Wal-Mart Warms to the State
The CEO of Wal-Mart surprised many by calling for an increase in the minimum wage, writes Lew Rockwell. It is a cartelization tactic that uses regulatory violence as a means of competition.
The Entrepreneur
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What is Morally Right With Insider Trading?
Insider trading per se is obtaining information from non-public sources and using it for purposes of enhancing one's financial advantage. Is there anything unethical or morally wrong in this exercise?
The Non Sequitur of the Dependence Effect
From the Southern Economic Journal, Vol. 27, April 1961.
Knowledge, Judgment, and the Use of Property
Hans-Hermann Hoppe A Theory of Socialism and Capitalism Acrobat 3.0 Import Plug-in
Mises on the Evenly Rotating Economy
J. Patrick Gunning Mises on the Evenly Rotating Economy Adobe Acrobat 6.0 Paper Capture Plug-in
The Efficient-Markets Hypothesis and Entrepreneurship
The entrepreneur is a key figure in the market economy. In a dynamic economy, ideas, products, and services are constantly changing. Entrepreneurship, broadly defined, refers to actions of individuals as they strive to cope with constantly changing market conditions.1 When viewed in this way, all market participants-consumers, producers, and investors-engage in entrepreneurial activity.
The Role of Entrepreneurship in Desocialization
From The Review of Austrian Economics Vol. 6, No. 1, 1992.
Producer, Entrepreneur, and the Right to Property
What does it mean to say that a person is entitled to own what he has produced? Israel Kirzner answers the question by way of explaining the function of entrepreneurship.
