The Scam That Is Urban “Land Use” Planning
Government planners admit they don't know how consumers actually want to use city land. But that doesn't stop them from regulating every lot in town.
The Entrepreneur
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Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship
When a community is hit by a disaster, how can it recover? The economics of mega-disaster poses some interesting questions for entrepreneurs.
Equilibrium, Profit and Loss, and Entrepreneurship
(Excerpt from chapter 17 of Mises: The Last Knight of Liberalism , pp. 770–73.) It was through the writings of Carl Menger and Eugen von Böhm-Bawerk that Mises had come to understand the market economy as a rational social order in which all...
How Sound Economics Birthed the Video-Game Era
Technological know-how is not enough to make a high-tech endeavor successful.
Government Should Leave Bakers Alone
Even if the bakery wins in this case, its victory will only protect those businesses acting on a “sincere religious conviction.” That's a bad thing.
The Market for Literary Products
Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. Literature is just one example.
I, Pencil
This classic article by Leonard Read illustrates how completely dependent the world is on the division of labor.
Opportunity and the Entrepreneur
The discovery and (potential) exploitation of opportunities is proposed as the unit of analysis for entrepreneurship research.
More Spending Does Not Drive More Employment
Entrepreneurship — not spending — is the key to a growing economy.
Johnny Appleseed: Land Speculator, Alcohol Dealer, Capitalist
Johnny Appleseed is a man truly deserving to be considered an American hero, but he should also be remembered as a hero of American capitalism.
