Richard Maybury helps people think through what causes prices to rise, the trials that businesses face, the motive force behind entrepreneurship, where wealth comes from, what prosperity and poverty mean, and what kinds of intervention harm business.
In the early years, the pilgrims of Plymouth Colony adopted a 17th-century form of socialism and nearly starved to death. They had little to be thankful for until they gave up on dreams of utopia and turned to markets instead.
During patriotic holidays, the news media applaud the Founding Fathers. But rarely does anyone mention some important facts about them: that they were smugglers, tax evaders, and traitors. Not only is this important, it is also praiseworthy; it produced the most advanced civilization ever known.