age – the actual “greatest generation.” These people have so much to teach us.

I highly recommend Terrance Tomkow’s Retributive Ethics to anyone interested in new approaches to ethics. Tomkow discusses with great insight a number of issues central to libertarianism, including self-defense and property rights. He holds that we have no positive moral duties and on this basis assails Peter Singer’s influential contention that we ought to donate substantial parts of our income to relieve world poverty.