Jeff Bezos’s Yacht: Driver of Economic Activity
A yacht—like any good exchanged on the free market—represents countless value-maximizing exchanges and represents an industry that employs thousands of people to provide goods and services to others.
Capitalism
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Objections to Capitalism
Timothy Terrell tackles the most common objections to capitalism, from inequality myths to profit “villainy,” and offers a principled, empirical defense of market institutions and voluntary exchange.
Critics of Capitalism Misunderstand Economic Success
In a free society, legitimate economic success does not fall from the sky or come by force. Behind every fortune lies effort, risk, savings, time, discovery, validation, and social coordination.
What the Modern Luddites Miss: Technology Makes Us Wealthier
Contrary to the expectation of the Luddites, we have only become wealthier than before and workers today enjoy much higher standards of living than workers in the past.
What the Modern Luddites Miss: Technology Makes Us Wealthier
Contrary to the expectation of the Luddites, we have only become wealthier than before and workers today enjoy much higher standards of living than workers in the past.
Critics of Capitalism Misunderstand Economic Success
In a free society, legitimate economic success does not fall from the sky or come by force. Behind every fortune lies effort, risk, savings, time, discovery, validation, and social coordination.
The Disasters of Government Enterprise
Our socialist transit systems are an ongoing failure made worse by even more government intervention. We should not be surprised, then, when political leaders insist that the real problem is the lack of a political will to spend even more money on government enterprises.
The Disasters of Government Enterprise
Our socialist transit systems are an ongoing failure made worse by even more government intervention. We should not be surprised, then, when political leaders insist that the real problem is the lack of a political will to spend even more money on government enterprises.
Reviving Catholic Liberalism
Following the overtly anti-capitalist papacy of Pope Francis, one asks if Pope Leo XIV will follow his predecessor or steer the Roman Catholic Church‘s leadership back toward economic liberty and natural law. One hopes it is the latter.
Toward a Historical Bibliography of the First Quarter (2000–2025)
We cannot allow the establishment to write the history of 2000–2025. To that end, consider this non-exhaustive bibliography for understanding this turbulent period.
