The Great Capitalist Novel
Ignorant politicians who create no wealth can only impede great visionaries like Henry M. Galt from creating wealth with monetary chicanery, antitrust litigation, labor laws, and other regulatory measures.
The Entrepreneur
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Christianity and the Development of Human Capital: Challenging the Narratives
While the standard secular narrative is that Christianity held back science and human development, history tells a different story, one of literacy and the development of human capital.
The Character of American Individualism
The early American individualists of the nineteenth century were a diverse lot with fixed and unwavering love of true liberty.
Quantitative Methods Are Incomplete When Used for Economic Analysis
Modern economics claims that quantitative methods are central to understanding economic analysis. Mises demonstrated why this belief is untrue.
The Ethic of the Peddler Class
In earlier days, the government employee was held to be a man who could not have made his way in the business world and was therefore tolerated with condescension.
We’re Taught to Revere Schoolteachers. So Why Are They Paid So Little?
In the case of both athlete and teacher, the rarity of the skill and the number of people who benefit from the individual determines how much they're paid.
With Capitalism, Cooperation Is Just as Important as Competition
Free consumers and business owners always seek to cooperate in the marketplace. After all, "suppose there were no coming together, each individual dependent solely on his or her own thoughts and productivity…. All would starve!"
Entrepreneurs Are Motivated by Profit, Not Risk
A capitalist never chooses that investment in which, according to his understanding of the future, the danger of losing his input is smallest. He chooses that investment in which he expects to make the highest possible profits.
